Intermodal, Rail Traffic Fall for Week, Month
Intermodal rail traffic fell 16.8% for the week ended Saturday, compared with the same week last year, the Association of American Railroads said.
May 8, 2009Pacer Takes $177 Million First-Quarter Loss
Transportation and third-party logistics firm Pacer International reported a first-quarter loss of $177.4 million, or $5.11 per share, compared with a profit of $13.4 million, or 38 cents, a year earlier.
May 7, 2009First-Quarter Productivity Improves
First-quarter U.S. worker productivity improved at an 0.8% annual rate in the first quarter, the Labor Department said Thursday.
May 7, 2009Patriot Transportation’s Fiscal 2Q Income Rises
Tank and bulk carrier Patriot Transportation Holding said Wednesday its fiscal second-quarter net income rose to $1.4 million, or 45 cents a share, from $626,000, or 20 cents, a year ago.
May 6, 2009ISM Services Index Improves in April
The U.S. economy’s service sector rate of contraction slowed last month, the Institute for Supply Management said Tuesday.
May 5, 2009EPA Faces Question on Ethanol’s Effects
The Environmental Protection Agency is close to proposing standards for ethanol use, but officials face a question on whether or not ethanol’s indirect effects on the environment should be considered in the rule-making process, the Associated Press reported Sunday.
May 4, 2009Xata Narrows Loss in 2Q
Transportation software firm Xata Corp. said Monday it lost $443,000, or 5 cents per share, in its fiscal second quarter, compared with a loss of $1.3 million, or 17 cents, a year ago.
May 4, 2009Port Plan Progress
The most onerous and misguided portions of the plan by the ports of Los Angeles and Long Beach to reshape the trucking industry there have been enjoined by a federal court, at least for now.
May 4, 2009Judge Blocks Calif. Owner-Operator Ban
A federal judge last week issued a preliminary injunction blocking many of the provisions in the clean trucks plans of the Ports of Los Angeles and Long Beach, including the controversial ban on independent drayage owner-operators at Los Angeles.
May 4, 2009Refrigerated Fleets Stable as Other Sectors Struggle
The refrigerated sector of the trucking industry has been the only healthy activity for fleets in the current recession. Refrigerated truckload shipments grew slightly from last year, but dry vans, tankers and flatbeds all dropped substantially, industry executives and American Trucking Associations said.
May 4, 2009