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Covenant’s 4Q Loss Narrows

Covenant Transportation Group said late Wednesday its fourth-quarter loss narrowed from a year ago, as freight revenue declined.

February 3, 2010

C.H. Robinson’s 4Q Profit Declines

Transportation and third-party logistics firm C.H. Robinson Worldwide reported a fourth-quarter profit of $87.7 million, or 52 cents a share, down slightly from $88.9 million, or 52 cents a share, a year ago.

February 2, 2010

Obama Requests $78.8 Billion for DOT

The Department of Transportation would get an additional $2 billion next year if Congress approves the budget proposal made by President Obama on Monday.

February 2, 2010

Napolitano Stresses Need for Port Security

ºÚÁϳԹÏÍøland Security Secretary Janet Napolitano addressed the need to strengthen cargo screening procedures at a meeting Monday in Fort Lauderdale, Fla., with law enforcement officials and members of the private sector doing business at ports.

February 1, 2010

SEC Issues Climate-Change Guidance

The Securities and Exchange Commission for the first time has voted to provide public companies with guidance on disclosing business or legal risk related to climate change.

February 2, 2010

Small Plane Makes Rush Hour Landing on N.J. Turnpike

A small airplane reporting on traffic made an emergency landing on the New Jersey Turnpike Monday morning, the Associated Press reported. No one was injured.

February 1, 2010

Knight Orders 370 New 2010 Trucks from Volvo

Knight Transportation has placed an order for 370 2010 model Volvo VN trucks with selective catalytic reduction technology, Volvo Trucks North America said Monday.

February 1, 2010

ISM Manufacturing Index Rises for Sixth Month

An index of U.S. manufacturing activity expanded in January for the sixth straight month to the highest level in five and a half years, the Institute for Supply Management said Monday.

February 1, 2010

Sleeper Flexibility Would Improve HOS Rule, Trucking Industry Tells FMCSA at Hearing

DALLAS — Carrier officials and drivers told federal regulators that the hours-of-service rules work well, but could be improved by allowing more flexibility in the use of truck sleeper berths.

February 1, 2010