YRC Worldwide Friday reported a wider third-quarter loss and upgraded its interim chief financial officer to be its permanent CFO.
November 4, 2011Business
FMCSA Revises Streamlining Proposal for Motor Carrier Registration Process
The Federal Motor Carrier Safety Administration has issued a revised proposal to streamline the agency’s registration process for motor carriers, brokers and freight forwarders — and eventually help the agency identify so-called “chameleon” operators.
November 7, 2011Business, Fuel
Diesel Gains 6.7¢ to $3.892 a Gallon
U.S. retail diesel prices last week rose to their highest level in almost three months after climbing 6.7 cents to $3.892 a gallon, the Department of Energy reported.
November 7, 2011Business
YRC Reports 3Q Loss; Names CFO
Business
Trimac’s 3Q Income Improves
Trimac Transportation Ltd.’s third-quarter earnings rose to C$4.1 million, or 16 Canadian cents per unit, from C$3.7 million, or 14 cents, a year ago.
November 4, 2011Business
Trucking Adds 3,100 Jobs; Unemployment Rate Declines to 9%
The unemployment rate declined to a six-month low of 9% in October while the economy added 80,000 jobs, including 3,100 trucking jobs, the Labor Department said Friday.
November 4, 2011Business, Technology
Intermec Swings to 3Q Profit
Supply chain technology firm Intermec Inc. said it posted third-quarter earnings of $700,000, or 1 cent per share, compared with a loss of $6.9 million, or 11 cents, a year ago.
November 4, 2011Business
Con-way Swings to 3Q Profit
Con-way Inc. late Thursday reported a third-quarter profit compared with a loss a year ago, as its truckload, less-than-truckload and logistics operations all improved.
November 4, 2011Business, Logistics
Intermodal Traffic Rises 4.6% for Week
U.S. intermodal traffic rose 4.6% for the week ended Oct. 29 from a year ago, the Association of American Railroads said.
November 4, 2011Government, Business
Senate Kills Obama’s $60 Billion Infrastructure Plan
Senate Republicans killed legislation backed by President Obama to spend $60 billion on building and repairing roads and other infrastructure.
November 3, 2011Business
Oakland Port Resumes Operations Following Protests
Protesters removed barricades from the entrance to the Port of Oakland Thursday following an agreement reached between demonstrators and a port workers’ union, the Oakland Tribune reported.
November 3, 2011