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.
TransForce Reports Higher 4Q Earnings
TransForce Inc.’s fourth-quarter net income rose to C$41.7 million, or 41 cents a share, from C$34.8 million, or 36 cents, a year earlier, the Montreal-based trucking and logistics company said Wednesday.
February 29, 2012Fourth-Quarter GDP Rate Revised Up to 3%
The U.S. economy rose at a 3% annual rate in the fourth quarter, up from a previously estimated 2.8%, the Commerce Department said Wednesday.
February 29, 2012Quality Swings to Fourth-Quarter Profit
Tank truck carrier Quality Distribution reported a fourth-quarter profit, turning around a loss in the same quarter a year ago.
February 29, 2012N.Y., N.J. Bills Would Limit Independent Truck Drivers
Bills introduced in the New York and New Jersey legislatures that would eliminate independent owner-operators in major segments of the trucking industry.
ATA Supports EOBR Rule in Court Brief
American Trucking Associations has defended the federal government’s moves to encourage the use of electronic onboard recorders among trucking fleets in a brief filed in federal court.
NAFTA Surface Trade Rises 11.6% in December
Surface trade among the United States, Canada and Mexico rose 11.6% in December from a year ago, the Department of Transportation said Tuesday.
February 28, 2012Consumer Confidence Jumps to One-Year High
Consumer confidence climbed this month to the highest level in a year, the New York-based Conference Board said Tuesday.
February 28, 2012Editorial: Worrisome Fuel Prices
Once again, fuel prices are in the worrisome range, just as most of us are beginning to accept that the recession is really over and better times are ahead.
February 27, 2012TNT Express Rebuffs UPS, but Talks Continue on Deal
UPS Inc. said late last week it was continuing talks to buy European package carrier TNT Express, after the Dutch company rebuffed a $6.5 billion bid, sparking speculation that a higher price and other bidders, such as FedEx Corp., could emerge.
February 27, 2012Consumer Confidence Rises
Consumer confidence rose in February, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
February 24, 2012