Mullen’s 2Q Income Improves
Canadian transportation firm Mullen Group Income Fund’s second-quarter profit rose to C$19.9 million, or 25 cents a unit, from C$16.6 million, or 21 cents, a year ago.
August 13, 2008TSA Reinstates Company Running Clear Program for Registered Travelers
A week after suspending a traveler ID-check program, the Transportation Security Administration has reinstated Verified Identity Pass, the operator of the Clear program, and and said it may resume its Registered Traveler enrollment immediately.
August 12, 2008Letters to the Editor: Lower Speed Limits, Biodiesel Defended
More and more, we are hearing that fleets are cutting back truck top speeds to well below the speed limits in order to increase fuel economy. Does everyone understand that time is money?
August 11, 2008P.A.M. Takes $1.3 Million 2Q Loss
Truckload carrier P.A.M. Transportation Services said it lost $1.3 million, or 14 cents a share, in the second quarter, compared with net income of $2.2 million, or 21 cents, a year earlier.
August 8, 2008Productivity Rises 2.2% in Second Quarter
Second-quarter U.S. worker productivity rose 2.2%, the Labor Department said Friday.
August 8, 2008Rail, Intermodal Traffic Fall for Week
Rail and intermodal traffic both declined for the week ended Saturday compared with a year ago, the Association of American Railroads said.
August 8, 2008Opinion: It’s Time to Reinvent Transportation
The consolidation trend in the truck transportation industry has been in progress for several years but, over the past five years, has accelerated rapidly.
August 7, 2008Navistar, American LaFrance Set Vocational Truck Venture
Truck and engine maker Navistar International Corp. said it will jointly develop and build cabover vocational trucks with American LaFrance LLC.
August 7, 2008Ryder to Acquire Gordon Truck Leasing
Ryder System said late Wednesday it will acquire Philadelphia-based Gordon Truck Leasing. Terms were not disclosed.
August 7, 2008Oberstar Blasts FMCSA for Slow Pace on Drivers’ Medical Certifications
WASHINGTON — On the heels of a report criticizing the federal government’s efforts to ensure that truck drivers are medically qualified, the House transportation committee’s chairman blasted the top truck safety agency for not living up to its mission and for dragging its feet on the health issue.
August 6, 2008