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.
YRC to Test Hybrid Trucks in Cities
YRC Worldwide will begin testing hybrid trucks this year as part of a corporate commitment to sustainability and said it will save as much as $40 million annually by streamlining its service network to speed up transit times.
July 14, 2008Used Trailer Prices Plummet as Fleets Delay Replacements
Thousands of used trailers are sitting unsold and gathering dust, as freight demand remains tepid and carriers that would typically up-grade their fleets are postponing purchases, spending their money on fuel instead, according to industry experts.
July 14, 2008Insurance Premiums Fall 10% to 50% as New Firms Enter Market
A wave of new insurance companies vying for business from the trucking industry has created an unusual — and welcome — situation: Rates are dropping.
July 14, 2008Industry Urges Bigger Trucks, But Key Lawmaker Has Doubts
WASHINGTON — Representatives of trucking and shippers urged Congress to increase truck size and weight limits, but the chairman of the House transportation committee said he opposed longer combination vehicles and had doubts about raising weight limits.
July 14, 2008Diesel Increases to $4.727 a Gallon
The average retail price of diesel jumped 8.2 cents to $4.727 a gallon last week, more than wiping out the entire 7.8-cent drop in the price of trucking’s main fuel over the previous five weeks, the Department of Energy reported July 7.
July 14, 2008ATA Asks Lawmakers to Take Steps to Lower Fuel Prices
American Trucking Associations asked Congress to implement a comprehensive plan to address the soaring price of diesel fuel and ensures an affordable fuel supply for the nation’s 3.5 million truck drivers.
July 11, 2008DOT Gives Wisconsin $1 Million to Repair Flood-Damaged Roads
The Department of Transportation said Friday it is making $1 million available immediately to Wisconsin to help pay for urgent repairs to roads and bridges damaged by recent floods.
July 11, 2008Consumer Sentiment Index Remains Low
U.S. consumer confidence gained slightly but remained near a 28-year low this month, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
July 11, 2008Import Prices Rise 2.6% in June
The price of goods imported to the United States jumped 2.6% in June, the Labor Department said Friday.
July 11, 2008U.S. Trade Gap Narrows in May
The U.S. trade deficit narrowed by 1.2% in May, as a cheaper U.S. dollar spurred more exports, the Commerce Department said Friday.
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