Logistics

Logistics firm US 1 Industries said it had a fourth quarter net loss of $2.1 million, or 15 cents a share, compared with a profit of $582,000, or 4 cents a share, a year earlier.

Union Pacific’s chief executive officer, Jim Young, said shipments carried by the nation’s biggest freight railroad are stronger than expected this year but still a long way from full recovery, the Associated Press reported.

The Canadian Trucking Alliance has reiterated its support for an electronic on-board recorder mandate in response to a discussion paper prepared by the Canadian Council of Motor Transport Administrators.

Numerous national health and safety organizations have come together to petition and support the Federal Motor Carrier Safety Administration’s regulation to ban cell-phone use in commercial vehicles.

A proposed federal rule that triples to $3,000 the annual registration fee for large hazardous materials motor carriers but maintains a fee of $300 for small carriers places an unfair burden on large carriers, American Trucking Associations and National Tank Truck Carriers said in written comments opposing the new rule.

System Logistics Corp. said it has established a new group within its company dedicated to complex and large scale supply chain projects.

The Information Technology & Logistics Council and National Accounting & Finance Council will hold their annual meetings May 3-5 in Amelia Island, Fla.

Canada has delayed its plan to require carriers with incoming shipments to submit manifest information electronically to the Canada Border Services Agency, the Canadian Trucking Alliance said.

Several U.S. senators have criticized the Obama administration’s plan to use $4 billion to create a new national infrastructure bank to help finance transportation projects, questioning how the bank would operate and whether rural projects would lose funding to larger urban areas.