Truck stop chain TravelCenters of America lost $9.7 million, or 69 cents per share, in the second quarter, compared with a loss of $6.3 million, or 72 cents, a year ago.
August 12, 2008BusinessLogistics
US1 Industries Reports Lower 2Q Profit
Logistics firm US1 Industries said its second-quarter net income slipped to $813,000, or 6 cents a share, from $1.1 million, or 9 cents, a year ago.
August 12, 2008BusinessTechnology
NYC Plans to Track Vehicles Entering City
New York City is developing a plan to track every vehicle that enters Manhattan to help guard against potential terrorist attacks, the New York Times reported Tuesday.
August 12, 2008FuelBusinessLogisticsGovernment
Diesel Plunges 14.9¢ to $4.353
Diesel fuel’s national average pump price continued to slide Monday, falling 14.9 cents to $4.353 a gallon, the Energy Department said.
August 12, 2008BusinessSafetyGovernment
TSA Reinstates Company Running Clear Program for Registered Travelers
A week after suspending a traveler ID-check program, the Transportation Security Administration has reinstated Verified Identity Pass, the operator of the Clear program, and and said it may resume its Registered Traveler enrollment immediately.
August 12, 2008Business
JDA Software Buys i2 Technologies
JDA Software Group said Monday it will acquire supply chain management firm i2 Technologies for $346 million.
August 11, 2008GovernmentBusinessSafetyFuel
Letters to the Editor: Lower Speed Limits, Biodiesel Defended
More and more, we are hearing that fleets are cutting back truck top speeds to well below the speed limits in order to increase fuel economy. Does everyone understand that time is money?
August 11, 2008FuelBusiness
Green Truck Stop Set in Virginia
A new truck stop opened on U.S. 220 that conducts a “farm-to-fuel†operation by using canola seed to make biodiesel, the Associated Press reported.
August 11, 2008Business
Senate Confirms Madison as FHWA Chief
The Senate has confirmed Thomas Madison to head the Federal Highway Administration.
August 11, 2008BusinessGovernment
Delays Expected for N.J. Weight Permits
Trucking companies in New Jersey are likely to face delays receiving overweight-vehicle permits, beginning Monday, the state’s trucking association said.
August 11, 2008