The Department of Transportation’s freight transportation services index rose 2.8% in March from the same month last year and increased sequentially for the fifth straight month, DOT said Wednesday.
May 8, 2013Business
Transportation Stocks Rise as Equities Markets Rally
Transportation stocks rose Friday as equities markets rallied following the government’s report that the unemployment rate fell to a four-year low 7.5%.
May 3, 2013Business
CRST Buys Allied’s Special Products Division
CRST International said it acquired the special products division of Allied Van Lines to bolster its Specialized Transportation Inc. business, which moves high-value products.
May 2, 2013Business
ATA, Transportation Groups React Positively to DOT Nominee Foxx
Transportation stakeholder groups, including American Trucking Associations, reacted positively to President Obama’s announcement that he has picked Charlotte, N.C., Mayor Anthony Foxx to be the next transportation secretary.
April 30, 2013Government, Business
DOT to Issue $474 Million in TIGER Grants for Innovative Transportation Programs
The U.S. Department of Transportation is making $474 million available for a competitive grant program and is asking for applications from state and local agencies who want to use the money.
April 23, 2013Business
Most Truck Drivers Use Truck-Specific Navigation, ATRI Study Says
The majority of truck drivers who use navigation systems use those intended for truck use, but almost a third use systems meant for passenger cars, the American Transportation Research Institute said.
April 18, 2013Government, Business
Obama Budget Calls for Transportation Funding Increase
President Obama on Wednesday called for transportation budget increases of 5.5% in 2014 and 25% in 2015, though the president was criticized by the trucking industry for not providing adequate detail on how the increases would be funded.
April 10, 2013Business
ATRI Surveying Carriers on Operational Costs
The American Transportation Research Institute is surveying motor carriers on their operational costs.
April 2, 2013Business
DOT Freight Transportation Index Rises 1.3%
The Department of Transportation’s freight transportation services index rose 1.3% in January from the same month last year.
March 13, 2013Business
ATRI’s Brewster Selected as 2013 Woman in Trucking
LAS VEGAS — Rebecca Brewster, president and chief operating officer of the American Transportation Research Institute, was recognized here with the 2013 Influential Woman in Trucking Award.
March 11, 2013