New Century Transportation Inc. has filed for bankruptcy, and the less-than-truckload and truckload carrier intends to sell its assets after closing its doors earlier this week.
June 12, 2014Government
T&I Panel Hosts P3s Roundtable June 16
The House Transportation and Infrastructure Committee’s Panel on Public-Private Partnerships will hold a round table June 16 in New York City to explore the role financial institutions can have in infrastructure development projects.
June 12, 2014GovernmentBusiness
DeFazio Introduces Bill to Replace Gas Tax with Barrel Tax on Oil
WASHINGTON — Rep. Peter DeFazio (D-Ore.) has introduced a bill to replace the gasoline tax with a barrel tax on oil, eliminate the sales tax on truck tires, and index the diesel tax to inflation.
June 12, 2014GovernmentBusiness
Newton Promoted by Arkansas Trucking Association
The Arkansas Trucking Association said June 11 it has promoted Shannon Newton to be its new president.
June 12, 2014GovernmentBusiness
Feinstein Emboldened by Wal-Mart Crash to Fight HOS Suspension Provision
Sen. Dianne Feinstein (D-Calif.) said she would “continue to fight” provisions in a fiscal 2015 transportation funding bill that would suspend for one year changes to the hours-of-service restart provision implemented last year by federal truck safety regulators.
June 11, 2014GovernmentBusinessSafety
Key Senator To Support Short-Term Highway Trust Fund Fix
At a hearing considering the nominations of two senior Department of Transportation officials June 11, Sen. John Thune (R-S.D.) said he would support a short-term legislative fix prior to the August congressional recess that would shore up a depleted federal highway account.
June 11, 2014GovernmentBusiness
NTSB: I-5 Bridge Collapse Driver Complied With HOS Rules
A review of a logbook kept by the truck driver who struck a bridge in Washington state in 2013 found no violations of federal hours-of-service rules, according to documents released June 11 by federal transportation safety investigators.
June 11, 2014GovernmentBusiness
Graves, ATA Respond on Turnpike Fatality
In the wake of a much-publicized turnpike crash in New Jersey involving a truck and TV celebrity, ATA President Bill Graves appeared on NPR and CNN; he also wrote an opinion piece in USA TODAY today discussing the hours-of-service rules for truck drivers and trends in highway safety.
June 11, 2014GovernmentBusiness
House OKs Transportation Bill, Opposes Raising Insurance Requirements for Truck Companies
Despite Democrats’ objections over the bill’s proposed funding for infrastructure grant programs, the GOP-led House on June 10 narrowly passed a fiscal 2015 transportation funding bill 229-192.
June 10, 2014GovernmentBusiness
Commerce Committee to Hold DOT Nominations Hearing June 11
Senators are likely to press two senior Department of Transportation officials on highway funding, safety and freight policy when a committee considers their nominations June 11 for top jobs at the department.
June 10, 2014