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.
Diesel Drops 2.6¢ to $2.851
The national average price of retail diesel fuel fell for the first time in a month, dropping 2.6 cents to $2.851 a gallon, the Energy Department said Monday.
April 24, 2007Truckers Concerned on New Engines’ Mileage, Journal Reports
Trucking companies are concerned that new emissions rules in effect this year are hurting mileage and their bottom lines, the Wall Street Journal reported Tuesday.
April 24, 2007TransForce’s Income Dips
Canadian transportation firm TransForce Income Fund said Tuesday it earned C$20.9 million or 24 cents a share in the first quarter, down from C$22.1 million or 27 cents a year earlier.
April 24, 2007Forward Air’s Profit Dips
Forward Air Corp., a contractor to the air cargo industry, said its first-quarter profit slipped by 6% to $10.3 million or 34 cents a share, from $11 million or 35 cents a year ago.
April 24, 2007Home Sales, Consumer Confidence Decline
Existing home sales fell to a four-year low and consumer confidence declined to an eight-month low, two groups reported Tuesday.
April 24, 2007Technology Briefs — April 17 - April 23
Gasoline Prices Rise 8 Cents
Gasoline prices rose more than 8 cents across the country in the past two weeks to $2.87 a gallon, according to the latest Lundberg Survey of filling stations.
April 23, 2007Calif. Idling Rule to Cause Cost Increases, Execs Say
Clarification
Daimler Sees Truck Sales Rebounding by ’09
DaimlerChrysler AG expects U.S. sales of heavy-duty trucks to recover to last year’s level by 2009 after falling more than 40% this year, Bloomberg reported.
April 23, 2007