PHMSA Issues Hazmat Labeling Rules
The Pipeline and Hazardous Materials Safety Administration announced changes to how carriers handle different types of hazardous materials.
February 15, 2008Rail Traffic Gains, Intermodal Declines for Week
Rail carload traffic edged up but intermodal fell for week ended Saturday compared with a year ago, the Association of American Railroads said.
February 14, 2008Daimler Posts Profit; N. American Truck Sales Drop
Daimler AG said Thursday it posted a fourth-quarter profit of $2.5 billion compared with a loss of about $17.5 million a year ago.
February 14, 2008TTNews to Close Monday for Holiday
Transport Topics Online will be closed Monday for the Presidents’ Day holiday. Please check back on Tuesday, Feb. 17, for the latest trucking and freight transportation news.
February 13, 2008DOT Freight Index Drops
The Department of Transportation’s freight transportation services index for December fell 0.1% from a year earlier, DOT said Wednesday.
February 13, 2008Rush Reports Lower 4Q Earnings
Truck dealership Rush Enterprises said its fourth-quarter earnings dipped to $12.3 million, or 32 cents a share, from $15.9 million, or 42 cents, for the previous fourth quarter.
February 13, 2008Court Hears Arguments on Mexican Trucks Program
A federal appeals court heard arguments Tuesday whether the Bush administration can go ahead with the Transportation Department’s Mexican trucks pilot program, the Associated Press reported.
February 12, 2008GAO Cites Risks to Public-Private Partnerships
While there are some benefits, the risks associated with public-private highway partnership agreements range from higher tolls and traffic diversion to political trade-offs and potential tax losses, according to a report issued by the Government Accountability Office.
February 12, 2008Pacer’s Fourth-Quarter Profit Mixed
Transportation and third-party logistics firm Pacer International’s fourth-quarter profit slipped to $20.6 million, from $21.5 million a year ago, but per-share earnings rose to 59 cents a share, from 57 cents a year earlier.
February 12, 2008GM Posts 4Q, Full-Year Loss
General Motors Corp. said Tuesday it took a fourth-quarter loss of $722 million and that it enhanced a buyout plan for its 74,000 U.S. United Auto Workers employees, Bloomberg reported.
February 12, 2008