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Oil Plunges Almost $17 for Week

Oil took its biggest weekly plunge in more than two years this week, falling almost $17 to near $97 a barrel, Bloomberg reported.

May 6, 2011

Tornadoes and Trucking

When we read or watch news reports concerning the devastation caused by natural disasters, we usually are able to relate to the tragedies on a human level.

May 12, 2011

FMCSA Reopens HOS Comment Period for Review of Four New Studies

The Federal Motor Carrier Safety Administration is reopening its hours-of-service proposed rule to public comments in order to allow review of four new studies.

May 9, 2011

Roadrunner Reports Higher 1Q Profit

Roadrunner Transportation Systems reported a first-quarter profit of $4.4 million, or 14 cents a share, up from $940,000, or 5 cents, a year ago.

May 5, 2011

Productivity Slows in First Quarter

U.S. workers’ productivity slowed in the first quarter as employers hired more workers, the Labor Department said Thursday.

May 5, 2011

Jobless Claims Hit Nine-Month High

Initial jobless claims fell last week by the most since August, the Labor Department reported Thursday.

May 5, 2011

Quality’s 1Q Income, Revenue Improve

Tank truck carrier Quality Distribution said its first-quarter profit improved on higher revenue led by stronger intermodal and logistics operations.

May 5, 2011

Xata Reports Smaller Loss in Fiscal 2Q

Transportation software firm Xata Corp. said it lost $781,000, or 7 cents per share, in its fiscal second quarter, compared with a loss of $2.1 million, or 23 cents, a year earlier.

May 5, 2011

Patriot Transportation’s 2Q Profit Rises

Tank and bulk carrier Patriot Transportation Holding’s fiscal second-quarter net income rose to $1.7 million, or 18 cents a share, from $1.4 million, or 15 cents, a year ago.

May 5, 2011

Con-way Posts First-Quarter Profit

Con-way Inc. reported a first-quarter profit compared with a loss a year ago, as its less-than-truckload operations improved.

May 5, 2011