Heartland Express Tuesday reported a decline in its second-quarter profit but said it plans to begin a fleet upgrade in the third quarter in which it plans to buy 1,600 new trucks.
July 22, 2008Search
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Senate Committee Approves Amendment Aimed at Halting Mexico Trucking Program
The Senate Appropriations Committee approved an amendment to the Department of Transportation’s fiscal 2009 budget aimed at halting the U.S.-Mexico trucking pilot program.
July 23, 2008Hurricane Dolly Bypasses Gulf Oil Rigs
Hurricane Dolly made landfall on the South Texas coast Wednesday as a Category 2 hurricane, but the storm bypassed most major oil installations in the Gulf of Mexico, news services reported.
July 23, 2008Leading Economic Indicators Dip 0.1%
An index of leading economic indicators dipped 0.1% in June, the New York-based Conference Board said Monday.
July 21, 2008Congress May Boost Fuel Tax as Highway Fund Deficit Looms
Following Congress’ rejection of calls by presidential contenders to rescind the federal tax on gasoline and diesel fuel this summer, some lawmakers are quietly considering boosting the tax by a dime to ensure the federal highway fund is adequately financed, the Associated Press reported.
July 21, 2008House Panel to Examine Driver Health Oversight
A congressional panel will hold a hearing Thursday on ways to better gauge health of truck drivers, in an effort to reduce accidents, the Associated Press reported Monday.
July 21, 2008U.S. Firms to Raise Prices Amid High Costs, Survey Says
More U.S. companies plan to raise boost prices and limit hiring as a continuing surge in raw-material costs crimps profits, according to a new business survey, Bloomberg reported Monday.
July 21, 2008Forward Air’s 2Q Earnings Improve
Forward Air Corp. said its second-quarter profit rose to $12.1 million, or 42 cents a share, from $11.5 million, or 38 cents, a year ago.
July 21, 2008EPA Requests More Input on Greenhouse Gases
The Environmental Protection Agency issued a nearly 600-page request for public comment on whether it should use existing law to regulate greenhouse gas emissions, a decision one trucking official said was a way to further delay any new regulations until after President Bush leaves office.
July 21, 2008California Issues Natural Gas Grants
Clean Energy Fuels Corp. said two California environmental agencies awarded grants totaling more than $11 million to further the development of natural gas fueling stations and vehicles.
July 21, 2008