Economic Watch: New Home Sales and Employment Jump
Sales of new homes on the United States skyrocketed in October, recording the biggest monthly increase in more than 30 years, according to a new U.S. Commerce Department report.
Sales of new homes on the United States skyrocketed in October, recording the biggest monthly increase in more than 30 years, according to a new U.S. Commerce Department report.
The New York Thruway has installed the first-in-the-nation Doppler-radar-enhanced LED signs to alert wrong way drivers before they enter the Niagara Expressway, also known as I-190, at the southbound exit 9 off-ramp in Buffalo.
Freight rates have posted their first across the board increases for the first time in several weeks on one of the nation’s largest spot markets.
Rep. Earl Blumenauer’s bid to raise federal fuel taxes to pay for more investment in roads and bridges drew strong support from a wide range of interests, including American Trucking Associations.
The 43rd Tokyo Motor Show, which ran from Nov. 20 to Dec. 1, showcased international manufacturers’ latest technology in trucks, buses, cars, motorbikes and accessories. Get a feel for the show with this photo gallery from HDT International Editor Sven-Erik Lindstrand.
Less-than-truckload carrier Old Dominion Freight Line on Tuesday updated its expectations for growth in tons per day and revenue per hundredweight for the fourth quarter of this year, saying it now expects a larger increase in tons per day.
There is a new reason for truckers to worry about four-wheelers during the holidays, with a new survey showing aggressive driving is higher during this time of the year.
Freight haulers are embracing social media but still not a much as other business-to-business companies, according to a new study.
Sales of new automobiles, light-trucks and SUV’s in the U.S. picked up their pace dramatically last month, hitting an annual rate of 16.4 million, far above the 15.3 million yearly rate in October and the best since early 2007.
Rep. Earl Blumenauer, D-Ore., will introduce bills to raise federal fuel taxes, index them to inflation and test a vehicle-mile tax. The proposals, which Blumenauer is scheduled to discuss on Capitol Hill Wednesday, come as Congress begins to consider ways to revive funding for U.S. roads and bridges.
November Class 8 truck orders totaled 20,915, the second consecutive month above the 20,000 mark, according to preliminary data from transportation forecasting firm FTR. However, the company notes that was below expectations.
The financially troubled parent company to several fleets, YRC Worldwide, is looking to investors to help it pay off some debt, according to the Journal of Commerce.
A woman has pleaded guilty to charges in U.S. District Court in Macon, Ga., for her involvement in a double-brokering freight scam. On Nov. 20, Pauline Robinson-Kirkland, of Donalsonville, Ga., admitted to mail fraud. She was indicted in July 2012.
The California Energy Commission is seeking proposals to spend $200 million starting in 2015 to build out fueling stations and other infrastructure to support hydrogen fuel-cell vehicles.
On Nov. 22, the Massachusetts state legislature reconciled differences between two laws that were on the books in the state that mandated that vehicle manufacturers provide affordable access to all tools, software and information used to repair-late model vehicles.
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