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P.A.M. Reports $2.4 Million Second-Quarter Loss

Truckload carrier P.A.M. Transportation Services reported a second-quarter loss of $2.4 million, or 25 cents per share, compared with a loss of $1.3 million, or 14 cents, a year ago.

July 31, 2009

Intermec’s Fourth-Quarter Profit Declines

Supply chain technology firm Intermec Inc. reported a second-quarter loss of $6.5 million, or 11 cents a share, down from a profit of $7.7 million, or 13 cents, a year ago.

July 31, 2009

Second-Quarter GDP Contracts 1%

The U.S. economy contracted at an annual rate of 1% in the second quarter after the worst contraction in 27 years, the Commerce Department said Friday.

July 31, 2009

Letters: Reregulation (cont.), Climate Change

I differ from the “Reregulation, Please” letter writer’s view that small carriers are offering transport service prices that are too cheap. Yes, there are some shoestring trucking operations hauling for very low freight rates, but there also are large carriers doing the same.

August 3, 2009

Stopping Short

There were no surprises in the new federal rule designed to improve the braking power of a standard, fully loaded, tractor-trailer by almost one-third.

August 3, 2009

Navistar Says 2010 Models Up $6,000-$8,000

Navistar Inc.’s 2010-compliant engines will sell for $6,000 to $8,000 more than its previous generation of engines, the company said last week.

August 3, 2009

YRC Posts $255 Million 2Q Loss

YRC Worldwide’s $255 million second-quarter loss reported July 30 capped a generally miserable round of earnings reports for publicly traded carriers pounded by falling rates and tonnage.

August 3, 2009

Congress Reaches Late Deal on Highway Trust Fund Fix

The House moved quickly last week to shift $7 billion to the nearly depleted Highway Trust Fund, and the Senate followed suit, although Senate leaders continued to advocate for extending current highway legislation for 18 months.

August 3, 2009

Texting Top Driver Distraction, New Va. Tech Study Finds

Truckers who text from the driver’s seat are about 23 times more likely to have a crash, or at least a close encounter, than are drivers who are watching the road, according to a Virginia university study for the Federal Motor Carrier Safety Administration.

August 3, 2009

Plunge in Intermodal Business Dampens Freight Railroads’ Earnings for 2nd Quarter

A sharp drop in intermodal business helped to drag down second-quarter earnings for the largest North American railroads.

August 3, 2009