The Department of Transportation said Wednesday that its transportation services index for June fell 0.7% from May.
August 8, 2007Transportation Compliance News
Transport Topics government and regulatory coverage keeps managers of a highly-regulated industry aware of the policy decisions that can shape their businesses. Covering both the legislative and regulatory aspects of policy-making, at both the state and national levels, the news in this category includes looks at infrastructure, hours of service, emissions rules, funding measures, leadership appointments, and more. Readers can follow what’s happening in Congress, at the Department of Transportation and the Federal Motor Carrier Administration, and in state and local governments.
TransForce Posts Lower 2Q Profit
Canadian transportation firm TransForce Income Fund said late Wednesday it earned C$26.3 million or 31 cents a share in the first quarter, down from C$34.9 million or 40 cents a year earlier.
August 8, 2007Mullen Group's Profits Sink in Second Quarter
Canadian transportation firm Mullen Group Income Fund said its second-quarter profit plunged 57.3% to C$16.6 million or 21 cents a share, from C$38.9 million or 64 cents a year earlier.
August 8, 2007Transportation Services Index Falls, DOT Says
Pacer's Earnings Decline in 2Q
Transportation and third-party logistics firm Pacer International on Wednesday said its second-quarter net income fell 13.8% to $12.5 million or 34 cents a share, from $14.5 million or 38 cents a year ago.
August 8, 2007Atlas Air’s Second-Quarter Earnings Rise
Air cargo company Atlas Air Worldwide Holdings said Wednesday it earned $43.2 million or $2.01 a share in the second quarter, up from $10.7 million or 51 cents a year ago.
August 8, 2007WSDOT to Close Portions of I-5 North
The Washington Department of Transportation said it is preparing to close a 1.1 mile stretch of Interstate 5, a major highway leading to downtown Seattle, for a 19 day repair project.
August 8, 2007Nerve Agent Waste Transfers Okay to Proceed, Judge Says
A federal judge in Indiana has denied environmentalists' request that he block truck shipments of nerve agent waste from Newport Chemical Deport in the Western portion of the state to an incinerator in Texas, the Associated Press reported.
August 8, 2007CSX Transportation, Kentucky to Cooperate on Rail Security
Freight railroad CSX Transportation said it has entered into an agreement with the state of Kentucky under which state law enforcement officials will be able to track the location of CSX trains and monitor the contents of the carrier’s railcars.
August 8, 2007Diesel Rises 1.2 Cents to $2.898 a Gallon
The national average price of diesel fuel rose to its highest level this year, climbing 1.2 cents to $2.898 a gallon, the Department of Energy reported Monday.
August 7, 2007Editorial: Repairing the HOS Rule
It’s unfortunate that the U.S. Circuit Court of Appeals voted to vacate portions of the newest hours-of-service rule put forth by the Federal Motor Carrier Safety Administration.
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