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.
Universal Truckload's 4Q Earnings Slip
Universal Truckload Services, Warren, Mich., said it earned about $4.8 million, or 30 cents a share in the fourth quarter of 2007, down from $5.3 million, or 33 cents, in the previous quarter.
February 22, 2008Connecticut Adds ‘Truck Escape Ramp’ to Route 44
Connecticut transportation officials announced the completion of a “truck escape ramp” on Route 44.
February 22, 2008Knight Puts 1,000th 2007 Tractor Into Service
Truckload carrier Knight Transportation said it has taken delivery of its 1,000 tractor certified to the Environmental Protection Agency’s 2007 emission standards.
February 21, 2008Leading Indicators Fall for Fourth Consecutive Month
The index of leading economic indicators January fell for the fourth consecutive month, driven down by deterioration in the stock and housing markets, the New York-based Conference Board said Thursday.
February 21, 2008Philadelphia Factory Index Plummets
Manufacturing levels in the Philadelphia region this month fell by the most since February 2001, the Federal Reserve Bank of Philadelphia said Thursday.
February 21, 2008Long Beach Port Officials Approve Emissions Plan
Officials with California’s Port of Long Beach have approved a plan aimed at reducing truck emissions at the port, in spite of objections from drivers, public health advocates, and environmentalists, the Los Angeles Times reported Wednesday.
February 21, 2008Supreme Court Strikes Down Maine Tobacco Law
U.S. Supreme Court justices on Wednesday unanimously struck down a Maine law that would have placed new restrictions on motor carriers delivering tobacco shipments, Bloomberg News reported.
February 20, 2008Contrans to Consolidate Some Van, Flatbed Operations
Canadian transportation firm Contrans Income Fund said it plans to consolidate certain operations of its dry van and flatbed businesses in eastern Canada.
February 20, 2008Diesel Jumps 11.6¢ to $3.396; Oil Closes Over $100 for First Time
The national average pump price of diesel fuel jumped 11.6 cents to $3.396 a gallon, the Department of Energy said Tuesday, while crude oil closed at more than $100 a barrel for the first time ever.
February 20, 2008January CPI Rises 0.4%
The consumer price index rose 0.4% in January, matching an increase in December that was larger than originally reported, the Labor Department said Wednesday.
February 20, 2008