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Trade Gap Widens in December

The U.S. trade deficit widened in December, increasing 10.4% from November, the Commerce Department.

February 11, 2010

Pennsylvania Reopens Interstate 78

Pennsylvania has reopened Interstate 78, which had been shut down following Wednesday’s Mid-Atlantic blizzard that stranded more than 200 motorists, the Pennsylvania Department of Transportation said Thursday afternoon.

February 11, 2010

Xata Loses $1.7 Million in Fiscal 1Q

Transportation software firm Xata Corp. said it lost $1.7 million, or 20 cent per share, in its fiscal first quarter, compared with a loss of $672,000, or 8 cents, a year ago.

February 9, 2010

DOE Fuel Prices on Hold with Government Shutdown

The federal government in the Washington area remained closed for a fourth day Thursday following Wednesday’s blizzard and as a result the Department of Energy is not likely to release its weekly fuel prices until at least Friday.

February 11, 2010

Forward Air’s 4Q Income Falls

Forward Air Corp. said its fourth-quarter profit fell to $6.4 million, or 22 cents per share, from $8.3 million, or 29 cents, a year ago.

February 9, 2010

Small-Business Index Improves for First Time in Three Months

Confidence among U.S. small businesses increased in January for the first time in three months as the outlook for sales improved, the National Federation of Independent Business reported.

February 9, 2010

Mid-Atlantic Braces for New Major Snowstorm

The latest in a string of fierce winter storms will make its way into the Mid-Atlantic region Tuesday, even as the region continues to recover from a blizzard this weekend, news reports said.

February 9, 2010

China Truck Group’s Jan. Sales Jump 300%

China National Heavy Duty Trunk Group Co., that country’s largest heavy truck producer, sold 16,653 vehicles in January, up more than 300% from a year earlier, Bloomberg reported Tuesday.

February 9, 2010

P.A.M. Reports Fourth-Quarter Loss

P.A.M. Transportation Services reported a fourth-quarter loss of $3.9 million, or 42 cents per share, compared with a loss of $11.4 million, or $1.19, a year earlier.

February 9, 2010

California Releases $20 Million in Hybrid Funding

The California Air Resources Board has launched a $20 million funding assistance program designed to stimulate the purchase of hybrid trucks and buses that reduce diesel emissions.

February 9, 2010