Transportation Compliance 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.
Diesel Falls 0.4 Cent to $2.681; Decline Is First in Seven Weeks
Following six straight weekly increases, the average national price of retail diesel fuel dipped 0.4 cent to $2.681 a gallon, the Department of Energy reported Monday.
March 20, 2007Volvo’s January-February Truck Sales Drop 13%
Truck maker Volvo AB said its sales for the first two months of the year fell 13%, as U.S. deliveries plunged following new emissions standards that boosted truck prices, Bloomberg reported Tuesday.
March 20, 2007Housing Starts Climb 9% in February
New housing starts jumped 9% in February, following a slump in January, the Commerce Department reported Tuesday.
March 20, 2007US 1 Reports Improved Fourth-Quarter Profit
US 1 Industries’ fourth-quarter income was $1.4 million or 11 cents a share, compared with $600,000 or 5 cents a year earlier.
March 20, 2007EGL to Be Sold to CEO, Investor Groups for $1.7 Billion
Transportation firm EGL Inc. said Monday it has signed a definitive merger agreement under which EGL Chairman and Chief Executive Officer James Crane and two investment firms will buy the firm for $38 per share, or about $1.7 billion.
March 19, 2007ODFL Boosting Rate by 5.1%; Sets New U.S.-China Service
Less-than-truckload carrier Old Dominion Freight Line said it would raise its base rates by about 5.1%, effective next Monday.
March 19, 2007E&MU: Could Gasoline Overtake Diesel as Power of Choice?
For decades, diesel engines — prized for their durability and pulling power — have dominated broad segments of the heavy truck and equipment markets. As gasoline prices rose in the 1970s, diesels made quick inroads in light-duty markets as well.
March 19, 2007Opinion: The Upside of the EOBR Proposal
The Federal Motor Carrier Safety Administration’s recently proposed rule mandating the use of electronic onboard recorders for habitual violators of federal hours-of-service regulations has set in motion an industrywide discussion about the plan’s merits.
March 19, 2007Fuel-Economy Bill Could Boost Truck Weights
WASHINGTON — Legislation proposed last week could allow federal weight limits for trucks to rise to 97,000 pounds and for the first time set fuel-efficiency standards for trucks.
March 19, 2007Senate Fuel-Economy Bill Could Boost Weights
WASHINGTON — Legislation proposed last week could allow federal weight limits for trucks to rise to 97,000 pounds and for the first time set fuel-efficiency standards for trucks.
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