Transportation Compliance News

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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.

BusinessGovernment

Fed ‘Beige Book’ Cites Difficult Economy

U.S. economic activity remained generally weak in June and early July, and several regions reported trucking companies were having a hard time recouping higher costs, the Federal Reserve said Wednesday.

July 23, 2008
BusinessSafetyGovernment

Senate Committee Approves Amendment Aimed at Halting Mexico Trucking Program

The Senate Appropriations Committee approved an amendment to the Department of Transportation’s fiscal 2009 budget aimed at halting the U.S.-Mexico trucking pilot program.

July 23, 2008
BusinessGovernment

Arkansas Best’s 2Q Income Declines

Arkansas Best Corp. said Wednesday its second-quarter profit fell 17% to $16.2 million, or 64 cents a share, from $19.6 million, or 78 cents, a year ago.

July 23, 2008
GovernmentBusinessSafety

Letters to the Editor: Adding Truck Weight, Carrier Failures, Peters on Gas Tax

The EPA has mandated equipment on our trucks, which adds weight. Why not allow the carriers the chance to recoup the payload?

July 23, 2008
GovernmentBusinessSafety

Vitran Reports Lower 2Q Income

Vitran Corp. said Wednesday its second-quarter profit fell 16% to $4.6 million, or 34 cents a share, from $5.5 million, or 41 cents, a year earlier.

July 23, 2008
BusinessFuelGovernmentLogistics

Norfolk Southern’s 2Q Income Rises 15%

Eastern freight railroad Norfolk Southern Corp. said its second-quarter profit rose 15%, as higher revenue per shipment offset an overall drop in traffic and record fuel prices.

July 23, 2008
BusinessSafetyGovernmentLogistics

C.H. Robinson’s 2Q Profit Improves

Transportation and third-party logistics firm C.H. Robinson Worldwide said its second-quarter profit rose to $90.4 million, or 52 cents a share, from $82.3 million, or 47 cents, a year ago.

July 22, 2008
FuelBusinessLogisticsGovernment

Diesel Falls 4.6¢ to $4.718 a Gallon

Diesel fuel’s national average pump price fell by the most in six months, dropping 4.6 cents to $4.718 a gallon, the Department of Energy reported.

July 22, 2008
GovernmentBusinessSafety

Caterpillar’s 2Q Income Jumps on International Demand

Heavy equipment and diesel engine maker Caterpillar Inc. said Tuesday its second-quarter profit rose 34%, led by international demand.

July 22, 2008
GovernmentBusinessSafety

Canada’s Two Largest Railroads Report Lower Income

Canada’s two biggest freight railroads reported downturns in their second-quarter profits, Bloomberg reported.

July 22, 2008

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