The U.S. Postal Service Wednesday reported a third-quarter loss of $1.1 billion, citing the ongoing U.S. economic slowdown.
August 6, 2008BusinessLogistics
Contrans鈥 Second-Quarter Income Improves
Canadian firm Contrans Income Fund鈥檚 second-quarter income rose compared with a year ago, due largely to a big income tax charge in the previous second quarter.
August 6, 2008GovernmentBusinessSafety
Oberstar Blasts FMCSA for Slow Pace on Drivers鈥 Medical Certifications
WASHINGTON 鈥 On the heels of a report criticizing the federal government鈥檚 efforts to ensure that truck drivers are medically qualified, the House transportation committee鈥檚 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, 2008BusinessSafetyGovernmentFuel
Letters to the Editor: Op-Ed Responses, No to Bigger Trucks, Highway Funding, Slow-Pay Blues, Saving on Fuel
In an injury crash, a drug and alcohol test is required only if the driver receives a citation and the injury is treated immediately, away from the scene of the accident.
August 6, 2008BusinessSafetyGovernment
Xata鈥檚 Third-Quarter Loss Narrows
Transportation software firm Xata Corp. said Wednesday it lost $712,000, or 8 cents a share, in its fiscal third quarter, compared with a loss of $1.6 million, or 21 cents, a year ago.
August 6, 2008GovernmentBusinessSafety
Oil Rises to $120 in Early Trading
Oil prices rose to $120 a barrel in early trading Wednesday, a day after falling more than $2 to below that level, Bloomberg reported.
August 6, 2008BusinessSafety
ATA Seeks Nominations for Mike Russell Trucking Image Award
American Trucking Associations is seeking nominations for the second annual Mike Russell 鈥淕ood stuff鈥 Trucking Image Award.
August 6, 2008BusinessSafetyGovernmentLogistics
Bush Orders Expedited Columbia River Crossing in Pacific Northwest
The Columbia River Crossing between Portland, Ore., and Vancouver, Wash., has received national priority status from the White House to expedite the project, the U.S. Department of Transportation said late Tuesday.
August 5, 2008GovernmentBusinessSafetyLogistics
Pacer鈥檚 2Q Income Improves
Transportation and third-party logistics firm Pacer International said late Tuesday its second-quarter profit rose 10.4% to $13.8 million, or 40 cents a share, from $12.5 million, or 34 cents, a year ago.
August 5, 2008BusinessSafetyGovernment
TSA Suspends Identity Pass Program Due to Security Breach
The Transportation Security Administration said Monday it is suspending Verified Identity Pass 鈥 the company that operates Registered Traveler programs under the brand name Clear, due to a security breach.
August 5, 2008