Federal Highway Administration chief Rick Capka will leave the agency next month, he said in an e-mail to FHWA staff.
January 25, 2008Business
FHWA Chief Capka to Step Down
Government, Business, Safety, Autonomous
Florida Banning Trucks from Left Lane of Turnpike Stretch
Florida officials are banning trucks from the left lane of a 40-mile stretch of the Florida Turnpike in South Florida starting Friday, the South Florida Sun-Sentinel reported.
January 25, 2008Business
Deutsche Post May Sell DHL to FedEx, Report Says
Deutsche Post AG may sell its DHL Americas unit to FedEx Corp., according to a German newspaper, Bloomberg reported Friday.
January 25, 2008Business
Caterpillar’s Fourth-Quarter Earnings Improve
Heavy equipment and diesel engine manufacturer Caterpillar Inc. said its fourth-quarter profit rose 11% to $975 million, or $1.50 per share, from $882 million, or $1.32, a year ago.
January 25, 2008Business
European Heavy Truck Sales Rise 7.3%
European heavy-duty truck sales rose 7.3% last year, led by Poland and Czech Republic, Bloomberg reported Friday.
January 25, 2008Business, Safety
Trucking Carried More Than 10 Billion Tons of Freight in ’06, ATA Says
The U.S. trucking industry hauled more goods than ever before in 2006, the American Trucking Associations said Friday.
January 25, 2008Government, Business, Safety
Court Rebuffs Public Citizen on HOS Rule
A federal court has rejected a request by several advocacy groups, led by Public Citizen, seeking to overturn the interim hours-of-service rule issued by the Federal Motor Carrier Safety Administration last month.
January 24, 2008Business, Safety, Government
Covenant Reports Fourth-Quarter Profit
Covenant Transportation Group earned $176,000, or 1 cent per share in the fourth quarter, compared with a loss of $894,000, or 6 cents, a year earlier.
January 24, 2008Business
Heartland’s 4Q Earnings Drop 15%
Truckload carrier Heartland Express said Thursday its fourth-quarter profit fell 15% to $16.6 million, or 17 cents a share, from $19.6 million, or 20 cents, a year earlier.
January 24, 2008Business, Logistics
2007 ºÚÁϳԹÏÍø Sales Fall to Lowest Level Since 1982
Existing homes sales fell 2.2% in December, capping the biggest annual slump since 1982, the National Association of Realtors said Thursday.
January 24, 2008