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TransForce Reports Lower 2Q Income

Canadian transportation firm TransForce Inc. said its second-quarter net income fell to C$18 million, or 21 cents a share, from C$19.3 million, or 22 cents, a year ago.

July 23, 2009

Intermodal, Rail Traffic Continue to Decline

Intermodal rail traffic fell 18.8% last week compared with the same week last year, the Association of American Railroads said.

July 24, 2009

Knight’s 2Q Income Flat from a Year Ago

Truckload carrier Knight Transportation’s second-quarter profit was about even with a year ago at $12.6 million, or 15 cents a share, compared with last year’s $12.7 million, or 15 cents.

July 22, 2009

C.H. Robinson’s 2Q Profit Improves

Transportation and third-party logistics firm C.H. Robinson Worldwide reported a second-quarter profit of $92 million, or 54 cents a share, up slightly from $90 million, or 52 cents a share, a year ago.

July 21, 2009

FedEx Expands Hybrid Fleet

FedEx Corp. said it has added 92 hybrid-electric trucks to its delivery fleet, the first standard FedEx delivery trucks converted to hybrid-electric systems.

July 21, 2009

I-75 Near Detroit Expected to Reopen Monday

A two-mile stretch of Interstate 75 damaged by a fiery explosion last week is expected to reopen Monday, the Detroit Free Press reported.

July 20, 2009

Ericsson to Receive $5 Bln. to Run Sprint’s Networks

Sprint Nextel Corp., the third-largest U.S. wireless carrier, plans to pay Ericsson AB as much as $5 billion to manage its networks, offloading the expense of running its own systems.

July 20, 2009

Navistar Finishes Field Tests On 2010 Engines After 18 Mos.

Navistar Inc. said it has completed 18 months of laboratory and field tests of its “advanced” version of exhaust gas recirculation engine technology that will be used to meet 2010 federal emission requirements.

July 20, 2009

10% Cut in Truck Traffic Called ‘Almost Ludicrous’

The idea of removing 10% of truck traffic from the nation’s highways by 2020 to reduce carbon emissions is “almost ludicrous,” Ray Kuntz, former chairman of American Trucking Associations, told a Senate committee last week.

July 20, 2009

YRC Deal With Teamsters Expected to Save $870 Million

YRC Worldwide’s latest cost-cutting agreement with the Teamsters is expected to save $870 million over 18 months and help the company regain its financial footing, analysts and company officials said.

July 20, 2009