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Click here to write a Letter to the Editor. utomobile transporter Performance Transportation Services said Wednesday it filed for Chapter 11 bankruptcy “in order to re-align its capital structure [and] resolve its operational issues.”

Click here to write a Letter to the Editor. CS Transportation late Tuesday reported record earnings per share for 2005 and said it earned $10.7 million or 73 cents in the fourth quarter, up from $4.6 million or 30 cents a year earlier.

Click here to write a Letter to the Editor. ovenant Transport said late Tuesday reported its net income for the fourth quarter rose to $4.4 million or 32 cents a share, from a loss of $6.5 million or 32 cents a year earlier.

Click here to write a Letter to the Editor. ransportation firm CNF Inc. reported record fourth-quarter 2005 net income late Tuesday, as its profit rose to $51.2 million or 92 cents a share, compared with $32.2 million or 58 cents a year earlier.

Click here to write a Letter to the Editor. img src="http://www.ttnews.com/images/printeditiontag_new.gif" width=120 align=right>The Federal Motor Carrier Safety Administration is expected to issue several important new regulations this year, including an intermodal chassis maintenance rule and guidance on the use of electronic onboard recorders, agency sources and industry executives told Transport Topics last week.

Click here to write a Letter to the Editor. federal appeals court last week denied a request to rehear its recent decision that the federal government can require only common carriers — not contract carriers — to obtain cargo liability insurance, often referred to as BMC-32 coverage after the relevant endorsement form.

Click here to write a Letter to the Editor. hearing in a lawsuit challenging the constitutionality of Missouri’s revised workers’ compensation law — which increases protection for trucking companies and other businesses against lawsuits and fraudulent claims — has been set for Feb. 6, an attorney said.

Michelin Becomes a ‘Share the Road’ Sponsor • Bush Names DOT Attorney to Head NHTSA • Japan Halts U.S. Beef Imports Over Mad Cow Concerns • Conn. Judge Rules Company’s Assets Can Be Sold

Click here to write a Letter to the Editor. he price of crude oil fell more than $1 a barrel Wednesday to close below $66 a barrel, just three trading days after topping $68, following a positive report on oil, gasoline and distillate inventories, Bloomberg reported.

Click here to write a Letter to the Editor. xisting home sales fell 5.7% in December to the lowest level in almost two years, the National Association of Realtors said Wednesday.