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.
ISM Manufacturing Index Plunges to 26-Year Low
An index of U.S. manufacturing fell to a 26-year low in October, the Institute for Supply Management said Monday.
November 3, 2008Construction Spending Drops 0.3% in September
Construction spending fell 0.3% in September, the Commerce Department said Monday.
November 3, 2008TransForce Reports Lower 3Q Income
Canadian transportation firm TransForce Inc. said its third-quarter net income slipped to C$26.5 million, or 31 cents per unit, from C$28.5 million, or 33 cents, a year ago.
November 3, 2008Diesel Declines Another 19.4¢ to $3.288
The average price of U.S. retail diesel shed another 19.4 cents last week, dropping to $3.288 a gallon, while the gasoline average fell below year-ago levels for the first time in 2008, according to the Department of Energy.
November 3, 2008Consumer Sentiment Index Shows Record Decline
U.S. consumer confidence fell this month in the largest decline since data began in 1978, according to the Reuters/University of Michigan’s final monthly consumer sentiment index, released Friday.
October 31, 2008Personal Spending Falls in September
Consumer personal spending dropped 0.3% in September, the biggest drop in four years, the Commerce Department said Friday.
October 31, 2008NTSB Adds EOBRs to ‘Most Wanted’ List
The National Transportation Safety Board has added mandatory use of electronic onboard recorders to its annual list of “most wanted” safety reforms.
October 31, 2008NAFTA Surface Trade Rises 4.5%
Surface trade among the United States, Canada and Mexico rose 4.5% in August from the same month last year, though both truck and rail imports declined, the Department of Transportation said Thursday.
October 30, 2008Maritime Commission to Challenge SoCal Ports’ Trucks Program
The Federal Maritime Commission voted to seek a court order to stop parts of the southern California ports of Los Angeles and Long Beach’s clean trucks program, the Associated Press reported.
October 30, 2008Third-Quarter GDP Shows 0.3% Contraction
The U.S. economy showed a 0.3% contraction in the third quarter, the Commerce Department said Thursday.
October 30, 2008