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.

Government, Business

Volvo Reports Loss; Sees ‘Difficult’ 3Q

Volvo AB said Tuesday it lost $725 million, or 36 cents a share, more than analysts’ estimates, and said it was facing a “difficult” third quarter in light of lower truck sales, Bloomberg reported.

July 21, 2009

TT Podcasts: RoadSigns

Volvo's Chayene de Souza and Magnus Gustafson discuss how new, connected trucks can boost business, enhance safety practices, and reinforce preventative maintenance plans.

Business, Fuel, Government

Forward Air’s 2Q Profit Falls

Forward Air Corp.’s second-quarter net income fell to $2.8 million, or 10 cents per share, compared with a profit of $12.1 million, or 42 cents, a year ago.

July 21, 2009
Business, Government

Leading Indicators Rise for Third Month

An index of leading economic indicators rose 0.7% in June, the third consecutive increase, the New York-based Conference Board said Monday.

July 20, 2009
Business, Safety, Government

I-75 Near Detroit Expected to Reopen Monday

A two-mile stretch of Interstate 75 damaged by a fiery explosion last week is expected to reopen Monday, the Detroit Free Press reported.

July 20, 2009
Business, Government, Fuel

Oil Rises to Two-Week High Near $65 a Barrel

Oil prices rose to their highest level in almost two weeks near $65 a barrel, pushed higher by strong equity markets and signs that energy demand in China is rebounding, Bloomberg reported Monday.

July 20, 2009
Business, Government, Safety, Fuel

Navistar Finishes Field Tests On 2010 Engines After 18 Mos.

Navistar Inc. said it has completed 18 months of laboratory and field tests of its “advanced” version of exhaust gas recirculation engine technology that will be used to meet 2010 federal emission requirements.

July 20, 2009
Editorial, Business, Government

Let the Good Times Roll

Now that we’ve had a week to digest the Transport Topics 100 ranking of the largest for-hire carriers in the United States and Canada, it’s clear that our coverage focused as much on the coming silver lining as on the bleak economic reality of 2008 and the first half of 2009.

July 20, 2009
Letters to the Editor, Business, Safety, Fuel, Government

Letters: Early Safety Adopted; Reregulation

Any trucking company that takes the leadership position in safety and in clean air is to be commended. But doing so through high-tech safety and Environmental Protection Agency ventures makes the outcome risky.

July 20, 2009
Business, Government, Technology, Logistics

Crane Leverages Loss of EGL into New Logistics Success

HOUSTON — During the second half of 2007, when the U.S. economy and stock market were at their respective peaks, a colleague of James Crane said he was — for a brief while — bitter and unhappy. But as gross domestic product and the value of stocks, housing and other assets fell dramatically, the smile returned to Crane’s face as he realized the comfort of cash — hundreds of millions of dollars of it.

July 20, 2009
Business, Government, Safety

YRC Deal With Teamsters Expected to Save $870 Million

YRC Worldwide’s latest cost-cutting agreement with the Teamsters is expected to save $870 million over 18 months and help the company regain its financial footing, analysts and company officials said.

July 20, 2009