CSX Corp.’s first-quarter profit jumped 30% on higher prices and demand, the railroad said.
April 20, 2011Business
TIA Joins With ATA, OOIDA to Support Broker Surety Bill
In an unusual display of unity, the Transportation Intermediaries Association has joined forces with the two largest trucking trade associations to support anti-fraud legislation that would raise the freight broker surety requirement to $100,000 and require separate broker and carrier licenses.
April 20, 2011BusinessLogistics
Hub Group’s First-Quarter Income Rises
Logistics firm Hub Group’s first-quarter income improved on higher intermodal activity.
April 20, 2011GovernmentBusiness
Bill Would Suspend Deadline for 100% Cargo Scanning
A new Senate bill would suspend the July 2012 deadline for scanning all cargo bound for the United States.
April 19, 2011Business
Paccar’s First-Quarter Income Jumps
Paccar Inc. said Tuesday its first-quarter profit jumped, and the truck manufacturer boosted its forecast for Class 8 North American truck production.
April 19, 2011GovernmentBusinessTechnologyEquipment
FMCSA Seeks Additional Comment on EOBR Rule
The Federal Motor Carrier Safety Administration is seeking additional public comment on its proposed mandatory electronic onboard recorders rule to help the agency ensure that motor carriers do not use the technology to harass or violate the privacy of truck drivers.
April 19, 2011BusinessFuel
Diesel Rises Again, Climbing 2.7¢ to $4.105
Diesel fuel continued its five-month string of weekly increases, climbing 2.7 cents to $4.105 a gallon, the Department of Energy reported.
April 19, 2011Business
Housing Starts Rise 7.2% in March
Housing starts rose 7.2% in March following a big drop in February, the Commerce Department said Tuesday.
April 19, 2011BusinessLogistics
England Logistics Chooses McLeod FMS
Third-party logistics provider England Logistics said Tuesday it has purchased McLeod Software’s Freight Management Solutions application.
April 19, 2011Business
Wright Express Adds Security to Fuel-Tax Reporting System
Wright Express said it has added new security features to its truck-tracking and telematics package intended to prevent abuse of corporate fuel cards and simplify fuel-tax reporting.
April 19, 2011