Celadon’s 1Q Income Drops; Will Trade Shares on NYSE
Truckload carrier Celadon Group said late Wednesday its fiscal first-quarter income declined from a year ago and that it will begin trading its shares on the New York Stock Exchange in November.
October 28, 2009FMCSA to Reconsider HOS Rule
The Federal Motor Carrier Safety Administration has agreed to reconsider, and potentially change, its oft-challenged hours-of-service rule for commercial drivers, putting on hold a federal court challenge by a coalition of interest groups.
October 28, 2009Senate Committee Approves Ferro to Head FMCSA
A Senate panel Tuesday approved the nomination of Anne Ferro, President Obama’s nominee to head the Federal Motor Carrier Safety Administration.
October 28, 2009S.F. Bay Bridge Closed Following Repair Failure
San Francisco’s Bay Bridge to Oakland, Calif., is closed “indefinitely” following failure of repair work done that was done on Labor Day weekend, news services reported Wednesday.
October 28, 2009Wabco’s Third-Quarter Profit Falls
Wabco Holdings said Wednesday its net income in the third quarter fell to $33.8 million, or 52 cents a share, from $63.7 million, or 97 cents, a year ago.
October 28, 2009New Home Sales Fall for September
New home sales fell 3.6% in September, the Commerce Department said Wednesday.
October 28, 2009Norfolk Southern’s 3Q Profit Drops 41%
Norfolk Southern Corp. reported that its third-quarter profit fell 41% from a year ago.
October 28, 2009Durable Goods Orders Rise for Fourth Time in Six Months
Durable goods orders rose in September for the fourth time in six months, the Commerce Department said Wednesday.
October 28, 2009Oil Falls Below $79 a Barrel Following Inventory Report
Oil fell more than $1 to below $79 a barrel early Wednesday following a report that showed crude inventories improved last week, Bloomberg reported.
October 28, 2009DOT Sets Safety Council
Secretary Ray LaHood said Monday the Department of Transportation was creating a safety council to address a “critical” safety issues facing DOT’s 10 modal agencies.
October 27, 2009