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.

Government, Business, Safety

Fourth-Quarter Productivity Rises 3.2%

Fourth-quarter U.S. worker productivity increased at a 3.2% annual rate, the Labor Department said Thursday.

February 5, 2009
Government, Business, Safety

Interstate Bakeries Exits Chapter 11

Interstate Bakeries Corp. has emerged from bankruptcy after four years of operating under Chapter 11 protection, agreeing to a plan that gives financial control to New York investment firm Ripplewood Holdings and a group of the company’s lenders, news services reported.

February 4, 2009
Business, Safety, Government

ISM Services Index Improves, But Still Shows Contraction

The U.S. economy’s service sector contracted in January but at a lower rate than previously reported, the Institute for Supply Management said Tuesday.

February 4, 2009
Business, Safety, Government

Xata Reports Smaller 1Q Loss

Transportation software firm Xata Corp. said Wednesday it lost $716,000, or 8 cents a share, in its fiscal first quarter, compared with a loss of $1.1 million, or 14 cents, a year ago.

February 4, 2009
Government, Business, Safety

Senate GOP Blocks Additional $25 Billion for Highways

Senate Republicans Tuesday blocked a proposal to add billions of dollars of highway and mass transit funding to the economic stimulus bill continuing to shape, the Associated Press reported.

February 3, 2009
Government, Business, Safety

Wal-Mart Receives Prototype Hybrid from ArvinMeritor

ArvinMeritor Inc. said Tuesday that it has presented Wal-Mart Stores Inc. with a prototype heavy-duty truck equipped with the first Meritor diesel-electric drivetrain.

February 3, 2009
Fuel, Business, Logistics, Government

Diesel Drops 2.2¢ to $2.246

Diesel fuel’s national average price fell 2.2 cents to $2.246 a gallon, the lowest in more than three and a half years, the Department of Energy said Monday.

February 3, 2009
Business, Safety, Government

Covenant Reports Loss for 4Q, Year

Covenant Transportation Group said Tuesday it lost $39.8 million, or $2.83 per share, compared with a profit of $176 million or 1 cent, a year ago.

February 3, 2009
Government, Business, Safety, Equipment

Cummins’ 4Q, Full-Year Profit Declines

Diesel engine maker Cummins Inc. said Tuesday its fourth-quarter profit fell 55% from a year ago, due to declining demand.

February 3, 2009
Business, Safety, Government, Autonomous

Maryland Approves Truck Toll Increase

The Maryland Transportation Authority has approved increased truck tolls its seven toll facilities, the Associated Press reported.

February 3, 2009