In an effort to prevent a shutdown of the federal transportation program, the Senate Finance Committee has drafted a proposal to keep the Highway Trust Fund solvent through the end of the year. The original version of the proposal included an increase in the heavy vehicle use tax, but that provision was dropped in deference to Republican concern about the proportion of revenue raisers to spending cuts in the proposal.
Two of five transportation modes, pipeline and trucks, carried more U.S.-North American Free Trade Agreement trade in April 2014 than in April 2013 as the value rose to $100.1 billion, according new U.S. Transportation Department figures.
Auditors have signed off on truckstop chain Pilot Flying J's math in determining whether it correctly calculated what it owed trucking company customers in a fuel rebate program that has been the focal point of a federal investigation.
Chris Burruss resigned from his position as president of the Truckload Carriers Association on Thursday. In a brief statement from the organization, it said the decision was due to "personal reasons."
Compressed natural gas component supplier, Mainstay Fuel Technologies, said Tuesday Watson Engineering will provide components and fabrication services for its proprietary on-board CNG fuel storage and delivery systems for heavy duty commercial vehicles.
Rod Strata, a veteran of more than 30 years in the transportation, supply chain and enterprise software industries, has joined TMW Systems as executive vice president of operations.
UPDATED -- The U.S. economy shrank at its steepest rate in the first quarter of the year since first quarter of 2009, amid the Great Recession, according to a new estimate from the Commerce Department.
Sen. Ron Wyden, D-Ore., is proposing a three-month patch to keep the Highway Trust Fund solvent through the end of the year. The patch would be paid for with general funds, balanced by adjustments including raising the heavy vehicle use tax.