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Dems Still Split on Funding of Nation’s Highway Needs

WASHINGTON — Congressional Democrats continued to spar over how best to address the nation’s road transportation needs, as the Senate and House moved on opposing paths.

July 27, 2009

Oberstar ‘Troubled’ by Wetlines Warning

House Transportation Committee Chairman James Oberstar (D-Minn.) said he was “deeply troubled†over a claim by truck safety inspectors that proposed legislation requiring the purging of flammable materials from tanker wetlines would be “difficult, if not impossible,†to enforce.

July 27, 2009

Senators Address 3 DOT Nominations

The Senate Commerce, Science and Transportation Committee advanced the nominations of several other key administration officials to the full Senate on July 21, including the nomination of Deborah Hersman to lead the National Transportation Safety Board.

July 27, 2009

Standards Body Passes on ‘Hot’ Fuel Rule

Trucking groups hailed the decision by the National Conference on Weights and Measures not to proceed with proposals to regulate the temperature of retail fuel at the pump.

July 27, 2009

Diesel Drops 4.6¢ to $2.496 in 4th Straight Weekly Decline

U.S. retail diesel prices dropped 4.6 cents last week to $2.496 a gallon, the Department of Energy reported — the fourth straight decline — but rising crude oil costs will soon lead to a reversal of that trend, a department analyst predicted.

July 27, 2009

Vitran’s Second-Quarter Profit Declines

Vitran Corp. said Thursday its second-quarter income fell to $400,000, or 3 cents a share, compared with $4.6 million, or 34 cents, a year ago.

July 23, 2009

BNSF’s 2Q Income Improves Despite Lower Volume

Burlington Northern Santa Fe Corp. said its second-quarter profit improved but its revenue fell on lower overall freight demand.

July 23, 2009

TransForce Reports Lower 2Q Income

Canadian transportation firm TransForce Inc. said its second-quarter net income fell to C$18 million, or 21 cents a share, from C$19.3 million, or 22 cents, a year ago.

July 23, 2009

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