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Logistics News
Business, Government, Safety, Logistics

NHTSA Issues Rule to Cut Truck Stopping Distance by 30%

The National Highway Traffic Safety Administration will require a cut of 30% in the allowable stopping distance for the majority of new trucks beginning in 2011, the agency said Friday.

July 27, 2009
Business, Safety, Government, Logistics

Senators Address 3 DOT Nominations

The Senate Commerce, Science and Transportation Committee advanced the nominations of several other key administration officials to the full Senate on July 21, including the nomination of Deborah Hersman to lead the National Transportation Safety Board.

July 27, 2009
Business, Safety, Government, Logistics

TransForce Reports Lower 2Q Income

Canadian transportation firm TransForce Inc. said its second-quarter net income fell to C$18 million, or 21 cents a share, from C$19.3 million, or 22 cents, a year ago.

July 23, 2009
Business, Logistics

Existing Home Sales Improve in June

Existing homes sales rose for the third straight month in June, the National Association of Realtors said Thursday.

July 23, 2009
Business, Logistics

Union Pacific’s 2Q Profit Falls

Union Pacific Corp.’s second-quarter profit fell 12% to $468 million, or 92 cents per share, from $531 million, or $1.02, a year ago.

July 23, 2009
Business, Logistics

C.H. Robinson Acquires European Freight Forwarder

Third-party logistics firm C.H. Robinson Worldwide said that it had acquired London-based Walker Logistics Overseas, an international freight forwarder.

July 22, 2009
Business, Safety, Government, Logistics

C.H. Robinson’s 2Q Profit Improves

Transportation and third-party logistics firm C.H. Robinson Worldwide reported a second-quarter profit of $92 million, or 54 cents a share, up slightly from $90 million, or 52 cents a share, a year ago.

July 21, 2009
Business, Logistics

Canadian National's 2Q Income Falls 16%

Canadian National Railway said late Monday its second-quarter net income fell 16% to C$387 million, or 82 cents a share, from C$459 million, or 95 cents, a year ago.

July 21, 2009
Business, Government, Technology, Logistics

Crane Leverages Loss of EGL into New Logistics Success

HOUSTON — During the second half of 2007, when the U.S. economy and stock market were at their respective peaks, a colleague of James Crane said he was — for a brief while — bitter and unhappy. But as gross domestic product and the value of stocks, housing and other assets fell dramatically, the smile returned to Crane’s face as he realized the comfort of cash — hundreds of millions of dollars of it.

July 20, 2009
Fuel, Business, Logistics

Standards Group Votes Against Pump Gauges for ‘Hot Fuel’

The National Conference on Weights and Measures has voted not to require temperature gauges to measure fuel output on retail pumps.

July 17, 2009
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