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U.S. Driving Declines; Oil Consumption at Five-Year Low

Americans drove 12.2 billion miles fewer in June than the same month a year ago, a 4.7% decline, the U.S. Department of Transportation said Wednesday.

August 13, 2008

Trimac’s Second-Quarter Income Drops

Canada-based transportation firm Trimac Income Fund said its second-quarter net earnings plunged to C$2.6 million, or 9 cents per unit, from C$7.9 million, or 17 cents, a year ago.

August 13, 2008

Mullen’s 2Q Income Improves

Canadian transportation firm Mullen Group Income Fund’s second-quarter profit rose to C$19.9 million, or 25 cents a unit, from C$16.6 million, or 21 cents, a year ago.

August 13, 2008

TSA Reinstates Company Running Clear Program for Registered Travelers

A week after suspending a traveler ID-check program, the Transportation Security Administration has reinstated Verified Identity Pass, the operator of the Clear program, and and said it may resume its Registered Traveler enrollment immediately.

August 12, 2008

Study Predicts Drayage Driver Shortage Due to Security Rules, Growing Imports

A new study by an intermodal consulting firm forecasts a looming shortage of port drayage drivers because of new federal security regulations and a return to growth of freight imports by sea.

August 13, 2008

Letters to the Editor: Lower Speed Limits, Biodiesel Defended

More and more, we are hearing that fleets are cutting back truck top speeds to well below the speed limits in order to increase fuel economy. Does everyone understand that time is money?

August 11, 2008

Productivity Rises 2.2% in Second Quarter

Second-quarter U.S. worker productivity rose 2.2%, the Labor Department said Friday.

August 8, 2008

P.A.M. Takes $1.3 Million 2Q Loss

Truckload carrier P.A.M. Transportation Services said it lost $1.3 million, or 14 cents a share, in the second quarter, compared with net income of $2.2 million, or 21 cents, a year earlier.

August 8, 2008

Xata’s 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, 2008

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, 2008