The Federal Motor Carrier Safety Administration sent its proposal for a new hours-of-service rule to the White House Office of Management and Budget for review Monday, meeting the first of its court-appointed deadlines for issuing the rule.
July 27, 2010Search
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Paccar’s Second-Quarter Earnings Increase
Truck maker Paccar Inc.’s second-quarter profit rose to $99.6 million, or 27 cents a share, from $26.5 million, or 7 cents, a year ago, the company said.
July 27, 2010Cummins’ Profit Jumps in 2Q
Cummins Inc. said Tuesday its second-quarter profit jumped to $245 million, or $1.25 a share, from $56 million, or 28 cents, a year ago.
July 27, 2010New Georgia Law Protects Truckers on Liability
As of this month, under a new Georgia law carriers in that state can no longer be forced to accept unwarranted insurance liability in order to get a special permit.
July 27, 2010Feds Lack Tools to Track Bridge Spending In States
Twenty-five percent of the nation’s 603,000 bridges are structurally deficient in some way, but the federal government lacks the analytic and procedural tools to determine what impact federal bridge money would have in addressing the problem, a Government Accountability Office report said.
July 27, 2010Rendell Pleads for Special Session to Address Transportation
In a plea to the Pennsylvania State Legislature to hold a special session on transportation funding, Gov. Edward Rendell (D) recently told members of the Senate Transportation Committee that, collectively in their 13 districts, they have 1,970 structurally deficient bridges.
July 27, 2010Six More States Act To Prohibit Indemnification Contracts
Florida and Louisiana are among six states this year to pass anti-indemnification laws that prohibit contractors from shifting insurance liabilities onto truckers.
July 27, 2010C.H. Robinson’s 2Q Profit Increases
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a second-quarter profit of $97.2 million, or 59 cents a share, up from $92.3 million, or 54 cents a share, a year ago.
July 27, 2010Norfolk Southern’s Profit Jumps 59%
Norfolk Southern Corp. said its second-quarter profit jumped 59% from a year ago.
July 27, 2010P.A.M. Reports Second-Quarter Profit
P.A.M. Transportation Services reported a profit of $1.3 million in the second quarter, compared with a $2.4 million loss a year ago.
July 27, 2010