Transportation and third-party logistics firm Pacer International said late Tuesday its second-quarter profit rose 10.4% to $13.8 million, or 40 cents a share, from $12.5 million, or 34 cents, a year ago.
August 5, 2008Search
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Opinion: It’s Time to Reinvent Transportation
The consolidation trend in the truck transportation industry has been in progress for several years but, over the past five years, has accelerated rapidly.
August 7, 2008ATRI Sets Survey to Gauge Top Issues Facing Trucking Industry
The American Transportation Research Institute said Tuesday it has launched a survey to gauge the trucking industry’s concerns over the most pressing issues facing trucking.
August 5, 2008ISM Services Index Improves, But Still Shows Contraction
The U.S. economy’s service sector contracted in July for a second straight month, the Institute for Supply Management said Tuesday.
August 5, 2008Crude Oil Falls to $118 a Barrel
Oil prices continued to plunge Tuesday, falling more than $3 in early trading to $118 a barrel as a tropical storm did minimal damage in the Gulf of Mexico and speculation that slower economic growth will curb demand, Bloomberg reported.
August 5, 2008Bush Orders Expedited Columbia River Crossing in Pacific Northwest
The Columbia River Crossing between Portland, Ore., and Vancouver, Wash., has received national priority status from the White House to expedite the project, the U.S. Department of Transportation said late Tuesday.
August 5, 2008C.H. Robinson Worldwide Acquires Canadian Forwarder
Transportation and third-party logistics firm C.H. Robinson Worldwide said Monday it has acquired Transera International Holdings Ltd., a project forwarding company based in Calgary, Alberta, Canada.
August 4, 2008DOT To Extend Mexican Truck Program for 2 Years
The Department of Transportation said Monday it plans to continue a program to allow Mexican trucks into the United States for two years — just days after a House Committee passed a measure to end the program next month.
August 4, 2008Study Cites Alternative Fuels’ Role in Emissions Reduction
The University of Minnesota’s Center for Transportation Studies found the state’s greenhouse gas emissions reductions goal of 30% by 2025 to be feasible and said that alternative fuels, vehicle fuel efficiency and reducing vehicle miles traveled were central to reaching the goal, the Associated Press reported.
August 4, 2008Volvo Offers Bendix Air Disc Brakes on Heavy Trucks
Volvo Trucks North America said Monday it is now offering Bendix heavy-duty air disc brakes on Volvo VN and VT model trucks.
August 4, 2008