Bridge Collapse Points to Need For Road Funds, Officials Say
The catastrophic collapse of the Interstate 35 bridge in Minneapolis last week underscores the need for increased funding for U.S. infrastructure, several transportation officials said.
August 6, 2007Opponents Spar Over Impact of Appeals Court’s HOS Ruling
Officials on both sides of the debate over revising work rules for commercial drivers presented markedly different interpretations of a recent federal appeals court’s ruling striking down portions of the new plan.
August 6, 2007UPS, BNSF Cooperate to Speed Shipments By Loading Trailers on Flatcars Near Chicago
More than a million packages a day in metropolitan Chicago have an ideal commute. They roll through the back gate of the UPS Inc. facility here and into the Burlington Northern Santa Fe rail yard next door — without traveling on a public street — so they can catch a train for such places as Kansas City, Denver or California.
August 6, 2007Deutsche Post's 2Q Profits Rise
Deutsche Post AG, parent of DHL Americas, said its second-quarter profit rose 13% as its DHL Express unit increased package volumes in Asia and earned more per shipment in the U.S., Bloomberg News reported.
August 5, 2007July ISM Services Index Declines Sharply
The economy’s service sector growth rate experienced its largest decline in nearly two years in July, falling to 55.8 in from 60.7 in June, the Institute for Supply Management said Friday.
August 3, 2007TransForce to Purchase Canadian Courier
Canadian transportation firm TransForce Income Fund said Thursday it will purchase Century II Holdings, the parent company of Toronto-based ICS Courier.
August 3, 2007Minn. Highway Bridge Collapse Kills At Least Four, Injures Dozens
An interstate highway bridge jammed with rush-hour traffic collapsed into the Mississippi River in Minneapolis late Wednesday, thowing dozens of vehicles into the water and killing at least four people, the Associated Press reported.
August 2, 2007Xata’s 3Q Loss Widens; Revenue Rises 7.2%
Transportation software firm Xata Corp. said Thursday it lost $875,000 or 21 cents a share in its fiscal third quarter, compared with a loss of $559 million or 9 cents a year ago.
August 2, 2007Factory Orders Rise 0.6%, Commerce Says
U.S. factory orders rose 0.6% in June, the Commerce Department said Thursday.
August 2, 2007Patriot Transportation’s 3Q Income Rises
Patriot Transportation Holding’s fiscal third-quarter net income jumped to $2.4 million or 77 cents a share, from $1.8 million or 59 cents a year earlier.
August 2, 2007