Safety
Business, Safety, Government, Logistics

Pacer’s Fourth-Quarter Income Rises; Revenue Dips

Transportation and third-party logistics firm Pacer International’s fourth-quarter net income rose to $21.5 million or 57 cents a share, from $20.4 million or 54 cents a year earlier.

Transport Topics
February 8, 2007
Business, Safety, Government

P.A.M. Reports Flat 4Q; Income, Revenue Rise for Year

Truckload carrier P.A.M. Transportation Services said Wednesday it earned $4.3 million or 41 cents a share for the fourth quarter, the same as its previous fourth quarter earnings.

Transport Topics
February 7, 2007
Business, Safety, Government, Logistics

Company Withdraws from $1.2 Billion Buyout Plan of EGL

Transportation and logistics firm EGL Inc. said Wednesday that the private firm set to buy the bulk of EGL’s stock and take the company private pulled out of the $1.2 billion deal, citing concerns about EGL’s impending 2006 earnings report.

Transport Topics
February 7, 2007
Business, Government, Safety

Truckers Seen Supportive of SoCal Ports’ OffPeak Program

A growing number of truckers report higher earnings since the ports of Long Beach and Los Angeles instituted their OffPeak program July 2005, the program’s sponsors said.

Transport Topics
February 7, 2007
Business, Government, Safety

Fourth-Quarter Productivity Rises 3%

U.S. productivity rose 3% in the fourth quarter, following a 0.1% decline in the third quarter, the Labor Department said Wednesday.

Transport Topics
February 7, 2007
Business, Government, Safety

Some Electronic Onboard Recorder Makers Applaud Mandate

Manufacturers of electronic onboard recorders had differing views of the federal government’s proposal to require recorders for some motor carriers, with some saying the government was treating EOBRs punitively and others hailing the move as an important safety development.

Sean McNally | Staff Reporter
February 7, 2007
Business, Safety, Government

Bush Proposes Boost in DOT Spending for FY ’08

President Bush’s proposed budget for fiscal year 2008 asks Congress for a 10% increase in transportation spending to $63.7 billion, Bloomberg reported Tuesday.

Transport Topics
February 6, 2007
Business, Safety, Government

Continued Cold Weather Causing Problems on Roads

Continued frigid temperatures across the Plains states, Midwest and East Coast are causing problems and hazards on roadways, and snow was forecast in some regions of the Midwest for Tuesday, news services reported.

Transport Topics
February 6, 2007
Business, Government, Safety

Teamsters Oppose Allied’s Motion to Void Contract

Auto hauler Allied Holdings filed a motion Friday asking that an Atlanta bankruptcy court void the contract between the Teamsters union and Allied and allow the company to implement the wage, benefits and work-rule concessions it has been seeking, the Teamsters said.

Transport Topics
February 5, 2007
Business, Technology, Equipment, Safety

Technology Briefs — Jan. 30 - Feb. 5

Analyst Says More Ethanol Won’t Stem Consumption • Extol to Provide Software to C.R. England • J.B. Hunt Chooses PAR System for Reefer Tracking

February 5, 2007

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