Rail freight improved but intermodal traffic declined last week compared with a year ago, the Association of American Railroads said Thursday.
July 17, 2008Business, Safety, Government, Logistics
C.H. Robinson’s 2Q Profit Improves
Transportation and third-party logistics firm C.H. Robinson Worldwide said its second-quarter profit rose to $90.4 million, or 52 cents a share, from $82.3 million, or 47 cents, a year ago.
July 22, 2008Government, Business, Safety
Caterpillar’s 2Q Income Jumps on International Demand
Heavy equipment and diesel engine maker Caterpillar Inc. said Tuesday its second-quarter profit rose 34%, led by international demand.
July 22, 2008Government, Business, Safety
Canada’s Two Largest Railroads Report Lower Income
Canada’s two biggest freight railroads reported downturns in their second-quarter profits, Bloomberg reported.
July 22, 2008Business, Government, Safety, Fuel
EPA Requests More Input on Greenhouse Gases
The Environmental Protection Agency issued a nearly 600-page request for public comment on whether it should use existing law to regulate greenhouse gas emissions, a decision one trucking official said was a way to further delay any new regulations until after President Bush leaves office.
July 21, 2008Business, Safety
House Panel to Examine Driver Health Oversight
A congressional panel will hold a hearing Thursday on ways to better gauge health of truck drivers, in an effort to reduce accidents, the Associated Press reported Monday.
July 21, 2008Government, Business, Safety
June Truck Sales Rise 9.5%
Heavy-duty U.S. retail truck sales grew by 9.5% in June, compared with year-ago levels, and ended a streak of 17 consecutive months of contraction, according to the latest survey by WardsAuto.com.
July 21, 2008Government, Business, Safety, Fuel
Diesel Rises 3.7¢ to Record $4.764; Crude Drops
The U.S. retail diesel average rose 3.7 cents last week to another record, $4.764 a gallon, the Department of Energy reported, while the price of crude oil posted its largest single-day drop in 17 years on July 15.
July 21, 2008Business, Safety
Intermodal Traffic Falls for Week
Business, Technology, Equipment, Safety
Landstar’s 2Q Profit, Revenue Rise
Truckload carrier Landstar System said late Wednesday its second-quarter profit rose slightly, while revenue jumped 10%.
July 17, 2008Government, Business, Safety, Logistics
NHTSA Chief Nicole Nason to Step Down in August
Nicole Nason, administrator of the National Highway Traffic Safety Administration, told Transportation Secretary Mary Peters she plans to leave the agency in August, the Associated Press reported.
July 17, 2008