transportation News Updates

GovernmentBusiness

FTA’s Rogoff Named Acting Undersecretary at DOT

Federal Transit Administrator Peter Rogoff is filling the position of undersecretary for policy at the U.S. Department of Transportation on an acting basis, Bloomberg News reported.

January 24, 2014
Business

Freight Shippers Want Predictability, Researchers Say

WASHINGTON — People who study shippers said senders and receivers of freight want predictability — even as the economy and technology change rapidly.

January 15, 2014
Business

DOT’s Foxx, Ferro Among Featured Speakers at Transportation Research Board’s Meeting

Transportation Secretary Anthony Foxx and Anne Ferro, head of the Federal Motor Carrier Safety Administration, are scheduled to address at the Transportation Research Board annual meeting later this month.

January 6, 2014
GovernmentBusiness

Trottenberg Leaves DOT for NYC Post

Polly Trottenberg, undersecretary for policy at the U.S. Department of Transportation, will leave that post to become New York City’s transportation  commissioner under new Mayor Bill de Blasio.

January 2, 2014
Business

P.A.M.’s Third-Quarter Profit Improves

P.A.M. Transportation Services said its third-quarter net income more than doubled from a year ago.

October 25, 2013
Business

Knight Adds Profit Warning On Eve of Earnings Season

Some prominent truckload fleets will report weak third-quarter earnings in part because of lost productivity related to the hours-of-service rule change that took effect July 1, company officials and analysts said.    

October 14, 2013
Business

TMC Transportation to Be Employee-Owned

TMC Transportation, based in Des Moines, Iowa, said it will distribute an unspecified amount of stock in the company to its 2,500 employees as part of a transition to employee ownership.

October 10, 2013
Business

Knight Raises USA Truck Holdings To Bolster Its Takeover Proposal

Knight Transportation Inc. stepped up its unsolicited takeover bid for USA Truck Inc. last week, a move analysts said illustrates the growing interest in acquisitions among well-capitalized fleets.

October 7, 2013
GovernmentBusiness

Highway Programs Continue Despite Government Shutdown

Highway construction and safety programs will remain operational despite most federal government functions shutting down Oct. 1 after legislators failed to agree on a measure to fund the government, the Department of Transportation said.

October 2, 2013
GovernmentBusiness

Foxx Names Former Facebook Exec as His Chief of Staff

Transportation Secretary Anthony Foxx has named former Facebook executive Sarah Feinberg as his chief of staff.

August 29, 2013