President Bush said Thursday that he was opposed to funding bridge repairs by raising the聽federal gasoline tax, as proposed Wednesday by Rep. James Oberstar (D-Minn.), the Associated Press reported.
August 10, 2007Business
Intermodal Volumes Decline in Second Quarter, IANA Says
Overall intermodal volumes for the second quarter of 2007 fell to 3.35 million units from last year鈥檚 level of 3.58 million units, the Intermodal Association of North America said.
August 10, 2007BusinessGovernmentSafety
Letters to the Editor: Fifth Wheels, Congestion Fees, HOS Ruling, Hazmat Regulations
Allow me to begin by expressing our appreciation for including information about JOST Interna-tional in the July 9 edition of Transport Topics鈥 Equipment & Maintenance Update supplement in an article titled, 鈥淥n the Care and Feeding of the Humble Fifth Wheel鈥 (E&MU, p. 1).
August 10, 2007BusinessSafety
Rail Volumes for Week Rise, Intermodal Falls, AAR Says
Rail carload traffic rose slightly compared with a year ago for the week ended Saturday, while intermodal volumes declined, the Association of American Railroads said.
August 9, 2007Business
Jobless Claims Rise 7,000 for Week
Initial jobless claims rose 7,000 to 316,000 last week, the Labor Department said Thursday.
August 9, 2007Business
Quality's Profits Fall in Q2
Tank truck carrier Quality Distribution, Tampa, Fla., said its second-quarter net income sank to $2.2 million or 12 cents a share, compared with $5.5 million or 28 cents a year ago.
August 9, 2007GovernmentBusinessSafetyLogistics
Contrans' Earnings Fall in 2Q
Canadian firm Contrans Income Fund鈥檚 second-quarter income dropped to C$1.5 million or 5 cents a unit, from C$10.3 million or 36 cents a year ago.
August 8, 2007GovernmentBusinessSafetyLogistics
Contrans' Earnings Fall in 2Q
Canadian firm Contrans Income Fund鈥檚 second-quarter income dropped to C$1.5 million or 5 cents a unit, from C$10.3 million or 36 cents a year ago.
August 8, 2007Business
Buffett's Berkshire Hathaway Increases BNSF Stake
Berkshire Hathaway, the firm owned by billionaire Warren Buffett, has increased its stake in Burlington Northern Santa Fe Corp., the second largest U.S. railroad, Bloomberg News reported.
August 8, 2007BusinessGovernmentSafetyLogistics
TransForce Posts Lower 2Q Profit
Canadian transportation firm TransForce Income Fund said late Wednesday it earned C$26.3 million or 31 cents a share in the first quarter, down from C$34.9 million or 40 cents a year earlier.
August 8, 2007