Transportation and third-party logistics firm Pacer International鈥檚 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, 2008Search
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Opinion: A Clearinghouse for Drug and Alcohol Info
Just days after a new report recommended improvements to drug-testing programs that could better identify illegal drug users and keep them off the road, Reps. Jim Oberstar (D-Minn.), John Mica (R-Fla.) and Peter DeFazio (D-Ore.) announced their intention to introduce legislation aimed at establishing a national clearinghouse of positive drug-test results.
June 4, 2008Diesel Soars Another 22.6垄 to Record $4.723
Diesel continued to soar last week, jumping 22.6 cents to put the national average retail price at an unprecedented $4.723 a gallon, according to the Department of Energy.
June 2, 2008UPS Moving Asia Air Hub to China
UPS Inc. said Wednesday it is moving its primary intra-Asia air hub to southern China, from the Philippines, to save money and reduce transit times across Asia.
May 21, 2008President Bush Declares 鈥楴ational Transportation Week鈥
President Bush declared this week as 鈥淣ational Transportation Week鈥 and Saturday to be 鈥淣ational Defense Transportation Day,鈥 the White House said Friday.
May 12, 2008ATA Unveils Sustainability Plan; Backs Truck Fuel-Use Standard
American Trucking Associations launched a major initiative to meet the industry鈥檚 growing fuel-price crisis, supporting for the first time national truck fuel-economy standards.
May 12, 2008A&R Logistics Buys West Coast Transporter
A&R Logistics said Wednesday it acquired Pacific Chemical Distribution Corp. and its affiliate Pacific Bulk Transportation Co., for an undisclosed sum.
May 7, 2008ATA 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鈥檚 efforts to reduce fuel consumption and address the escalating cost of diesel.
May 7, 2008Mullen鈥檚 1Q Income Declines; Truck Segment Improves
Canadian transportation firm Mullen Group Income Fund鈥檚 first-quarter profit fell but its trucking and logistics unit鈥檚 performance improved, the company said late Monday.
May 6, 2008TransForce Reports Dip in 1Q Income
Canadian transportation firm TransForce Income Fund said Wednesday its first-quarter net income was C$19.1 million, or 22 cents per unit, compared with C$20.9 million, or 24 cents, a year ago.
April 30, 2008