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GAO Claims Many Truckers Skirt DOT Health Regulations

WASHINGTON — The Government Accountability Office said last week that hundreds of thousands of truck drivers with potentially serious medical conditions are being allowed to drive heavy vehicles, citing loopholes and weaknesses in the federal government’s program to certify drivers.

July 28, 2008

Rush Enterprises’ 2Q Earnings Fall

Truck dealership Rush Enterprises’ first-quarter net income fell to $6.1 million, or 16 cents a share, down from $13 million, or 34 cents, a year ago.

July 24, 2008

Hub Group Reports Higher 2Q Earnings

Third-party logistics company and freight broker Hub Group’s second-quarter net income rose to $15 million, or 40 cents a share, from $13.8 million, or 35 cents, a year ago.

July 24, 2008

Union Pacific’s 2Q Profit Jumps 19%

Union Pacific Corp. said Thursday its second-quarter profit rose 19%, on higher demand for agricultural transportation.

July 24, 2008

House Passes Bill to Boost Bridge Inspections

WASHINGTON — The House Thursday approved a bill that would require states to update their highway bridge inspection standards and perform annual inspections of structurally deficient bridges.

July 24, 2008

Norfolk Southern’s 2Q Income Rises 15%

Eastern freight railroad Norfolk Southern Corp. said its second-quarter profit rose 15%, as higher revenue per shipment offset an overall drop in traffic and record fuel prices.

July 23, 2008

Volvo’s Earnings Improve; Truck Orders Drop

Volvo AB said Wednesday its second-quarter earnings jumped 28%, as rising sales in Europe overcame a downturn in North America, Bloomberg reported.

July 23, 2008

Vitran Reports Lower 2Q Income

Vitran Corp. said Wednesday its second-quarter profit fell 16% to $4.6 million, or 34 cents a share, from $5.5 million, or 41 cents, a year earlier.

July 23, 2008

Arkansas Best’s 2Q Income Declines

Arkansas Best Corp. said Wednesday its second-quarter profit fell 17% to $16.2 million, or 64 cents a share, from $19.6 million, or 78 cents, a year ago.

July 23, 2008

Knight Reports Lower 2Q Earnings

Truckload carrier Knight Transportation’s second-quarter profit fell to $12.7 million, or 15 cents a share, from $18.2 million, or 21 cents, a year ago.

July 24, 2008