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Horizon Lines Loses $31 Million in 1Q

Ocean shipper Horizon Lines lost $31.1 million, or $1.02 a share, in the second quarter, compared with a profit of $5.8 million, or 19 cents, a year earlier.

July 24, 2009

Universal Truckload Services Income Falls

Universal Truckload Services said its second-quarternet income plunged 62.8% to $1.3 million, or 8 cents per share, from $3.5 million, 22 cents, a year ago.

July 24, 2009

Consumer Sentiment Index Rises in July

U.S. consumer confidence rose this month for the first time in five months, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.

July 24, 2009

NHTSA Issues Rule to Cut Truck Stopping Distance by 30%

The National Highway Traffic Safety Administration will require a cut of 30% in the allowable stopping distance for the majority of new trucks beginning in 2011, the agency said Friday.

July 27, 2009

Saia Posts 2Q Loss

Saia Inc. said it lost $1.7 million in the second quarter due to the weak shipping environment and lower yields impacted by increasingly competitive pricing pressure.

July 24, 2009

Fuel Price Honeymoon

Our latest little honeymoon with fuel prices likely will end soon, as recent increases in the cost of crude oil work their way down to the retail pump.

July 27, 2009

Letters: Nitrogen in Tires, Brokers Revisited, Impossibly Low Rates, California Reefers, Its All About Freight, Squeaky Wheels

In reference to the story, Safeway Fleet Set to Fill Tires With Nitrogen, which appeared July 6 on p. 8, I have been using nitrogen in my fleet since 2005. We have noticed that the tires stay at a constant pressure, and we have been able to get well over 250,000 miles out of our drive tires and 150,000 miles out of our steer tires.

July 27, 2009

Last Years Diesel-Price Nightmare Teaches Fleets to Diversify Options in Buying Strategies to Cut Costs

Diesel prices have dropped almost 50% since record levels last year, but fleets continue to work on cutting fuel costs, one of their largest expenses.

July 27, 2009

Senate Panel Passes FAA Reauthorization without Changing Courier Labor Rules

A Senate committee last week approved a bill to reauthorize the Federal Aviation Administration without a provision that would make it easier for some employees at FedEx Corp. to unionize.

July 27, 2009

Virginia Closes 18 Rest Stops

The Virginia Department of Transportation closed 18 rest stops last week, despite an effort by U.S. Rep. Frank Wolf (R-Va.) to amend federal law to allow the state to commercialize the rest areas.

July 27, 2009