Daily Transportation and Logistics News – July 19, 2011

Desperately Seeking: One Senate Transportation Bill, Preferably Bipartisan

The Senate adjourned for the weekend last night with no word about the bill, positive or negative. And just now, the chairs of the Banking and EPW Committees sent out a joint letter to their House and Senate colleagues urging quick action on a transportation bill.

ATA Backs MADD’s Campaign to Eliminate Drunk Driving

MADD’s Campaign consists of a three-tiered approach to ending drunk driving including support for high visibility law enforcement, mandatory ignition interlock devices for convicted drunk drivers and development of passive technology for cars that will detect blood alcohol level prior to vehicle operation.

House Votes to Strip High-Speed Rail Funding

This morning, the House voted 232-182 for an Energy and Water Appropriations bill that redirects $1 billion of high-speed rail money to flood relief for the Midwest.

Banking on infrastructure

The concept of an infrastructure bank has been lobbied around myriad times by members of Congress, industry associations, and infrastructure experts alike.  Jeff Berman discusses the concept in his blog.

Shippers’ Index Improves, Still Negative

FTR Associates’ monthly Shippers Condition Index rose this month, indicating that market influences affecting shippers are becoming less unfavorable. The index’s July reading improved to minus 3.6 from minus 5.4 in June. A reading below zero suggests an unfavorable shipping environment.

House introduces another short-term FAA bill; no long-term deal in sight

With negotiations between the House and Senate over a long-term funding bill for the Federal Aviation Administration (FAA) appearing to be going nowhere, the chairman of the House Transportation and Infrastructure Committee said Friday he was introducing another short-term measure.

Diesel Prices Rise for Second Consecutive Week

Diesel prices across the United States increased 2.4 cents a gallon in the week ending July 18, rising for the second consecutive week just a crude oil prices fell, largely because of European and U.S. debt concerns.

Trucking: Truckload spot market in June has a record month, says TransCore

Spot market truckload volumes in June were the second-highest ever recorded in 2011 and in the 15 years they have been tracked by TransCore, the company recently reported.

YRC to Raise Rates 6.9 Percent

National LTL freight carrier YRC joins UPS Freight, ABF and Con-way in tariff rate hikes, raising its rates 6.9 percent starting on August 1. The increase will be an average across all lanes.

– Ben Dundas, Web Analyst
Follow me @ben37dBG