Transportation and third-party logistics firm Pacer International said late Wednesday it took a fourth-quarter loss of $65.1 million, or $1.87 a share, compared with a profit of $20.6 million, or 59 cents, a year earlier.
February 11, 2009Search
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Trucking Official Asks Congress for Help on Freight Mobility
Congress should focus on better freight mobility as a national goal, a trucking official told a congressional hearing held in Los Angeles Friday.
February 23, 2009Trucking’s Growing Job Losses
Trucking suffered the greatest loss of jobs in history during January, excluding the month of the national drivers’ strike in 1994.
February 19, 2009National Retail Systems Deploys Clean Trucks to Calif. Ports
National Retail Systems has deployed 115 trucks to comply with the Clean Truck Program requirements set forth by the ports of Los Angeles and Long Beach, the company said Tuesday.
February 17, 2009Descartes Buys Oceanwide’s Logistics Business
Descartes Systems Group said Thursday it acquired the logistics business of privately held Oceanwide Inc., in an all-cash transaction of about C$10.4 million ($8.4 million).
February 6, 2009C.H. Robinson’s 4Q Income Rises
Transportation and third-party logistics firm C.H. Robinson Worldwide said its fourth-quarter profit rose to $88.9 million, or 52 cents a share, from $85.3 million, or 49 cents, a year ago.
January 27, 2009CSX’s Fourth-Quarter Income Slips
CSX Corp. said its fourth-quarter profit fell from a year ago, largely due to a non-transportation-related writedown.
January 21, 2009Group Calls for Ban on Cell Phone Use While Driving
A national safety group is advocating for laws completely banning cell phone use while driving, the Associated Press reported.
January 12, 2009Panel Urges Fuel Tax Hikes
WASHINGTON — A national commission studying transportation infrastructure funding is set to recommend that Congress raise fuel taxes now but eventually replace them with levies based on miles traveled.
January 12, 2009Year in Review: California Takes Steps to Curb Emissions
Southern California port officials and state environmental regulators continued pressing their campaign to reduce heavy-truck diesel emissions, approving several controversial measures during 2008 that some truckers said will lead to severe economic hardships.
December 29, 2008