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Patriot Reports First-Quarter Loss

Patriot Transportation Holding took a fiscal first-quarter loss of $139,000 or 5 cents a share, compared with net income of $2.2 million or 69 cents a year earlier.

February 6, 2008

Volvo’s N. American Sales Decline

Volvo AB said its fourth-quarter net income rose, led mostly by increased business in Eastern Europe that offset a slump in North American sales, Bloomberg reported Wednesday.

February 6, 2008

R.I. Checking Bridges in Inspections Program

Rhode Island transportation officials are checking the designs of 15 bridges in the state for a flaw that may have contributed to a fatal bridge collapse in Minneapolis last August, the Associated Press reported.

February 4, 2008

States Implementing Safety Measures as Federal Govt. Enforcement Lags

ATLANTA — Several states are planning or have approved motor carrier safety and environmental measures because federal regulators have failed to enforce their own regulations, a prominent transportation lawyer said in an update on regulatory and legislative matters at SMC3’s recent winter conference here.

February 6, 2008

PHH Arval Sets Partnership with Center for Transportation Safety

PHH Arval announced a strategic partnership Monday with the Center for Transportation Safety, a leading provider of risk management and training solutions for drivers, to enhance fleet safety.

February 5, 2008

ISM Services Index Contracts in January

The economy’s service sector contracted in January, the Institute for Supply Management said Tuesday.

February 5, 2008

Karmak Updates Its Management System

Karmak Inc., a software supplier for the trucking industry, said it has released a major update of its Legend business management system, designed solely for the heavy-duty trucking industry.

February 4, 2008

Bush Proposes $68 Billion for DOT’s ’09 Budget

President Bush proposed a $3.1 trillion fiscal 2009 budget on Monday that would give the Department of Transportation $68 billion, a $1 billion increase over last year’s request.

February 4, 2008

Ryder’s Fourth-Quarter Income Improves

Ryder System said Friday its fourth-quarter profit rose 9.3%, as its contract business improved.

February 1, 2008