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Trimacs Earnings Dip in 1Q

Canada-based transportation firm Trimac Income Fund said its first-quarter net earnings fell to C$1.5 million or 5 cents per unit, from C$3.7 million or 7 cents a year earlier.

May 14, 2007

Fla. Reopens Roads Following Fire

Florida officials reopened parts of two interstates near the Georgia border that were closed over the weekend, but said intermittent closures could continue as wildfire smoke poses a safety hazard, the Associated Press reported.

May 14, 2007

Court OKs Allieds Reorg. Plan

Auto carrier Allied Holdings said Saturday that a bankruptcy court has approved its reorganization plan.

May 14, 2007

Court OKs Allieds Plan

Auto carrier Allied Holdings said Saturday that a bankruptcy court has approved its reorganization plan.

May 14, 2007

STB Ends Antitrust Immunity for Trucking Rate Bureaus

The Surface Transportation Board has revoked the authority of motor carriers to engage in collective ratemaking and freight classification.

May 14, 2007

Firms Seek to Replace Pension Funds

NEW YORK The top executive at Arkansas Best Corp. said he expects to offer his fleets unionized employees a less-costly pension benefit plan and withdraw from the current Teamsters multi-employer funds.

May 14, 2007

Fleets Grow as Freight Falls

NEW YORK The decline in freight volume this year and the number of heavy-duty trucks purchased last year during the pre-buy were both markedly bigger than analysts thought, leading to too many trucks chasing too little business.

May 14, 2007

Bush Outlines Emissions-Reduction Plan

President Bush on Monday ordered U.S. government agencies to begin taking regulatory steps to curb vehicle emissions and urged Congress to enact legislation to reduce U.S. dependence on foreign oil.

May 14, 2007

Diesel Drops Another 1.9瞽; Gas Soars to Record $3.103

Diesels national average pump price dipped 1.9 cents to $2.773 a gallon, while gasoline jumped 4.9 cents to an all-time record $3.103, the Department of Energy said Monday.

May 15, 2007