Roadrunner Transportation Systems reported higher fourth-quarter and full-year profits as truckload revenue surged.
February 9, 2012GovernmentBusinessSafety
Vitran’s Fourth-Quarter Loss Narrows
Vitran Corp. on Wednesday said its losses for the fourth quarter and full year both declined from a year ago.
February 8, 2012BusinessFuelGovernment
Forward Air’s 4Q Income Rises
Forward Air Corp. said late Tuesday its fourth-quarter net income rose to $14.4 million, or 50 cents per share, from $11.8 million, or 41 cents, a year earlier.
February 8, 2012Government
Senate Passes 4-Year FAA Bill After Five Years of Wrangling
The Senate has passed a long-awaited reauthorization bill for the Federal Aviation Administration, avoiding another shutdown like the one that occurred last summer.
February 7, 2012Government
EPA Funds Available for Drayage Retrofits at Port of Baltimore
The Port of Baltimore is offering short-haul drayage operators and owners who scrap their older engine models up to $20,000 each toward the cost of a Class 8 vehicle that meets or exceeds the 2007 EPA emission certified engine standard.
February 7, 2012Government
Maryland May Apply 6% Sales Tax to All Diesel, Gasoline Purchases
Maryland Gov. Martin O’Malley is poised, perhaps as early as this week, to send lawmakers a plan to apply the state’s 6% sales tax to diesel and gasoline purchases.
February 7, 2012BusinessSafetyGovernmentAutonomous
House Panel Drops Big-Truck Plan
Provisions that would have allowed states to permit larger, heavier trucks on interstate highways were voted down last week, just days after the highway reauthorization bill containing the measures was introduced in the House of Representatives.
February 6, 2012Government
ISM Services Index Jumps in January
An index of the U.S. economy’s service sector rose in January at the fastest pace in nearly a year, the Institute for Supply Management said Friday.
February 3, 2012BusinessGovernment
ISM Manufacturing Index Hits 7-Month High
January U.S. manufacturing activity rose to the highest level since June, the Institute for Supply Management said Wednesday.
February 1, 2012GovernmentBusiness
NAFTA Surface Trade Rises 12.7%
Surface trade among the United States, Canada and Mexico rose 12.7% in November from a year ago, the Department of Transportation said.
January 31, 2012