Arkansas Best Corp. reported a second-quarter loss of $15.4 million, or 62 cents a share, compared with a profit of $16.2 million, or 63 cents, a year ago.
July 22, 2009Search
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Senators 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
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
So. Calif. Ports Expected to Approve Program to Speed Purchase of 500 More LNG Trucks
Harbor commissioners at the Ports of Los Angeles and Long Beach, Calif., are expected to approve a plan next month to spend $46.5 million in new grant funding from the state to fast-track the purchase of up to 500 new liquefied natural gas trucks, officials with both ports said.
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, 2009Wal-Mart, UPS to Expand Carbon-Emissions Reporting
Wal-Mart Stores and UPS Inc. have separately pledged to support enterprise-wide reporting of greenhouse gas emissions, underscoring the emerging relevance of the carbon accounting field to motor carriers.
July 27, 2009Diesel Drops 4.6¢ 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, 2009Vitran’s 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, 2009BNSF’s 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, 2009TransForce 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, 2009Illinois Adopts Uniform Law for 80,000-Pound Limit
Illinois has joined the 49 other states in adopting a uniform 80,000-pound truck weight limit law for state routes and other local roads.
July 22, 2009