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FMCSA’s Sandberg Says Hill Unlikely to Codify HOS Rule

WASHINGTON — The head of the Federal Motor Carrier Safety Administration said the truck-safety agency was unlikely to succeed in convincing Congress to write driver hours-of-service regulations into law, a move FMCSA had sought to insulate its rule from lawsuits.

April 27, 2005

March Durable Goods Orders Fall, Commerce Says

U.S. orders for durable goods fell by 2.8% in March, the Commerce Department reported Wednesday.

April 27, 2005

P.A.M. Reports Higher First-Quarter Profit

Truckload carrier P.A.M. Transportation Services Inc. said late Tuesday its net income for the first quarter was $2.9 million or 26 cents per share, compared with $2 million or 18 cents last year.

April 27, 2005

C.H. Robinson Reports Improved 1Q Earnings

Logistics provider C.H. Robinson Worldwide Inc. said late Tuesday its net income for the first was $41.8 million or 48 cents per share, up from $29.1 million or 34 cents a year earlier.

April 27, 2005

Earnings at Forward Air Increase

Forward Air Corp., a contractor to the air cargo industry, said late Tuesday its first-quarter net income was $8.7 million or 27 cents per share, compared with $6.8 million or 21 cents in last year’s first quarter.

April 27, 2005

PHMSA Issues Final Rule Defining Hazmat Transport

Click here to write a Letter to the Editor. img src="http://www.ttnews.com/images/printeditiontag_new.gif" width=120 align=right>The Pipeline and Hazardous Materials Safety Administration issued its final rule defining the transportation of hazardous materials in a Federal Register notice April 15. The agency said its rule clarifies where other agencies can regulate some portions of hazmat shipping.

April 27, 2005

CNF Names Con-Way Executive Douglas Stotlar Its New CEO

CNF Inc. said Tuesday that its Board of Directors elected Douglas Stotlar the company’s new chief executive officer.

April 26, 2005

Segmentz Shakes Up Management; CEO Steps Down

Transportation and logistics services company Segmentz Inc. said Tuesday that its chief executive officer and chief operating officer had resigned and that it added a new board member.

April 26, 2005

U.S. Retail Diesel Bounces Back, Rising 3 Cents to $2.289

After falling a week earlier, the average price of U.S. retail diesel fuel bounced back up, rising 3 cents to $2.289 a gallon, the third-highest price on record, the Department of Energy reported Monday.

April 26, 2005

Paccar Reports Record Quarterly Earnings

Truck maker Paccar Inc. said Tuesday its first-quarter profit rose 50% to a record $274 million or $1.56 a share, compared with $182.2 million or $1.03 a year ago.

April 26, 2005

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