The Department of Transportation is furloughing nearly 2,000 employees without pay starting Monday and is temporarily shutting down highway reimbursements to states worth hundreds of millions of dollars as a result of a Senate impasse over federal transportation funding.
March 1, 2010Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
House Leaders May Seek ‘Adjustments’ to Senate’s Jobs, Highway Legislation
The U.S. Senate last week passed legislation that would extend current highway legislation and transfer $20 billion to the Highway Trust Fund, but a key legislator reportedly said the Senate bill would not pass the House of Representatives, which already has approved a broader, more expensive measure.
March 1, 2010FMCSA to Allow UCR Fee Collection
The Federal Motor Carrier Safety Administration is set to allow states to collect fees for the Unified Carrier Registration program, despite the fact the agency has yet to finalize what the level and structure of the fees will be for 2010.
March 1, 2010Iowa Biodiesel Mandate Dies in Committee
A proposed 5% biodiesel mandate has died in the Iowa state legislature, the Fort Dodge Messenger reported.
March 1, 2010Cap-and-Trade Opponents Gaining in Senate as EPA Moves on Greenhouse Emissions Rule
While U.S. Environmental Protection Agency Administrator Lisa Jackson indicated last week that her agency was moving forward with plans to regulate greenhouse gas emissions, opposition to a Senate cap-and-trade bill seemed to be gaining enough momentum to block its passage.
March 1, 2010Wal-Mart Pushes Efficiency Among Suppliers
Wal-Mart Stores is pushing its suppliers to be more energy efficient and reduce greenhouse gas emissions by 20 million metric tons by 2015, the Associated Press reported.
March 1, 2010Ryder Enters Asian Logistics Partnership
Ryder System said Monday it has signed a joint venture partnership with Cargo Services Far East Limited, an Asia-based logistics provider specializing in export consolidation services.
March 1, 2010Accuride Emerges from Chapter 11 Bankruptcy
Truck component maker Accuride Corp. said it has successfully completed a reorganization plan and emerged from Chapter 11 bankruptcy after five months.
March 1, 2010Personal Spending Rises
Consumer personal spending rose 0.5 in January, marking the fourth straight increase, the Commerce Department said Monday.
March 1, 2010CSA 2010 Is Coming
The Federal Motor Carrier Safety Administration’s new enforcement plan, Comprehensive Safety Analysis 2010, seems destined to be a major step forward in how the federal government oversees truck fleets and drivers.
March 1, 2010Trending
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