CSX Corp.’s first-quarter profit jumped 30% on higher prices and demand, the railroad said.
April 20, 2011Business
Knight Transportation’s 1Q Income Slips
Knight Transportation said Wednesday its first-quarter profit fell from a year ago, citing higher fuel prices and softer freight demand in the West.
April 20, 2011Business
Existing ºÚÁϳԹÏÍø Sales Rise 3.7%
Existing home sales rose in March from a nine-year low, the National Association of Realtors said Wednesday.
April 20, 2011Business
TIA Joins With ATA, OOIDA to Support Broker Surety Bill
In an unusual display of unity, the Transportation Intermediaries Association has joined forces with the two largest trucking trade associations to support anti-fraud legislation that would raise the freight broker surety requirement to $100,000 and require separate broker and carrier licenses.
April 20, 2011BusinessLogistics
Hub Group’s First-Quarter Income Rises
Logistics firm Hub Group’s first-quarter income improved on higher intermodal activity.
April 20, 2011GovernmentBusiness
Bill Would Suspend Deadline for 100% Cargo Scanning
A new Senate bill would suspend the July 2012 deadline for scanning all cargo bound for the United States.
April 19, 2011Business
Paccar’s First-Quarter Income Jumps
Paccar Inc. said Tuesday its first-quarter profit jumped, and the truck manufacturer boosted its forecast for Class 8 North American truck production.
April 19, 2011GovernmentBusinessTechnologyEquipment
FMCSA Seeks Additional Comment on EOBR Rule
The Federal Motor Carrier Safety Administration is seeking additional public comment on its proposed mandatory electronic onboard recorders rule to help the agency ensure that motor carriers do not use the technology to harass or violate the privacy of truck drivers.
April 19, 2011BusinessFuel
Diesel Rises Again, Climbing 2.7¢ to $4.105
Diesel fuel continued its five-month string of weekly increases, climbing 2.7 cents to $4.105 a gallon, the Department of Energy reported.
April 19, 2011Business
Housing Starts Rise 7.2% in March
Housing starts rose 7.2% in March following a big drop in February, the Commerce Department said Tuesday.
April 19, 2011