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.
Rail Freight Slowing in First Quarter, Analyst Says
Union Pacific Railroad has laid off 124 people and cut back hours for 455 more because of lower freight demand, the Associated Press reported, and a market analysis firm Monday lowered its market outlook for the rail sector.
February 26, 2007TransForce Reports Gains in 4Q Income, Revenue
Canadian transportation firm TransForce Income Fund said Monday it earned C$55.1 million or 64 cents a share in the fourth quarter, up from C$35.9 million or 47 cents a year earlier.
February 26, 2007Gasoline Prices Jump 12.8 Cents, Lundberg Survey Says
Gasoline prices jumped almost 13 cents a gallon nationwide in the past two weeks, as the price of crude oil rose, according to the latest Lundberg Survey of filling stations, released Sunday.
February 26, 2007Demand for Cleaner Engines Seen Growing
UNIVERSAL CITY, Calif. — An official with the Chicago Climate Exchange said the demand for cleaner engines and alternative fuels in the United States will increase as membership in its cap-and-trade emission trading system expands.
Technology Briefs — Feb. 21 - Feb. 26
J.J. Keller Develops New Online Tools • ALK Announces Spring Update For CoPilot Live • FedEx Express Deploys Four Hybrids in Denver
February 26, 2007DOT to Allow Mexican Trucks Access to U.S. Highways
EL PASO, Texas — The United States will grant Mexican trucks access to U.S. highways under a pilot program, Transportation Secretary Mary Peters announced here today.
Canada May Pass Law to End CN Railroad Strike
Canadian Labor Minister Jean-Pierre Blackburn introduced legislation Friday to force striking Canadian National Railway Co. employees back to work as early as next week, Bloomberg reported.
February 23, 2007DOT to Begin Audits of Mexican Trucking Companies
Inspectors from the Federal Motor Carrier Safety Administration will travel to Mexico to conduct safety audits on trucking companies interested in hauling cargo to and from the United States, the Department of Transportation said late Thursday.
February 23, 2007Maritime Commission Approves ATA Intermodal Settlement
The Federal Maritime Commission has approved a settlement negotiated between American Trucking Associations’ Intermodal Motor Carriers Conference and an FMC-regulated ocean carrier, ATA said Thursday.
February 22, 2007Morgan Stanley to Buy 80% Interest in Montreal Port
Morgan Stanley said Thursday it plans to acquire an 80% interest in the Port of Montreal, the third-largest container port in North America.
February 22, 2007