Intermodal Volumes Decline in Second Quarter, IANA Says
Overall intermodal volumes for the second quarter of 2007 fell to 3.35 million units from last year’s level of 3.58 million units, the Intermodal Association of North America said.
August 10, 2007Letters to the Editor: Fifth Wheels, Congestion Fees, HOS Ruling, Hazmat Regulations
Allow me to begin by expressing our appreciation for including information about JOST Interna-tional in the July 9 edition of Transport Topics’ Equipment & Maintenance Update supplement in an article titled, “On the Care and Feeding of the Humble Fifth Wheel” (E&MU, p. 1).
August 10, 2007Rail Volumes for Week Rise, Intermodal Falls, AAR Says
Rail carload traffic rose slightly compared with a year ago for the week ended Saturday, while intermodal volumes declined, the Association of American Railroads said.
August 9, 2007Jobless Claims Rise 7,000 for Week
Initial jobless claims rose 7,000 to 316,000 last week, the Labor Department said Thursday.
August 9, 2007Quality's Profits Fall in Q2
Tank truck carrier Quality Distribution, Tampa, Fla., said its second-quarter net income sank to $2.2 million or 12 cents a share, compared with $5.5 million or 28 cents a year ago.
August 9, 2007Contrans' Earnings Fall in 2Q
Canadian firm Contrans Income Fund’s second-quarter income dropped to C$1.5 million or 5 cents a unit, from C$10.3 million or 36 cents a year ago.
August 8, 2007Contrans' Earnings Fall in 2Q
Canadian firm Contrans Income Fund’s second-quarter income dropped to C$1.5 million or 5 cents a unit, from C$10.3 million or 36 cents a year ago.
August 8, 2007Buffett's Berkshire Hathaway Increases BNSF Stake
Berkshire Hathaway, the firm owned by billionaire Warren Buffett, has increased its stake in Burlington Northern Santa Fe Corp., the second largest U.S. railroad, Bloomberg News reported.
August 8, 2007TransForce Posts Lower 2Q Profit
Canadian transportation firm TransForce Income Fund said late Wednesday it earned C$26.3 million or 31 cents a share in the first quarter, down from C$34.9 million or 40 cents a year earlier.
August 8, 2007Truck Demand Poised for Rebound, Says ArvinMeritor's McClure
The head of auto parts supplier ArvinMeritor said the company is seeing more interest in its heavy-duty truck components, a signal that truck demand couldrise toward the end of the year, Bloomberg News reported.
August 8, 2007