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.
Philadelphia Index Shows Fourth Straight Month of Contraction
Manufacturing levels in the Philadelphia region showed contraction for a fourth consecutive month in March, the Federal Reserve Bank of Philadelphia said.
March 21, 2008Midwest Floods May Last Through Weekend
Widespread flooding primarily in the Midwest threatened to worsen Friday, with many rivers rising past their banks for more than a day, the Associated Press reported.
March 21, 2008Minn. Closes Bridge Near Site of I-35W Collapse
State officials closed a bridge over the Mississippi River northwest of the Twin Cities area in Minnesota because of problems found in the same kind of steel plates that may have played a key role in last summer’s bridge collapse in Minneapolis, the Associated Press reported Friday.
March 21, 2008Oil Dips Below $100; Has Lowest Closing Price in Two Weeks
Crude oil fell below $100 a barrel in Thursday before rising back to close the trading day above $101, the lowest closing price in more than two weeks, Bloomberg reported.
March 20, 2008Leading Economic Indicators Decline for Fifth Month
An index of leading economic indicators fell 0.3% in February, the New York-based Conference Board said Thursday.
March 20, 2008YRC Chief Says 1Q Earnings May Fall
YRC Worldwide Chief Executive Officer Bill Zollars said the company’s first-quarter earnings will likely be lower than expected, the Associated Press reported.
March 20, 2008Letters to the Editor: SAFER Scores, Fuel Prices, Border Opening
The Opinion column by John Hausladen, “Be Ready to Explain Your SAFER Scores,” is an excellent reminder to fleets about how important the Safety and Fitness Electronic Record System score is — and, how it can be misinterpreted by those uninformed about the industry.
March 19, 2008DOT Says Delay Hits Progress on Several Key Regulations
A recent Transportation Department report said work on several key new regulations has fallen behind schedule, including shorter stopping distance for heavy trucks, safety reviews of new trucking companies, medical certification of drivers and a new registration system.
March 19, 2008Oil Prices Take Biggest Drop Since August
Crude oil prices fell almost $6 a barrel Wednesday following a Department of Energy report that showed crude oil inventories rose last week, Bloomberg reported.
March 19, 2008Forward Air Corp. Completes Acquisition
Forward Air Corp. said Tuesday it closed a deal, first announced last week, to buy transportation firm Pinch Holdings and a related company, AFTCO Enterprises, for an undisclosed sum.
March 18, 2008