Logistics
Business, Government, Safety, Fuel, Logistics

EPA Postpones Decision on Texas Request To Cut National Renewable Fuel Mandate

The Environmental Protection Agency postponed until early August its decision on whether to grant a request from Texas to cut the national renewable fuels mandate in half, citing the huge number of comments EPA has received on the issue, which has pitted livestock growers against grain producers.

July 28, 2008
Business, Logistics

Existing Home Sales Fall 2.6% in June

Existing homes sales fell in June to the lowest level in a decade, the National Association of Realtors said Thursday.

Transport Topics
July 24, 2008
Government, Business, Safety, Logistics

Hub Group Reports Higher 2Q Earnings

Third-party logistics company and freight broker Hub Group’s second-quarter net income rose to $15 million, or 40 cents a share, from $13.8 million, or 35 cents, a year ago.

Transport Topics
July 24, 2008
Business, Safety, Government, Logistics

Union Pacific’s 2Q Profit Jumps 19%

Union Pacific Corp. said Thursday its second-quarter profit rose 19%, on higher demand for agricultural transportation.

Transport Topics
July 24, 2008
Business, Fuel, Government, Logistics

Norfolk Southern’s 2Q Income Rises 15%

Eastern freight railroad Norfolk Southern Corp. said its second-quarter profit rose 15%, as higher revenue per shipment offset an overall drop in traffic and record fuel prices.

Transport Topics
July 23, 2008
Business, Safety, Government, Logistics

C.H. Robinson’s 2Q Profit Improves

Transportation and third-party logistics firm C.H. Robinson Worldwide said its second-quarter profit rose to $90.4 million, or 52 cents a share, from $82.3 million, or 47 cents, a year ago.

Transport Topics
July 22, 2008
Fuel, Business, Logistics, Government

Diesel Falls 4.6¢ to $4.718 a Gallon

Tom Biery/Trans Pixs

Diesel fuel’s national average pump price fell by the most in six months, dropping 4.6 cents to $4.718 a gallon, the Department of Energy reported.

Transport Topics
July 22, 2008
Business, Logistics

Sterling to Cut Shift, Lay Off 720 Workers at Ontario Plant

Sterling Trucks plans to eliminate one of two shifts and lay off 720 workers in Ontario in November, the Canadian Press reported Thursday.

Transport Topics
July 18, 2008
Government, Business, Safety, Logistics

NHTSA Chief Nicole Nason to Step Down in August

Nicole Nason, administrator of the National Highway Traffic Safety Administration, told Transportation Secretary Mary Peters she plans to leave the agency in August, the Associated Press reported.

Transport Topics
July 17, 2008
Business, Logistics

CSX Reports Higher Second-Quarter Income

Larry Smith/Trans Pixs

Eastern freight railroad CSX Corp. said its second-quarter net income rose 19% to $385 million, or 93 cents a share, from $324 million, or 71 cents, a year ago.

Transport Topics
July 16, 2008

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