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, Fuel

Diesel Dips 4.6¢ to $4.718

The average price of retail diesel in the United States dipped 4.6 cents last week to $4.718 a gallon, the largest weekly drop in more than six months, the Department of Energy reported.

July 28, 2008

Fuel, Government

Saia’s 2Q Profits Tumble on Fuel, Pricing Pressures

Saia Inc. on Friday reported that it earned $5.4 million, or 40 cents a share, in the second quarter, down from $10.4 million, or 72 cents, a year ago.

July 25, 2008

Business, Government

Consumer Sentiment Index Rebounds in July

U.S. consumer confidence this month rose from a reading that was close to a 28-year low, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.

July 25, 2008

Business, Government

New Home Sales Fall in June

New home sales fell 0.6% in June, the Commerce Department said Friday.

July 25, 2008

Business, Government

Durable Orders Rise in June

Durable goods orders rose in June, the Commerce Department said Friday.

July 25, 2008

Business, Government

House Passes Bill to Boost Bridge Inspections

WASHINGTON — The House Thursday approved a bill that would require states to update their highway bridge inspection standards and perform annual inspections of structurally deficient bridges.

Rebecca Richards | Special to Transport Topics

July 24, 2008

Government, Business, Safety

Rush Enterprises’ 2Q Earnings Fall

Truck dealership Rush Enterprises’ first-quarter net income fell to $6.1 million, or 16 cents a share, down from $13 million, or 34 cents, a year ago.

July 24, 2008

Government, Business, Safety, Logistics

Hub Group Reports Higher 2Q Earnings

Third-party logistics company and freight broker Hub Group’s second-quarter net income rose to $15 million, or 40 cents a share, from $13.8 million, or 35 cents, a year ago.

July 24, 2008

Business, Safety, Government, Logistics

Union Pacific’s 2Q Profit Jumps 19%

Union Pacific Corp. said Thursday its second-quarter profit rose 19%, on higher demand for agricultural transportation.

July 24, 2008

Business, Safety, Government

Knight Reports Lower 2Q Earnings

Truckload carrier Knight Transportation’s second-quarter profit fell to $12.7 million, or 15 cents a share, from $18.2 million, or 21 cents, a year ago.

July 24, 2008