Government

About Government News...

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.

Business, Safety, Government

Performance Transportation Services Emerges From Chapter 11

Automobile carrier Performance Transportation Services said late Monday it emerged from its voluntary Chapter 11 bankruptcy proceeding.

January 30, 2007
Business, Government, Safety, Autonomous

Quality Distribution Lowers Fourth-Quarter Forecast

Tank truck carrier Quality Distribution lowered its earnings guidance for the fourth quarter and full-year 2006, due to lower seasonal demand.

January 29, 2007
Business, Government

Sysco’s Fiscal Second-Quarter Net Income Rises

Food-services provider Sysco Corp. said Monday its fiscal second-quarter net income rose 16% to $236.7 million or 38 cents a share, from $204.2 million or 33 cents a year earlier.

January 29, 2007
Business, Government

Technology Briefs — Jan. 23 - Jan. 29

Prophesy Says Software Sales Increased 40% • Altfuels Face Difficult Economics, Journal Says • Horizon to Use RFID for Alaska Shipments

January 29, 2007
Business, Safety, Government, Autonomous

Truck Tonnage Index Rebounds in December, Rising 3.9%

American Trucking Associations’ advanced seasonally adjusted truck tonnage index jumped 3.9% in December, following a 3.6% downturn in November.

January 26, 2007
Business, Government, Safety

I-90 Reopened in Pennsylvania After 50-Vehicle Crash

State police said wreckage from a 50-vehicle chain-reaction crash was cleared and a 10-mile stretch of Interstate 90 east of Erie, Pa., was reopened shortly after 3 a.m. local time following a big snowstorm, the Associated Press reported.

January 26, 2007
Business, Safety, Government

Swift Reports Lower 4Q Earnings; Full-Year Profit Rises

Truckload carrier Swift Transportation Co. said late Wednesday its fourth-quarter profit fell from a year earlier due to a “soft freight environment.”

January 25, 2007
Business, Government, Safety

Ford Posts Big Losses for Fourth Quarter, Full Year

Ford Motor Co. lost $5.8 billion in the fourth quarter amid slumping sales and huge restructuring costs, pushing the No. 2 U.S. automaker’s s loss for the year to $12.7 billion, the largest in its 103-year history, the Associated Press reported.

January 25, 2007
Business, Safety, Government

Knight Reports Record Fourth-Quarter, ’06 Income, Revenue

Truckload carrier Knight Transportation said late Wednesday that its revenue and income for the fourth quarter and full-year 2006 reached records.

January 24, 2007
Business, Government

Arkansas Best Corp.’s Fourth-Quarter, Full-Year Income Decline

Arkansas Best Corp.’s fourth-quarter net income fell to $14.2 million or 56 cents a share, from $30.2 million or $1.20 a year earlier, the company said Wednesday.

January 24, 2007