Government
Business, Government

Arkansas Best Corp.’s Fourth-Quarter, Full-Year Income Decline

Arkansas Best Corp.’s fourth-quarter net income fell to $14.2 million or 56 cents a share, from $30.2 million or $1.20 a year earlier, the company said Wednesday.

Transport Topics
January 24, 2007
Business, Fuel, Government

President Pushes Ethanol, Biodiesel in State of Union Address

President Bush outlined an energy plan Tuesday that would boost the use of alternate fuels such as ethanol and biodiesel, and would seek a 20% reduction in gasoline use in the next 10 years, news services reported.

Transport Topics
January 24, 2007
Business, Government, Safety, Logistics

Canadian National Reports Higher 4Q Income, Boosts Dividend

Canadian freight railroad Canadian National Railway Co. reported its fourth-quarter net income rose 16% to C$499 million, with earnings-per-share rising to 95 cents.

Transport Topics
January 24, 2007
Business, Government, Safety, Autonomous

Critics Call Onboard Recorder Proposal Ineffective

The Transportation Department’s recent proposal to use electronic onboard recorders to monitor driver hours is “weak” and ineffective, safety advocacy groups said last week, while some trucking industry organizations applauded the plan.

Sean McNally | Staff Reporter
January 24, 2007
Business, Government, Safety

Letter to the Editor: HOS Problems (Continued)

Click here to write a Letter to the Editor. The problem is not with the “black box,” it’s with the 14-hour rule. We are not children, we are professionals. So why doesn’t anyone understand the problem? We are always up against the wall when it comes to hours of service.

January 24, 2007
Business, Safety, Government, Technology

Security & Safety Briefs — Jan. 18 - Jan. 24

Driver Gets Life in Smuggling Deaths • New Passport Rule Takes Effect • Okla. Study Cites Cellphone Accident Hazards • N.D. Lawmaker Wants 40-Mph Minimum on Interstates

January 24, 2007
Business, Fuel, Government

Crude Oil Price Rises, Topping $55 a Barrel

Crude oil prices surged more than $2 a barrel Tuesday after Energy Secretary Samuel Bodman said President Bush plans to double the size of the U.S. Strategic Petroleum Reserve by 2027, Bloomberg reported.

Transport Topics
January 23, 2007
Business, Fuel, Government

Diesel Dips 3.3 Cents to $2.43; Gasoline Falls to $2.165

The average price of retail diesel fuel fell 3.3 cents to $2.43 a gallon, the Department of Energy said Monday.

Transport Topics
January 23, 2007
Business, Safety, Government

Swift Founder Jerry Moyes to Buy Company for $2.74 Billion

Swift Transportation Co. agreed late Friday to be acquired by company founder Jerry Moyes for $31.55 a share, or about $2.74 billion, the company said.

Transport Topics
January 22, 2007
Business, Government

Gasoline Prices Fall 14 Cents in Two Weeks, Lundberg Says

Average U.S. retail gasoline prices fell 14 cents over the past two weeks to $2.18 a gallon, according to the latest Lundberg survey of gasoline prices released Sunday.

Transport Topics
January 22, 2007

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