Covenant Transportation Group Inc. said it expects fourth-quarter 2013 net income of 18 cents to 22 cents a share, compared with 10 cents a share in the previous year’s quarter.
January 15, 2014Business, Government
Consumer Price Index Rises by Most in Six Months
Consumer prices increased by the most in six months in December, the Labor Department reported Jan. 16.
January 16, 2014Government
Foxx Starts Highway Trust Fund Ticker
Transportation Secretary Anthony Foxx said his department started posting a Highway Trust Fund Ticker on Jan. 15 that will tell all Americans monthly how much money is left in the reservoir that funds many U.S. road and bridge projects.
January 15, 2014Business, Safety, Government
Covenant Expects Higher 4Q Earnings
Business, Safety, Government, Autonomous
Con-way’s Shewchuk Named Chairman of ATA Security Committee
American Trucking Associations appointed Curtis Shewchuk of Con-way Inc. as chairman of the group’s ºÚÁϳԹÏÍøland Security Policy Committee, ATA said Jan. 14.
January 15, 2014Government
American Economy Depends on Long-Term Highway Law, Advocates Tell Panel
WASHINGTON — The American economy is depending on Congress to pass a long-term, financially stable transportation bill this year, business, labor, state and city officials said at the first in a series of hearings this year on how to pay for improvements to highways, ports and other infrastructure.
January 14, 2014Government
ELD, Drug and Alcohol Clearinghouse Proposals Imminent, Ferro Says
WASHINGTON – The Federal Motor Carrier Safety Administration is close to releasing proposals to require electronic logging devices in all trucks and to establish a clearinghouse of positive drug and alcohol tests for truck drivers, Administrator Anne Ferro said.
January 14, 2014Government
Cuomo Signs N.Y. Contractor Bill
New York Gov. Andrew Cuomo has signed the private contractor bill, supported by the state’s trucking industry, but changes were made in scope and timeline.
January 14, 2014Government
Bus Companies Talk to FMCSA About Testing Rule
Bus operators told FMCSA at a listening session they endorse knowledge testing for new industry entrants, they want the new rules to be simple and that they want the tests to be targeted to specific types of companies.
January 14, 2014Government
Supreme Court Denies OOIDA Request for Mexican Pilot Hearing
Justices on the U.S. Supreme Court said they will not hear an appeal requested by the Owner-Operator Independent Drivers Association challenging the legality of the pilot program allowing some Mexican trucks to operate in the United States.
January 13, 2014Government
Congressman Proposes 1% Freight Fee to Fund Infrastructure
A Democratic congressman from Washington introduced a bill that would create federal grants to fund freight infrastructure, and fund the grants through a dedicated 1% fee on shipping.
January 13, 2014