Ryder System said late Wednesday it will acquire Philadelphia-based Gordon Truck Leasing. Terms were not disclosed.
August 7, 2008Business
Jobless Claims Reach Six-Year High
Initial jobless claims rose last week to the highest level in six years, the Labor Department said Thursday.
August 7, 2008Business, Technology, Equipment, Safety
Ryder to Acquire Gordon Truck Leasing
Business
Express-1 Reports Higher 2Q Earnings
Express-1 Expedited Solutions said Thursday its second-quarter earnings rose to $774,000, or 3 cents a share, from $754,000, or 2 cents, a year ago.
August 7, 2008Business
Postal Service Reports $1.1 Billion 3Q Loss
The U.S. Postal Service Wednesday reported a third-quarter loss of $1.1 billion, citing the ongoing U.S. economic slowdown.
August 6, 2008Business, Logistics
Contrans’ Second-Quarter Income Improves
Canadian firm Contrans Income Fund’s second-quarter income rose compared with a year ago, due largely to a big income tax charge in the previous second quarter.
August 6, 2008Government, Business, Safety
Oberstar Blasts FMCSA for Slow Pace on Drivers’ Medical Certifications
WASHINGTON — On the heels of a report criticizing the federal government’s efforts to ensure that truck drivers are medically qualified, the House transportation committee’s chairman blasted the top truck safety agency for not living up to its mission and for dragging its feet on the health issue.
August 6, 2008Business, Safety, Government, Fuel
Letters to the Editor: Op-Ed Responses, No to Bigger Trucks, Highway Funding, Slow-Pay Blues, Saving on Fuel
In an injury crash, a drug and alcohol test is required only if the driver receives a citation and the injury is treated immediately, away from the scene of the accident.
August 6, 2008Business, Safety, Government
Xata’s Third-Quarter Loss Narrows
Transportation software firm Xata Corp. said Wednesday it lost $712,000, or 8 cents a share, in its fiscal third quarter, compared with a loss of $1.6 million, or 21 cents, a year ago.
August 6, 2008Government, Business, Safety
Oil Rises to $120 in Early Trading
Oil prices rose to $120 a barrel in early trading Wednesday, a day after falling more than $2 to below that level, Bloomberg reported.
August 6, 2008Business, Safety
ATA Seeks Nominations for Mike Russell Trucking Image Award
American Trucking Associations is seeking nominations for the second annual Mike Russell “Good stuff” Trucking Image Award.
August 6, 2008