FedEx National LTL Names New President
FedEx Corp. said it has named Mike Moss as president of FedEx National LTL, the parcel carrier’s long-haul less-than-truckload unit.
July 27, 2009Standards Body Passes on ‘Hot’ Fuel Rule
Trucking groups hailed the decision by the National Conference on Weights and Measures not to proceed with proposals to regulate the temperature of retail fuel at the pump.
July 27, 2009NHTSA 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, 2009Senators 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, 2009TransForce 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, 2009Existing 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, 2009Union 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, 2009C.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, 2009C.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, 2009Canadian 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