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Security & Safety Briefs — Feb. 22 - Feb. 28
U.S. Delays Border Inspection Fees • Charleston Port Sets New Security System • Oshkosh Wins $878 Million Army Contract • Survey Highlights Traffic Congestion Concern
February 28, 2007Transportation Stocks Take Hit in Market Tumble
Transportation stocks, including airlines, trucking companies and railroads, were among the hardest hit in Tuesday’s stock market tumble, the Associated Press reported.
February 28, 2007Oberstar Suggests Size Test
WASHINGTON — Rep. James Oberstar (D-Minn.), a key transportation legislator and a longtime opponent of increasing truck sizes and weights, told Transport Topics he would now support a pilot study of larger vehicles on U.S. highways.
February 28, 2007Trucking: Don’t Include CBs in Laws Banning Cellphones
Trucking executives said efforts to ban the use of cellular phones from the nation’s highways would receive industry support as long as state laws do not also ban two-way radios and satellite communication devices.
January Truck Tonnage Index Declines 3.6%, ATA Says
American Trucking Associations’ advanced seasonally adjusted truck tonnage index fell 3.6% in January following an increase in December, ATA said Tuesday.
February 27, 2007Quality Distribution’s 4Q Income Flat; Full-Year Improves
Tank truck carrier Quality Distribution’s fourth-quarter profit was $6.2 million or 31 cents a share, compared with $6.2 million or 32 cents for the previous fourth quarter.
February 27, 2007FedEx to Upgrade Retirement Plans for Most Employees
FedEx Corp. said Tuesday it has set new measures aimed at modernizing the retirement plans for most of its employees, including enhancing its 401(k) plans.
February 27, 2007TransForce Reports Gains in 4Q Income, Revenue
Canadian transportation firm TransForce Income Fund said Monday it earned C$55.1 million or 64 cents a share in the fourth quarter, up from C$35.9 million or 47 cents a year earlier.
February 26, 2007Demand for Cleaner Engines Seen Growing
UNIVERSAL CITY, Calif. — An official with the Chicago Climate Exchange said the demand for cleaner engines and alternative fuels in the United States will increase as membership in its cap-and-trade emission trading system expands.
February 26, 2007Technology Briefs — Feb. 21 - Feb. 26
J.J. Keller Develops New Online Tools • ALK Announces Spring Update For CoPilot Live • FedEx Express Deploys Four Hybrids in Denver
February 26, 2007