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Editorial: Repairing the HOS Rule

It’s unfortunate that the U.S. Circuit Court of Appeals voted to vacate portions of the newest hours-of-service rule put forth by the Federal Motor Carrier Safety Administration.

August 7, 2007

Atlas Air’s Second-Quarter Earnings Rise

Air cargo company Atlas Air Worldwide Holdings said Wednesday it earned $43.2 million or $2.01 a share in the second quarter, up from $10.7 million or 51 cents a year ago.

August 8, 2007

Pacer's Earnings Decline in 2Q

Transportation and third-party logistics firm Pacer International on Wednesday said its second-quarter net income fell 13.8% to $12.5 million or 34 cents a share, from $14.5 million or 38 cents a year ago.

August 8, 2007

Transportation Services Index Falls, DOT Says

The Department of Transportation said Wednesday that its transportation services index for June fell 0.7% from May.

August 8, 2007

Second-Quarter Productivity Rises 1.8%

Second-quarter U.S. worker productivity rose 1.8%, the Labor Department said Tuesday.

August 7, 2007

Hub International Acquires Two Trucking Insurers

Hub International Transportation Insurance Services has acquired two San Antonio-based insurance brokers that provide coverage to the trucking industry, the company said Monday.

August 6, 2007

FedEx Kinkos to Add 300 New Locations

FedEx Corp. will open 300 new FedEx Kinkos stores in the United States by the end of its 2008 fiscal year, the company said Monday.

August 6, 2007

Cooper Tire's 2Q Income Improves

Cooper Tire and Rubber Co. said Monday its net income rose to $17.6 million or 28 cents a share, compared with a net loss of $21 million or 34 cents a share a year ago.

August 6, 2007

Senate Panel Gives EPA October Deadline to Rule on Calif. Carbon Emissions Request

Just weeks after Environmental Protection Agency Administrator Stephen Johnson said he would delay ruling on California’s nearly 2-year-old request for approval to limit vehicle emissions of greenhouse gases until the end of the year, a Senate committee passed a bill directing him to decide by October.

August 7, 2007

Diesel Rises 1.2 Cents to $2.898 a Gallon

The national average price of diesel fuel rose to its highest level this year, climbing 1.2 cents to $2.898 a gallon, the Department of Energy reported Monday.

August 7, 2007