The latest in a string of fierce winter storms will make its way into the Mid-Atlantic region Tuesday, even as the region continues to recover from a blizzard this weekend, news reports said.
February 9, 2010Search
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Forward Air’s 4Q Income Falls
Forward Air Corp. said its fourth-quarter profit fell to $6.4 million, or 22 cents per share, from $8.3 million, or 29 cents, a year ago.
February 9, 2010Small-Business Index Improves for First Time in Three Months
Confidence among U.S. small businesses increased in January for the first time in three months as the outlook for sales improved, the National Federation of Independent Business reported.
February 9, 2010China Truck Group’s Jan. Sales Jump 300%
China National Heavy Duty Trunk Group Co., that country’s largest heavy truck producer, sold 16,653 vehicles in January, up more than 300% from a year earlier, Bloomberg reported Tuesday.
February 9, 2010P.A.M. Reports Fourth-Quarter Loss
P.A.M. Transportation Services reported a fourth-quarter loss of $3.9 million, or 42 cents per share, compared with a loss of $11.4 million, or $1.19, a year earlier.
February 9, 2010California Releases $20 Million in Hybrid Funding
The California Air Resources Board has launched a $20 million funding assistance program designed to stimulate the purchase of hybrid trucks and buses that reduce diesel emissions.
February 9, 2010SEC Issues Guidelines to Help Companies Assess Effects of Climate-Change Laws, Rules
The Securities and Exchange Commission for the first time has voted to issue guidelines to help public companies decide whether climate change laws and regulations will have a material effect on their businesses.
February 8, 2010TMC Meeting Offers ‘Glimpse’ Of Technology, Fleet Guidance
Fleet maintenance professionals in Tampa, Fla., are taking in a glimpse of future trucks while discussing tips for management in the present at the Technology & Maintenance Council annual meeting, through Feb. 12.
February 8, 2010Obama Plan for High-Speed Rail Raises Concerns at Freight Firms
The Obama administration’s $8.5 billion plan to advance U.S. high-speed rail programs is being questioned by trucking interests and the freight railroads whose tracks would host most of the new services, officials in both industries said.
February 8, 2010Report Says Thefts Rising, But Fleets Question Data
Cargo theft increased sharply in 2009, according to an international insurer and a security firm, although two major carriers said they had experienced a drop in losses from theft and American Trucking Associations said good statistics were hard to come by.
February 8, 2010