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.
Air Cargo Shipments Decline in December, Rise for Year
Air cargo shipments fell in December, led by a decline in domestic shipments, but they climbed for the year, the Air Transport Association said Friday.
February 2, 2007Factory Orders Jump 2.4% in December
Factory orders jumped 2.4% in December on higher demand for business equipment, motor vehicles and aircraft, the Commerce Department said Friday.
February 2, 2007Michigan Consumer Sentiment Index Hits Two-Year High
U.S. consumer confidence rose to a two-year high in January, according to the University of Michigan’s monthly consumer sentiment index released said Friday.
February 2, 2007Patriot Transportation’s Fiscal 1Q Income Improves
Patriot Transportation Holding reported net income of $2.2 million or 69 cents a share for its fiscal first quarter, up from $1.9 million or 62 cents a year earlier.
February 2, 2007Florida Storms Cause Accidents, Wreak Havoc in State
Big thunderstorms and tornadoes blew through central Florida Friday, killing as many as 19 people and causing accidents on interstates, including one that tossed a tractor-trailer airborne, news reports said.
February 2, 2007Saia Buys Wisconsin LTL Carrier for $2.5 Million
Less-than-truckload carrier Saia Inc. said Thursday it has acquired Wisconsin-based LTL company Madison Freight Systems for about $2.5 million.
February 1, 2007Canadian For-Hire Companies’ Revenue Rose in 2Q ’06
There were an estimated 3,336 for-hire trucking companies based in Canada with annual revenues of $1 million or more in the second quarter of 2006, almost unchanged from the same quarter in 2005, Statistics Canada said Thursday.
February 1, 2007ISM Manufacturing Index Shows Contraction in January
The Institute for Supply Management’s January manufacturing index showed a contraction, as factories reined in orders to trim inventories, ISM said Thursday.
February 1, 2007Personal Spending Rises 0.7% in December
Consumer personal spending rose in December by the most in five months and personal incomes also rose, the Commerce Department said Thursday.
February 1, 2007Truck Suppliers See Obstacles in Push for ‘World’ Vehicle
LAS VEGAS — Leading heavy-duty truck components manufacturers said technology exists today to build a safer, environmentally friendly and low-cost heavy-duty “world truck,” but major obstacles are consumer acceptance and the lack of a single global standard for emissions and safety technology.
