Intermodal rail traffic fell 18.8% last week compared with the same week last year, the Association of American Railroads said.
July 24, 2009BusinessSafetyGovernment
Dems Still Split on Funding of Nation’s Highway Needs
WASHINGTON — Congressional Democrats continued to spar over how best to address the nation’s road transportation needs, as the Senate and House moved on opposing paths.
July 27, 2009BusinessGovernmentSafetyFuel
Diesel Drops 4.6¢ to $2.496 in 4th Straight Weekly Decline
U.S. retail diesel prices dropped 4.6 cents last week to $2.496 a gallon, the Department of Energy reported — the fourth straight decline — but rising crude oil costs will soon lead to a reversal of that trend, a department analyst predicted.
July 27, 2009BusinessSafetyGovernment
Oberstar ‘Troubled’ by Wetlines Warning
House Transportation Committee Chairman James Oberstar (D-Minn.) said he was “deeply troubled†over a claim by truck safety inspectors that proposed legislation requiring the purging of flammable materials from tanker wetlines would be “difficult, if not impossible,†to enforce.
July 27, 2009BusinessSafety
ATA Joins Industry Group on Contractor Law to Protect Owner-Operator Business Model
Concern about the possibility of legislative threats to the use of owner-operators has led American Trucking Associations to join a Washington, D.C., lobbying group.
July 27, 2009GovernmentBusinessSafety
BNSF’s 2Q Income Improves Despite Lower Volume
Burlington Northern Santa Fe Corp. said its second-quarter profit improved but its revenue fell on lower overall freight demand.
July 23, 2009BusinessSafetyGovernmentLogistics
TransForce Reports Lower 2Q Income
Canadian transportation firm TransForce Inc. said its second-quarter net income fell to C$18 million, or 21 cents a share, from C$19.3 million, or 22 cents, a year ago.
July 23, 2009BusinessTechnologyEquipmentSafety
Ryder’s Second-Quarter Income Drops
Ryder System said Thursday its second-quarter profit fell to $22.9 million, or 41 cents a share, from $62.9 million, or $1.09, a year earlier.
July 23, 2009GovernmentBusinessSafety
Vitran’s Second-Quarter Profit Declines
Vitran Corp. said Thursday its second-quarter income fell to $400,000, or 3 cents a share, compared with $4.6 million, or 34 cents, a year ago.
July 23, 2009BusinessSafetyGovernment
Knight’s 2Q Income Flat from a Year Ago
Truckload carrier Knight Transportation’s second-quarter profit was about even with a year ago at $12.6 million, or 15 cents a share, compared with last year’s $12.7 million, or 15 cents.
July 22, 2009