Transportation and third-party logistics firm Pacer International said it lost $7.3 million, or 21 cents per share, compared with a profit of $13.4 million, or 39 cents, a year earlier.
August 6, 2009Search
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Friendships Grow as NTDC Gets Under Way
PITTSBURGH Day-to-day on the job, driving a truck is a mostly solitary occupation, which explains in part why the National Truck Driving Championships attract so many repeat contestants, coming back year after year to rub shoulders with other top drivers from around the country, as well as to carry on their quest for a trophy.
August 24, 2009Pacer Completes Heavy-Haul Unit Sale
Transportation and third-party logistics firm Pacer International said Thursday it has completed the sale of its specialized heavy-haul trucking operation to subsidiaries of Universal Truckload Services.
August 20, 2009Stock Market/Oil Price Two-Step
The new economic Siamese twins, namely the stock market and oil prices, are continuing to rise in lockstep, bringing relief and pain to consumers and the national economy simultaneously.
August 17, 2009Record Number of Truckers Head to Pittsburgh to Compete in Annual Super Bowl of Safety
Despite a challenging economic climate, a record number of drivers will participate in the National Truck Driving Championships this week.
August 17, 2009Biodiesel Group Says EPA Rule Threatens Future Production
A proposed U.S. Environmental Protection Agency rule designed to expand biofuel use actually has brought the biodiesel market to a grinding halt, because it does not allow most blends of soy oil, according to the National Biodiesel Board.
August 17, 2009Opinion: The Customer Service, Dispatch Dilemma
As the recession deepens, there is growing awareness in the transportation industry of the role dispatchers play in keeping third-party logistics firms and freight brokerages competitive, particularly in the areas where dispatch and customer service collide.
August 11, 2009Rule Wont Require Overhaul of Braking Systems, Experts Say
The National Highway Traffic Safety Administrations decision to cut the maximum allowed stopping distance for large trucks by 30% will increase truck buyers costs somewhat, but will not force a widespread shift to new technology such as air disc brakes, industry groups and manufacturers said.
August 3, 2009NHTSA Issues Rule to Cut Truck Stopping Distance by 30%
The National Highway Traffic Safety Administration will require a cut of 30% in the allowable stopping distance for the majority of new trucks beginning in 2011, the agency said Friday.
July 27, 2009Senators Address 3 DOT Nominations
The Senate Commerce, Science and Transportation Committee advanced the nominations of several other key administration officials to the full Senate on July 21, including the nomination of Deborah Hersman to lead the National Transportation Safety Board.
July 27, 2009