DOT Reports Americans Still Driving Less

Transportation Secretary Mary Peters is lamenting the fact that Americans are driving less, resulting in declining gas tax revenues » 10/06/08 1:45pm 10/06/08 1:45pm and decreased funding for . As eTrucker reports, the federal government already had to make an emergency contribution of in September to continue in-progress projects. Statistics show…

Federal Highway Trust Fund Could Run Dry This Month

Transportation Secretary Mary Peters is warning that the Federal Highway Trust Fund could run out of money by the end of this month, reports the AP. The fund is facing an $8.3 billion shortfall in projected revenues, primarily due to high gas prices reducing the amount of fuel purchased by American consumers. The… » 9/08/08 10:30am 9/08/08 10:30am