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Expeditors’ Third-Quarter Income Falls 33%

Logistics firm Expeditors International of Washington said Tuesday its third-quarter net income fell 33% to $57.8 million, or 27 cents a share, from $85.6 million, or 39 cents, a year ago.

November 3, 2009

State Coalition Seeks Fed Aid for Intermodal Terminals

Five states have formed a coalition to seek a federal grant to build intermodal terminals and make other improvements along the Norfolk Southern Railroad line stretching from New Orleans to New York City.

November 2, 2009

Diesel Gains 0.7¢ to $2.808 a Gallon as Increases Slow

Diesel fuel’s national average retail price rose for a fourth straight week, though its increase slowed from recent weeks in a 0.7 cent gain to $2.808 a gallon, the Department of Energy said Monday.

November 3, 2009

Diesel Jumps 9.6¢ to $2.801

U.S. diesel prices continued to surge as the national average rose another 9.6 cents a gallon to $2.801 last week, the highest level in nearly a year, the Department of Energy said.

November 2, 2009

P.A.M. Narrows Third-Quarter Loss

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.

October 30, 2009

NTSB Urges Tougher Measures to Fight Drivers’ Sleep Apnea

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.

October 26, 2009

Gasoline Jumps 18¢ in Two Weeks, to $2.66 a Gallon

Regular gasoline jumped 18 cents in the past two weeks to a national average $2.66 a gallon, according to the latest Lundberg Survey of fuel prices.

October 26, 2009

TransForce Reports Lower 3Q Income

Canadian transportation and logistics firm TransForce Inc. said its third-quarter net income fell to C$17 million, or 19 cents a share, from C$26.5 million, or 31 cents, a year ago.

October 23, 2009

NTSB Urges Tougher Measures to Fight Drivers’ Sleep Apnea

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.

October 26, 2009

Diesel Soars 10.5¢ to $2.705

The average U.S. price of diesel jumped more than 10 cents a gallon and gasoline rose nearly as much last week, while petroleum closed above $81 a barrel on national commodities markets for the first time in more than a year.

October 26, 2009