Ryder System said Thursday its second-quarter profit fell to $22.9 million, or 41 cents a share, from $62.9 million, or $1.09, a year earlier.
July 23, 2009Search
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Virginia Closes 18 Rest Stops
The Virginia Department of Transportation closed 18 rest stops last week, despite an effort by U.S. Rep. Frank Wolf (R-Va.) to amend federal law to allow the state to commercialize the rest areas.
July 27, 2009Dems Still Split on Funding of Nations Highway Needs
WASHINGTON Congressional Democrats continued to spar over how best to address the nations road transportation needs, as the Senate and House moved on opposing paths.
July 27, 2009ATA Joins Industry Group on Contractor Law to Protect Owner-Operator Business Model
Concern about the possibility of legislative threats to the use of owner-operators has led American Trucking Associations to join a Washington, D.C., lobbying group.
July 27, 2009Oberstar Troubled by Wetlines Warning
House Transportation Committee Chairman James Oberstar (D-Minn.) said he was deeply troubled over a claim by truck safety inspectors that proposed legislation requiring the purging of flammable materials from tanker wetlines would be difficult, if not impossible, to enforce.
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, 2009Standards Body Passes on Hot Fuel Rule
Trucking groups hailed the decision by the National Conference on Weights and Measures not to proceed with proposals to regulate the temperature of retail fuel at the pump.
July 27, 2009Diesel Drops 4.6瞽 to $2.496 in 4th Straight Weekly Decline
U.S. retail diesel prices dropped 4.6 cents last week to $2.496 a gallon, the Department of Energy reported the fourth straight decline but rising crude oil costs will soon lead to a reversal of that trend, a department analyst predicted.
July 27, 2009Vitrans Second-Quarter Profit Declines
Vitran Corp. said Thursday its second-quarter income fell to $400,000, or 3 cents a share, compared with $4.6 million, or 34 cents, a year ago.
July 23, 2009BNSFs 2Q Income Improves Despite Lower Volume
Burlington Northern Santa Fe Corp. said its second-quarter profit improved but its revenue fell on lower overall freight demand.
July 23, 2009