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.
Hino to Triple Engine Output in China
Japanese truck maker Hino Motors Ltd. said it will nearly triple its production of diesel engines in China this year, Bloomberg reported.
January 14, 2008Cogswell Named President of ABF’s Data-Tronics
David Cogswell has been named president of Data-Tronics Corp., the information technology subsidiary of Arkansas Best Corp., the company said.
January 14, 2008ATA, FMCSA Urge U.S. Court to Reject HOS Rule Appeal
ATA and FMCSA last week asked a federal court to reject the latest attempt to roll back key provisions of the federal driver-hours rule, the latest step in several years of litigation that observers predicted would keep the rule in flux until after President Bush leaves office next year.
January 14, 2008Panel to Back Fuel Tax Hike
The commission charged with examining the future of the national transportation system is set to recommend a significant increase in federal fuel taxes to Congress, according to wire service reports and other sources.
January 14, 2008YRC-Union Pact to Raise Pay, Give Carriers New Flexibility
YRC Worldwide’s proposed new contract with the Teamsters union raises wages by $2.20 an hour over five years, increases company pension payments, and sets up a new class of “utility employees” to perform more job duties in exchange for higher pay.
January 14, 2008Diesel Rises Again; DOE Sees $3.40 Average Into Spring
Diesel fuel prices rose again last week, gaining 3.1 cents to $3.376 a gallon in the Department of Energy’s weekly average of filling stations. DOE said average gasoline prices increased 5.6 cents to $3.109.
January 14, 2008Trade Gap Jumps 9.3% in November
The U.S. trade deficit widened in November by 9.3%, the Commerce Department said Friday.
January 11, 2008FedEx Says Its Drivers Are Classified Correctly
FedEx Corp. Chief Executive Frederick Smith he is confident the company’s FedEx Ground unit drivers are correctly classified and that the division remains “fundamentally strong” in the face of adverse court rulings.
January 10, 2008Fed Chairman Says Rate Cut Likely
Federal Reserve Board Chairman Ben Bernanke said the Fed would cut interest rates as needed to prevent housing and credit problems from plunging the country into a recession, the Associated Press reported.
January 10, 2008Wholesale Inventories Rise 0.6%
Wholesale inventories rose 0.6% in November, while sales jumped 2.2%, the Commerce Department said Thursday.
January 10, 2008