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Vitran Reports Fourth-Quarter Loss

Vitran Corp. said Tuesday it lost $ $3.2 million, or 23 cents a share, compared with a profit of $1.7 million, or 12 cents, a year earlier.

February 10, 2009

DOE Holds ’09 Diesel Forecast at $2.28 a Gallon

The Energy Department held its projection for diesel prices from a previous forecast, saying trucking’s main fuel would average $2.28 per gallon this year and $2.55 in 2010.

February 10, 2009

Senate Approves $838 Billion Stimulus

The Senate approved Tuesday the $838 billion economic stimulus bill proposed by President Obama, the Associated Press reported.

February 10, 2009

New Jersey, Others Consider Fining Drivers Who Fail to Remove Snow From Vehicles

New Jersey is poised to adopt a law that would fine drivers who fail to clear snow and ice from their vehicle rooftops, while the District of Columbia and Connecticut are taking steps down a similar legislative path.

February 9, 2009

Senate Fails to Boost Spending for Highways in Stimulus Bill

The Senate moved toward final passage of its $900 billion stimulus package of spending and tax cuts last week, and despite ongoing efforts, it appeared unlikely a major boost in infrastructure money would be included in the package.

February 9, 2009

FedEx Express Opens New China Hub

FedEx Express said Monday it has begun operations at its new Asia Pacific hub in Guangzhou, China, the company’s largest hub outside of the United States.

February 9, 2009

FedEx Freight Cutting 900 Jobs

FedEx Freight, the less-than-truckload unit of FedEx Corp., will cut 900 jobs because of declining demand and aggressive pricing by competitors, Bloomberg reported Monday.

February 9, 2009

States Eye More Toll Roads

In a whirl of activity that is expected to accelerate in coming years, states are making toll roads a permanent part of the nation’s highway system and eyeing toll dollars as a way to plug gaping budget deficits.

February 9, 2009

DOT ‘TIGER’ Team to Coordinate Role in Recovery Plan

The Department of Transportation has created a team to coordinate its role in President Obama’s economic recovery program, to ensure that funding is made available quickly for transportation infrastructure projects and that project spending is monitored and transparent.

February 5, 2009