Transportation and third-party logistics firm Pacer International’s first-quarter profit rose to $14.3 million, or 41 cents a share, from $7.8 million, or 21 cents, a year ago, the company said.
May 6, 2008Search
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Oil Soars Past $122; Regulators Considering More Oversight
With oil soaring to new records — crude surged past $122 a barrel on Tuesday for the first time — federal regulators are considering stricter regulation of the oil industry, the Wall Street Journal reported Tuesday.
May 6, 2008Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Mullen’s 1Q Income Declines; Truck Segment Improves
Canadian transportation firm Mullen Group Income Fund’s first-quarter profit fell but its trucking and logistics unit’s performance improved, the company said late Monday.
May 6, 2008Letters to the Editor: Idling, Govt. and Fuel, Owner-Operators, Time for Protest
Your front-page article April 7 about auxiliary power units possibly saving on fuel quoted an APU maker’s spokesman who stated (like many others I have seen) that idling truck engines use up to 1.8 gallons of fuel an hour.
May 6, 2008DOT Secretary Peters Launches Blog
Transportation Secretary Mary Peters has launched a blog at DOT, called the Fast Lane.
April 30, 2008ISM Services Index Expands
The U.S. economy’s service showed expansion last month, the Institute for Supply Management said Monday.
May 5, 2008Auto Industry Seeks States’ Support on Emissions Rules
The automobile industry is focusing on state lawmakers in an effort to head off any plans to regulate greenhouse-gas emissions similarly to California, the Wall Street Journal reported Monday.
May 5, 2008Wash. State Survey Highlights Truck-Parking Safety Concerns
The Washington State Department of Transportation said the respondents to its truck parking survey said overwhelmingly that there were not enough parking for trucks in the state, and were concerned about safe parking.
May 7, 2008Complex Engines Can Help Dealer Profits, ATD Says
GRAPEVINE, Texas — The increasing complexity of diesel engines represents a major opportunity for profitability in dealership maintenance shops, said the departing chairman of American Truck Dealers.
May 5, 2008Fuel Cards Offer New Services as Competition Intensifies
Competition among fuel-card providers to keep major fleets is intensifying as carriers seek to mitigate the $4-a-gallon cost of fuel by paying closer attention to how it’s purchased.
May 5, 2008