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Weak ’08 demand pressuring freight transportation: Agency
NEW YORK -- The past year has proved challenging for the freight transportation industry in the U.S., and things don't look to get any easier in 2008 -- at least through the first half -- according to Fitch Ratings, a global rating agency providing credit markets with independent credit opinions.
Commission calls for major fuel tax hike
ARLINGTON, Va.-- As expected, the National Surface Transportation Policy and Revenue Study Commission is urging the American government to drastically increase gas and diesel taxes in order to fix aging bridges and roads and expand infrastructure for growing capacity needs.