Transportation and third-party logistics firm Pacer International’s first-quarter profit rose to $14.3 million, or 41 cents a share, from $7.8 million, or 21 cents, a year ago, the company said.
May 6, 2008GovernmentBusinessSafetyFuelLogistics
ATA Calls for 65-MPH Speed Limit to Curb Fuel Consumption
An American Trucking Associations official asked a congressional panel to set a national speed limit of 65 miles per hour, as part of a series of steps ATA said would support the trucking industry’s efforts to reduce fuel consumption and address the escalating cost of diesel.
May 7, 2008BusinessSafetyGovernment
DHS Moves TWIC Compliance Date Back to April
The Department of 91ÊÓƵland Security said it pushed back the enforcement date for the Transportation Worker Identification Credential program to April 15, 2009, although some areas will need to comply sooner.
May 7, 2008GovernmentBusinessSafety
First-Quarter Productivity Improves 2.2%
First-quarter U.S. worker productivity improved 2.2%, the Labor Department said Wednesday.
May 7, 2008GovernmentBusinessSafetyFuelEquipment
Letters to the Editor: Idling, Govt. and Fuel, Owner-Operators, Time for Protest
Your front-page article April 7 about auxiliary power units possibly saving on fuel quoted an APU maker’s spokesman who stated (like many others I have seen) that idling truck engines use up to 1.8 gallons of fuel an hour.
May 6, 2008BusinessSafetyGovernment
ATA Gives Knight Exec, Con-way 2008 Security Awards
American Trucking Associations’ Security Council presented its Security Professional of the Year award to Richard Martin, the corporate security director for truckload carrier Knight Transportation.
May 6, 2008FuelBusinessGovernment
DOE Boosts Diesel-Price Forecast
Diesel fuel will average $3.94 per gallon at the pump this year — more than a dollar over last year’s average and higher than the $3.62 forecast issued last month, the Department of Energy said.
May 6, 2008FuelBusinessGovernment
DeFazio Says Congress Should Help Truckers Hit by Fuel Costs
A key Congressman said lawmakers should help the trucking industry cope with diesel prices that have risen 45% in the past year, Bloomberg reported.
May 6, 2008GovernmentBusiness
Deutsche Post Names New U.S. DHL Chief
Deutsche Post said Tuesday it has appointed Ken Allen to lead its DHL Express unit in the United States, Bloomberg reported.
May 6, 2008GovernmentBusinessSafetyFuel
Oil Soars Past $122; Regulators Considering More Oversight
With oil soaring to new records — crude surged past $122 a barrel on Tuesday for the first time — federal regulators are considering stricter regulation of the oil industry, the Wall Street Journal reported Tuesday.
May 6, 2008