Transportation Compliance News

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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.

Business, Safety, Government

TTNews.com to Close for Christmas Holiday

Transport Topics Online will be closed Thursday and Friday for the Christmas holiday. Please check back on Monday, Dec. 28, for the latest trucking and freight transportation news.

December 23, 2008
Fuel, Business, Logistics, Government

Diesel Drops 5.6¢ to $2.366; Gasoline’s Decline Slows

The national average price of diesel fuel fell 5.6 cents to $2.366 a gallon, while gasoline’s decline slowed to less than a penny, the Department of Energy reported Monday.

December 23, 2008
Business, Logistics, Government, Technology, Equipment, Safety

Ryder Completes Logistics Acquisition

Ryder System said Tuesday it has completed its acquisition of a Canadian logistics firm with operations in China.

December 23, 2008
Government, Business

Third-Quarter GDP Fell 0.5%, Commerce Says

The U.S. economy contracted 0.5% in the third quarter, the Commerce Department said Tuesday in its final of three estimates.

December 23, 2008
Business, Logistics, Government

New, Existing °®¶¹´«Ã½ Sales Decline In November

Sales of both existing and new homes fell in November, the National Association of Realtors and the Commerce Department said Tuesday.

December 23, 2008
Business, Government

Consumer Confidence Improves in December

U.S. consumer confidence improved this month from its lowest level in 28 years, according to the Reuters/University of Michigan’s preliminary monthly consumer sentiment index released Tuesday.

December 23, 2008
Business, Government

Flying J Files for Bankruptcy

Truck stop chain Flying J Inc. said Monday it has filed for Chapter 11 bankruptcy reorganization, “to address near-term liquidity needs brought about by the precipitous decline in oil prices coupled with the disruption in the credit markets.â€

December 22, 2008
Business, Safety, Government

DOT Signs I-95 Congestion-Relief Agreement

The Department of Transportation and the I-95 corridor coalition signed an agreement earlier this month to help relieve congestion on Interstate 95.

December 22, 2008
Business, Fuel, Government

FedEx Delays Delivery of Air Freighters

FedEx Corp. has delayed delivery of some Boeing Co. 777 freighter planes by as long as 17 months, due to a lag in shipments demand, Bloomberg reported.

December 22, 2008
Government, Business, Safety, Fuel

Fuel Prices, Recession Make Grim Year for Trucking Industry

The world of trucking was turned upside down and shaken like a snow globe during 2008.

December 22, 2008