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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

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

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

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

Canada’s Two Largest Railroads Report Lower Income

Canada’s two biggest freight railroads reported downturns in their second-quarter profits, Bloomberg reported.

July 22, 2008

Caterpillar’s 2Q Income Jumps on International Demand

Heavy equipment and diesel engine maker Caterpillar Inc. said Tuesday its second-quarter profit rose 34%, led by international demand.

July 22, 2008

C.H. Robinson’s 2Q Profit Improves

Transportation and third-party logistics firm C.H. Robinson Worldwide said its second-quarter profit rose to $90.4 million, or 52 cents a share, from $82.3 million, or 47 cents, a year ago.

July 22, 2008

Letters to the Editor: Adding Truck Weight, Carrier Failures, Peters on Gas Tax

The EPA has mandated equipment on our trucks, which adds weight. Why not allow the carriers the chance to recoup the payload?

July 23, 2008