Government
Transport Topics government and regulatory coverage keeps managers of a highly-regulated industry aware of the policy decisions that can shape their businesses. Covering both the legislative and regulatory aspects of policy-making, at both the state and national levels, the news in this category includes looks at infrastructure, hours of service, emissions rules, funding measures, leadership appointments, and more. Readers can follow what’s happening in Congress, at the Department of Transportation and the Federal Motor Carrier Administration, and in state and local governments.
Carriers Hit FMCSA Limits for Oil, Gas-Field Drivers
Federal regulatory “guidance” issued last month that restricts the number of oil and gas drivers allowed to extend their workdays beyond the 14-hour limit could have significant adverse economic and safety implications for the trucking industry, several truckers said in comments filed earlier this month.
July 23, 2012Daimler’s China Venture to Build Engine Plant
Daimler AG and its joint-venture partner, China’s Beiqi Foton Motor Co., said they will build a $166 million plant with the capacity to make as many as 45,000 engines a year for its trucks to serve the fast-growing Chinese market.
July 19, 2012Leading Economic Indicators Decline in June
An index of leading economic indicators declined 0.3% in June, the New York-based Conference Board said Thursday.
July 19, 2012Trucking Shows Mixed Activity, Fed ‘Beige Book’ Says
The U.S. economy grew at a moderate pace in June as manufacturing improved slowly, while trucking and logistics activity was mixed, the Federal Reserve said Wednesday.
July 18, 2012Senate Nixes Bonus Depreciation Bill
The Senate has rejected a bill that would have brought back the bonus depreciation tax deduction for capital spending, a proposal backed by American Trucking Associations.
Trucking Cites Concerns on Oilfield Rule
Federal regulatory “guidance” issued in June restricting the number of oil and gas drivers allowed to extend their workdays beyond the 14-hour limit could have significant adverse economic and safety implications for the trucking industry, several truckers said in comments filed earlier this month.
Kansas City Southern’s 2Q Profit Improves
Kansas City Southern’s second-quarter earnings rose to $120 million, or $1.09 a share, from $71 million, or 64 cents, a year ago.
July 17, 2012Consumer Price Index Unchanged in June
The consumer price index was unchanged in June following a 0.3% drop in May, the biggest decline since December 2008, the Labor Department said Tuesday.
July 17, 2012OOIDA Sues FMCSA Over Driver Database
The Owner-Operator Independent Drivers Association said Monday it has filed suit against the Federal Motor Carrier Safety Administration regarding FMCSA’s pre-employment screening program and appeal process.
July 17, 2012New York Manufacturing Index Rises
Manufacturing activity in the New York region expanded in July, the Federal Reserve Bank of New York said Monday.
July 16, 2012