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While American’s are split on how President Obama is handling the economy, the latest numbers out show things are decidedly on the upswing, with increasing consumer confidence, rising home prices and steady job gains.
Read More →More carriers have reported second quarter financial results, with both Covenant Transport and Universal Truckload showing a decline in profit, Pacer showing a slighter bigger one, and Saia and P.A.M. showing increases in both profit and revenue.
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UPDATED- A federal appeals court upheld the Obama administration’s pilot program for long-distance trucking across the U.S.-Mexico border. The U.S. Court of Appeals for the District of Columbia Circuit denied petitions by the Owner-Operator Independent Drivers Association and the Teamsters union to declare the program illegal.
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As Congress squares for the fight over 2014 transportation spending and long-term transportation policy, President Obama called for more infrastructure investment to create jobs and support the middle class.
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The multi-service trucking provider Swift Transportation saw an increase in both earnings and revenue during the second quarter of the year. The Arizona-based operation posted a profit of $42.9 million compared to $33.7 million from the same time a year ago.
Read More →Yesterday in Des Moines, Iowa with the the Interstate 80 Challenge was offically launched. The I-80 Challenge is a multi-state awareness and high-visibility enforcement effort to encourage all drivers to drive safely on the Interstate 80 corridor and to support the efforts of the law enforcement officers. The challenge runs from July 24 to July 31.
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In the second-quarter survey, 65% of carriers indicated they plan to increase capacity. This presents no notable change from first-quarter 2013 and second-quarter 2012 percentages.
Read More →Fuel taxes in Massachusetts will increase, after lawmakers there overrode Democratic Gov. Deval Patrick’s veto of the state transportation budget.
Read More →The Cleveland Indians are partnering with the Women In Trucking Association to honor all women in transportation careers. The event will take place at Progressive Stadium during the Cleveland Indians versus Texas Rangers game on July 28.
Read More →Boosted by strong federal policy aimed at diversifying the transportation fuels market, the U.S. biodiesel industry reached a new production record for the first half of the year and is on pace for its best year ever, according to new EPA figures.
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