U.S. Trade Deficit Widens to Six-Month High
The U.S. trade deficit expanded by 3.7% in December as imports climbed to the highest level in more than three years, the Commerce Department said Friday.
February 10, 2012Consumer Confidence Drops
Consumer confidence declined this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
February 10, 2012P.A.M. Turns Fourth-Quarter Profit
Truckload carrier P.A.M. Transportation Services reported a fourth-quarter profit after posting a loss in the same quarter last year.
February 9, 2012Roadrunner Posts Higher Profit for 4Q, Year
Roadrunner Transportation Systems reported higher fourth-quarter and full-year profits as truckload revenue surged.
February 9, 2012Vitran’s Fourth-Quarter Loss Narrows
Vitran Corp. on Wednesday said its losses for the fourth quarter and full year both declined from a year ago.
February 8, 2012Forward Air’s 4Q Income Rises
Forward Air Corp. said late Tuesday its fourth-quarter net income rose to $14.4 million, or 50 cents per share, from $11.8 million, or 41 cents, a year earlier.
February 8, 2012Senate Passes 4-Year FAA Bill After Five Years of Wrangling
The Senate has passed a long-awaited reauthorization bill for the Federal Aviation Administration, avoiding another shutdown like the one that occurred last summer.
February 7, 2012EPA Funds Available for Drayage Retrofits at Port of Baltimore
The Port of Baltimore is offering short-haul drayage operators and owners who scrap their older engine models up to $20,000 each toward the cost of a Class 8 vehicle that meets or exceeds the 2007 EPA emission certified engine standard.
February 7, 2012Maryland May Apply 6% Sales Tax to All Diesel, Gasoline Purchases
Maryland Gov. Martin O’Malley is poised, perhaps as early as this week, to send lawmakers a plan to apply the state’s 6% sales tax to diesel and gasoline purchases.
February 7, 2012House Panel Drops Big-Truck Plan
Provisions that would have allowed states to permit larger, heavier trucks on interstate highways were voted down last week, just days after the highway reauthorization bill containing the measures was introduced in the House of Representatives.
February 6, 2012