Government

About Government News...

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.

Business, Government

Retail Sales Rise 1% in January

Retail sales rose 1% in January, halting a six-month slide, the Commerce Department said Thursday.

February 12, 2009
Business, Government

Business Inventories See Largest Decline Since 2001

Business inventories fell 1.3% in December, the fourth consecutive month of decline and the largest drop since 2001, the Commerce Department said Thursday.

February 12, 2009
Business, Safety, Government, Logistics

Pacer Reports Loss for 4Q, Year

Transportation and third-party logistics firm Pacer International said late Wednesday it took a fourth-quarter loss of $65.1 million, or $1.87 a share, compared with a profit of $20.6 million, or 59 cents, a year earlier.

February 11, 2009
Business, Safety, Government

DOT Freight Transportation Index Falls 3%

The Department of Transportation’s freight transportation services index declined 3% in December from a year earlier, DOT said Wednesday.

February 11, 2009
Government

U.S. Trade Deficit Falls to Lowest Level Since 2003

The December U.S. trade deficit fell to the smallest level in almost six years, the Commerce Department said Wednesday.

February 11, 2009
Fuel, Business, Government

DOE Holds ’09 Diesel Forecast at $2.28 a Gallon

The Energy Department held its projection for diesel prices from a previous forecast, saying trucking’s main fuel would average $2.28 per gallon this year and $2.55 in 2010.

February 10, 2009
Business, Government

UPS, Postal Service Set Retail-Return Partnership

UPS Inc. said Tuesday it is partnering with the U.S. Postal Service for a new retail-return service in which consumers can send returns by UPS via their own mailboxes.

February 10, 2009
Government

Wholesale Inventories Fall 1.4%

Wholesale inventories fell 1.4% in December, the Commerce Department said Tuesday.

February 10, 2009
Government, Business

Senate Approves $838 Billion Stimulus

The Senate approved Tuesday the $838 billion economic stimulus bill proposed by President Obama, the Associated Press reported.

February 10, 2009
Government, Business, Safety

Vitran Reports Fourth-Quarter Loss

Vitran Corp. said Tuesday it lost $ $3.2 million, or 23 cents a share, compared with a profit of $1.7 million, or 12 cents, a year earlier.

February 10, 2009