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ISM Services Index Slows Expansion
The U.S. economy’s service sector slowed its expansion last month, the Institute for Supply Management said Wednesday.
November 4, 2009Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Pacer’s 3Q Profit Falls
Transportation and third-party logistics firm Pacer International said its third-quarter profit fell to $600,000, or 2 cents per share, compared with $20.8 million, or 59 cents, a year earlier.
November 4, 2009Quality’s 3Q Profit Improves from a Year Ago
Tank truck carrier Quality Distribution reported a third-quarter profit of $1.4 million, or 7 cents per share, up from $700,000, or 4 cents, a year ago.
November 4, 2009Quality’s 3Q Profit Improves from a Year Ago
Tank truck carrier Quality Distribution reported a second-quarter profit of $1.4 million, or 7 cents per share, up from $700,000, or 4 cents, a year ago.
November 4, 2009Opinion: CSA 2010: A Good First Step, But . . .
For more than a decade, the trucking industry has called for an overhaul of the Department of Transportation’s safety fitness measurement and rating systems. Fortunately, DOT heard these calls and soon will implement its new system — Comprehensive Safety Analysis 2010. CSA 2010’s measurement component will be rolled out in July 2010; the rating component will be implemented after a future rulemaking process is completed.
November 5, 2009Expeditors’ 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, 2009Factory Orders Rise for Fifth Time in Six Months
U.S. factory orders rose 0.9% in September for the fifth gain in six months, the Commerce Department said Tuesday.
November 3, 2009DOT to Rewrite HOS Rule After Groups Suspend Suit
The Department of Transportation last week said it will withdraw its controversial driver hours-of-service rule and write new regulations as part of a deal in which a coalition of advocacy groups agreed to suspend its federal lawsuit challenging the rule.
November 2, 2009TWIC Running Smoothly at U.S. Ports Despite Initial Glitches, Officials Say
After several initial delays and glitches, freight hauling and government officials say the Transportation Worker Identification Credential program is moving along smoothly at U.S. ports, and they project additional security measures could be incorporated in coming years.
November 2, 2009Georgia Shifting Stance On Public-Private Partnerships
The Georgia Department of Transportation has stopped taking unsolicited proposals for public-private partnerships to finance road and tolling projects.
November 2, 2009