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Xata Loses $1.7 Million in Fiscal 1Q

Transportation software firm Xata Corp. said it lost $1.7 million, or 20 cent per share, in its fiscal first quarter, compared with a loss of $672,000, or 8 cents, a year ago.

February 9, 2010

Forward Air’s 4Q Income Falls

Forward Air Corp. said its fourth-quarter profit fell to $6.4 million, or 22 cents per share, from $8.3 million, or 29 cents, a year ago.

February 9, 2010

Small-Business Index Improves for First Time in Three Months

Confidence among U.S. small businesses increased in January for the first time in three months as the outlook for sales improved, the National Federation of Independent Business reported.

February 9, 2010

Mid-Atlantic Braces for New Major Snowstorm

The latest in a string of fierce winter storms will make its way into the Mid-Atlantic region Tuesday, even as the region continues to recover from a blizzard this weekend, news reports said.

February 9, 2010

China Truck Group’s Jan. Sales Jump 300%

China National Heavy Duty Trunk Group Co., that country’s largest heavy truck producer, sold 16,653 vehicles in January, up more than 300% from a year earlier, Bloomberg reported Tuesday.

February 9, 2010

P.A.M. Reports Fourth-Quarter Loss

P.A.M. Transportation Services reported a fourth-quarter loss of $3.9 million, or 42 cents per share, compared with a loss of $11.4 million, or $1.19, a year earlier.

February 9, 2010

California Releases $20 Million in Hybrid Funding

The California Air Resources Board has launched a $20 million funding assistance program designed to stimulate the purchase of hybrid trucks and buses that reduce diesel emissions.

February 9, 2010

SEC Issues Guidelines to Help Companies Assess Effects of Climate-Change Laws, Rules

The Securities and Exchange Commission for the first time has voted to issue guidelines to help public companies decide whether climate change laws and regulations will have a material effect on their businesses.

February 8, 2010

TMC Meeting Offers ‘Glimpse’ Of Technology, Fleet Guidance

Fleet maintenance professionals in Tampa, Fla., are taking in a glimpse of future trucks while discussing tips for management in the present at the Technology & Maintenance Council annual meeting, through Feb. 12.

February 8, 2010