Filed in Trucking
Tuesday, January 11, 2011
On the heels of a 0.4 percent increase in November, the December edition of the Ceridian-UCLA Pulse of Commerce Index (PCI) took a sharp turn north with a 2.4 percent increase. Prior to the gains of the last two months, the PCI was down 0.6 percent in November and 0.5 percent and 1.0 percent in September and August, respectively.
Thomas J. Donohue, in his annual “State of American Business Address” to business leaders at the U.S. Chamber of Commerce building across from the White House, is predicting 3.2 percent growth in Gross Domestic Product this year. That figure, higher than what most mainstream economists are predicting, is based on Donohue’s cautious optimism about overall economic conditions, including jobs and growth.
Diesel prices continued their upward march for the week of January 10, according to data released this week by the Department of Energy’s Energy Information Administration (EIA).
Friday, January 07, 2011
Earlier this week, the Federal Motor Carrier Safety Administration said that United States Transportation Secretary Ray LaHood shared “an initial concept document” with members of Congress for a long-haul cross-border Mexican trucking program.
Freight volumes finished 2010 on a somewhat uneven growth path in December, according to the most recent edition of the Cass Information Systems Freight Index.
Four organizations have individually filed amicus briefs in support of American Trucking Association in its challenge to the Port of Los Angeles Concession Agreement regulations
Monday, January 03, 2011
Based on what various newspaper articles and other reports are saying about the economy’s growth prospects for 2011, it stands to reason there is a healthy sense of optimism in the air, when it comes to assessing the economy as we prepare to dig into what is likely to be an eventful year.
Monday, December 27, 2010
The federal government, which has been tinkering with truck drivers’ hours of service regulations for at least 11 years without exactly getting it right, is assured of going into 2011 with more unfinished HOS business.
Tuesday, December 21, 2010
With the trucking industry on pins and needles anticipating more proposed changes in the truck driver hours of service regulations, some leading industry advocates and analysts are anticipating a once-in-a-generation opportunity to shape transportation policy in the new era of split government in Washington.
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Sunday, December 19, 2010
Truck tonnage was essentially flat in November compared with October, according to data released by the American Trucking Associations. Following a cumulative 2.8 percent increase over September and October, the ATA’s advance seasonally-adjusted (SA) For-Hire Truck Tonnage index was down 0.1 percent in November.