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Pacer’s 2Q Income Improves

Transportation and third-party logistics firm Pacer International said late Tuesday its second-quarter profit rose 10.4% to $13.8 million, or 40 cents a share, from $12.5 million, or 34 cents, a year ago.

August 5, 2008

C.H. Robinson Worldwide Acquires Canadian Forwarder

Transportation and third-party logistics firm C.H. Robinson Worldwide said Monday it has acquired Transera International Holdings Ltd., a project forwarding company based in Calgary, Alberta, Canada.

August 4, 2008

Diesel Falls 11.5¢ to $4.603

The national average retail price of diesel fell 11.5 cents to $4.603 a gallon last week, the largest one-week drop in nearly two years and the second consecutive weekly decline, the Department of Energy reported.

August 4, 2008

EPA Postpones Decision on Texas Request To Cut National Renewable Fuel Mandate

The Environmental Protection Agency postponed until early August its decision on whether to grant a request from Texas to cut the national renewable fuels mandate in half, citing the huge number of comments EPA has received on the issue, which has pitted livestock growers against grain producers.

July 28, 2008

Hub Group Reports Higher 2Q Earnings

Third-party logistics company and freight broker Hub Group’s second-quarter net income rose to $15 million, or 40 cents a share, from $13.8 million, or 35 cents, a year ago.

July 24, 2008

Union Pacific’s 2Q Profit Jumps 19%

Union Pacific Corp. said Thursday its second-quarter profit rose 19%, on higher demand for agricultural transportation.

July 24, 2008

C.H. Robinson’s 2Q Profit Improves

Transportation and third-party logistics firm C.H. Robinson Worldwide said its second-quarter profit rose to $90.4 million, or 52 cents a share, from $82.3 million, or 47 cents, a year ago.

July 22, 2008

NHTSA Chief Nicole Nason to Step Down in August

Nicole Nason, administrator of the National Highway Traffic Safety Administration, told Transportation Secretary Mary Peters she plans to leave the agency in August, the Associated Press reported.

July 17, 2008

Port of Los Angeles Opens Third TWIC Signup Center

To boost lagging enrollments in the Transportation Worker Identification Credential program at Southern California ports, the Port of Los Angeles has opened a new enrollment center close to the adjacent Port of Long Beach.

July 15, 2008

Editorial: 21st Century Truck Partnership Woes

It is disappointing to see that the 21st Century Truck Partnership is foundering, the victim of insufficient funding and questionable research priorities, according to a new report from the National Academy of Sciences.

July 14, 2008