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Truckload carrier and logistics firm P.A.M. Transportation Services reported a third-quarter loss of $1.2 million, or 13 cents per share, compared with a loss of $3.2 million, or 33 cents, a year ago.

I agree — the economy is bad. Now let’s go out there and make some profit. As excess capacity continues to plague the less-than-truckload segment of the trucking industry with reduced revenues and profits, transportation executives are increasingly frustrated.

Covenant Transportation Group reported a third-quarter net loss of $13.6 million, or 96 cents a share, compared with a loss of $3.4 million, or 24 cents, a year ago.

Safety investigators nabbed 77 commercial driver and 84 companies for failing to comply with federal drug and alcohol regulations, the Department of Transportation announced Friday.

Secretary Ray LaHood said Monday the Department of Transportation was creating a safety council to address a “critical” safety issues facing DOT’s 10 modal agencies.

WASHINGTON — When the economy recovers and freight traffic begins to grow again, the nation needs to turn its attention to broader transportation issues that address everything from funding to livability, said Victor Mendez, newly appointed Federal Highway Administrator.

The Federal Motor Carrier Safety Administration should identify commercial truck and bus drivers who are at high risk for obstructive sleep apnea, and require drivers diagnosed with the condition to prove they are being treated, the National Transportation Safety Board recommended last week.

New York Gov. David Paterson (D) has proposed requiring truck drivers there to use only Global Positioning System devices that are equipped with truck route information to keep them off restricted roads.