A federal district court judge has ruled that the Port of Long Beach violated California environmental law when it altered its clean trucks program without first performing a required environmental review, the Long Beach Press-Telegram reported.
July 20, 2011Business
Union Pacific’s 2Q Income Rises 10%
Freight rail line Union Pacific Corp. said Thursday its second-quarter profit rose 10% from a year ago on higher volume despite severe flooding in the Midwest.
July 21, 2011Business
Werner’s Second-Quarter Earnings Rise 31%
Werner Enterprises’ second-quarter earnings jumped 31% despite sluggish freight demand in the first two months of the quarter, the truckload carrier said Wednesday.
July 20, 2011Business
Forward Air’s 2Q Income Jumps
Forward Air Corp. said late Wednesday its second-quarter profit jumped to $12 million, or 40 cents a share, from $7.9 million, or 27 cents, a year ago.
July 20, 2011Business
Dynamex CEO James Welch Leaving Company
James Welch, CEO of parcel carrier Dynamex Inc., has left the firm, parent company TransForce Inc. said in a statement.
July 20, 2011Business
YRC Worldwide Sets 6.9% Rate Increase
YRC Worldwide became the fourth less-than-truckload carrier this month to set a general rate increase of an average 6.9%.
July 20, 2011BusinessLogistics
Existing ºÚÁϳԹÏÍø Sales Fall to Seven-Month Low
Existing home sales fell 0.8% in June to a seven-month low, the National Association of Realtors said Wednesday.
July 20, 2011Business
‘Gang of Six’ Favors More Highway Spending
A bipartisan group of U.S. senators wants an additional $133 billion in highway funding through 2021 as part of its $3.7 trillion plan of tax increases and spending cuts, Bloomberg reported.
July 20, 2011Business
Marten’s Second-Quarter Profit Improves
Marten Transport’s second-quarter profit rose 20.1% on improved performance in its truckload and logistics sectors, along with higher fuel surcharge revenue.
July 20, 2011BusinessLogistics
CSX Reports Record Second-Quarter Profit
CSX Corp. late Tuesday reported record second-quarter earnings, as its profit rose to $506 million, or 46 cents per share, from $414 million, or 36 cents, a year ago.
July 19, 2011