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Knight’s 2Q Income Flat from a Year Ago

Truckload carrier Knight Transportation’s second-quarter profit was about even with a year ago at $12.6 million, or 15 cents a share, compared with last year’s $12.7 million, or 15 cents.

July 22, 2009

C.H. Robinson’s 2Q Profit Improves

Transportation and third-party logistics firm C.H. Robinson Worldwide reported a second-quarter profit of $92 million, or 54 cents a share, up slightly from $90 million, or 52 cents a share, a year ago.

July 21, 2009

I-75 Near Detroit Expected to Reopen Monday

A two-mile stretch of Interstate 75 damaged by a fiery explosion last week is expected to reopen Monday, the Detroit Free Press reported.

July 20, 2009

Navistar Finishes Field Tests On 2010 Engines After 18 Mos.

Navistar Inc. said it has completed 18 months of laboratory and field tests of its “advanced†version of exhaust gas recirculation engine technology that will be used to meet 2010 federal emission requirements.

July 20, 2009

10% Cut in Truck Traffic Called ‘Almost Ludicrous’

The idea of removing 10% of truck traffic from the nation’s highways by 2020 to reduce carbon emissions is “almost ludicrous,†Ray Kuntz, former chairman of American Trucking Associations, told a Senate committee last week.

July 20, 2009

YRC Deal With Teamsters Expected to Save $870 Million

YRC Worldwide’s latest cost-cutting agreement with the Teamsters is expected to save $870 million over 18 months and help the company regain its financial footing, analysts and company officials said.

July 20, 2009

Maersk Chassis Fee Would Raise Costs, Truckers Warn

Drayage truckers blasted world’s largest ocean carrier Maersk Line’s plan to begin charging a chassis-use fee, saying it would raise costs and complicate operations.

July 20, 2009

J.B. Hunt’s Profit Drops 52% in 2nd Quarter

J.B. Hunt Transport Services Inc. said its second-quarter profit fell 52%, hurt by mounting pressure on prices and weak demand, as the latest round of quarterly financial reports by public carriers began to roll in last week.

July 20, 2009

Senate Panel Approves Extension of Existing Highway Legislation

WASHINGTON — The Senate Environment and Public Works Committee approved an 18-month extension of existing highway legislation even as House leaders continued to oppose a delay in passing a new multiyear transportation funding bill.

July 20, 2009

Diesel Drops 5.2¢ to $2.542

The average cost of retail diesel in the United States dropped 5.2 cents a gallon last week to $2.542, the third consecutive decline and a level nearly 50% below the record highs of a year ago.

July 20, 2009