Despite some signs of economic recovery, transportation services activity in most regions declined in the six weeks through mid-October, the Federal Reserve said Wednesday.
October 21, 2009Business, Safety, Government
Knight’s 3Q Income Declines
Truckload carrier Knight Transportation’s third-quarter profit fell to $13.1 million, or 16 cents a share, compared with $16 million, or 19 cents, a year ago.
October 21, 2009Business, Fuel, Government
Forward Air’s 3Q Income Declines
Forward Air Corp. said late Wednesday its third-quarter profit fell to $3.8 million, or 13 cents per share, from $12.1 million, or 42 cents, a year ago.
October 21, 2009Business, Safety, Government
Trucking Sluggish in Some Regions, Fed ‘Beige Book’ Says
Business, Safety, Government, Logistics
C.H. Robinson’s 3Q Profit Improves
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a third-quarter profit of $95.5 million, or 57 cents a share, up slightly from $93.6 million, or 54 cents a share, a year ago.
October 21, 2009Business, Government
Arkansas Best Takes 3Q Loss; CEO Davidson to Step Down
Arkansas Best Corp. said Wednesday it took a third-quarter loss and that Chief Executive Officer Robert Davidson will retire at the end of this year, to be succeeded by Judy McReynolds.
October 21, 2009Government, Business, Technology, Equipment, Safety
Company Awarded FMCSA Contract to Screen Drivers
NIC Technologies LLC said Tuesday it has been awarded the contract to oversee the Federal Motor Carrier Safety Administration’s pre-employment screening system for truck and bus drivers.
October 20, 2009Government, Business, Safety
Transport Advocates Optimistic About Road Bill Early Next Year
Transportation officials said they are optimistic Congress still will pass a long-term highway bill in coming months, but the exact timetable could depend on how quickly lawmakers wrap up debate on other legislation.
October 20, 2009Government, Business, Safety
Feds Eye New Hazmat Carrier Regs
Federal regulators plan to offer a new regulation early next year that will prohibit flammable liquids from being transported in unprotected product piping on existing and newly manufactured cargo tank trucks.
October 20, 2009Government
Housing Starts Rise 0.5% in September
Housing starts rose 0.5% in September, while building permits declined, the Commerce Department said Tuesday.
October 20, 2009Business, Government
Producer Price Index Falls in September
Prices paid to U.S. producers fell 0.6% in September, the Labor Department said Tuesday.
October 20, 2009