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, Fuel

Oil Hits 17-Month Low Near $60 a Barrel

With world financial markets in turmoil, the price of crude oil continued to tumble, reaching a 17-month low below $62 a barrel, Bloomberg reported Monday.

October 27, 2008

TT Podcasts: RoadSigns

Meghann Erhart of Relay Payments shares ways to prevent falling prey to fuel card skimming.

Business, Government, Safety

LTL Earnings Sag in 3Q; Carriers See Weaker Demand

Publicly traded less-than-truckload carriers generally posted lower earnings in the third quarter, with several fleets warning that freight volumes would get worse as the fourth quarter unfolds.

October 27, 2008
Business, Government

Profits Jump at Largest Railroads Despite Drop in Freight Traffic

North America’s five biggest railroads flexed their pricing muscles to earn $2.85 billion in the third quarter, raising revenue per shipment 20% despite lower freight traffic.

October 27, 2008
Government, Business, Fuel, Logistics

Fuel Prices Continue Slide

The national average price of diesel fuel fell another 17.7 cents to $3.482 a gallon last week, the lowest level since mid-February, the Department of Energy reported.

October 27, 2008
Business, Safety, Government

DOT Sets $679 Million for Road Repairs

The Department of Transportation is making $679 million available to states to cover costs incurred to repair roads and bridges damaged by “a variety of natural emergencies and catastrophic events.”

October 24, 2008
Business, Safety, Government

Knight Reports Higher 3Q Earnings

Truckload carrier Knight Transportation’s third-quarter profit rose to $16.1 million, or 19 cents a share, from $14.5 million, or 17 cents, a year ago.

October 22, 2008
Government, Business, Safety

Rush Enterprises’ 3Q Earnings Fall

Truck dealership Rush Enterprises’ third-quarter net income fell to $8 million, or 21 cents a share, down from $13.1 million, or 34 cents, a year ago.

October 22, 2008
Business, Safety, Government

View of Safety Technology Must Change Before Use Grows, Fleet Executives Say

NEW ORLEANS — Fleet executives said that despite the benefits of using safety technology, attitudes within the industry need to change in order to have wider acceptance.

October 22, 2008
Business, Government

Arkansas Best’s 3Q Income Slips

Arkansas Best Corp.’s third-quarter net income fell to $15.4 million, or 61 cents a share, from $18.9 million, or 75 cents, a year ago.

October 22, 2008
Business, Safety, Government, Logistics

C.H. Robinson Reports Higher 3Q Income

Transportation and third-party logistics firm C.H. Robinson Worldwide said its third-quarter profit rose to $93.6 million, or 54 cents a share, from $83.7 million, or 48 cents, a year ago.

October 21, 2008