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Business, Safety, Government, Autonomous

Transportation Stocks Take Hit in Market Tumble

Transportation stocks, including airlines, trucking companies and railroads, were among the hardest hit in Tuesday’s stock market tumble, the Associated Press reported.

February 28, 2007
Business, Safety, Government, Autonomous

Oberstar Suggests Size Test

WASHINGTON — Rep. James Oberstar (D-Minn.), a key transportation legislator and a longtime opponent of increasing truck sizes and weights, told Transport Topics he would now support a pilot study of larger vehicles on U.S. highways.

Sean McNally | Staff Reporter
February 28, 2007
Business, Safety, Technology, Government, Autonomous

Trucking: Don’t Include CBs in Laws Banning Cellphones

Trucking executives said efforts to ban the use of cellular phones from the nation’s highways would receive industry support as long as state laws do not also ban two-way radios and satellite communication devices.

Andrea Fischer | Staff Reporter
February 28, 2007
Business, Safety, Logistics, Autonomous

Letter to the Editor: Speed Limiters

On Oct. 20, American Trucking Associations, in conjunction with “Road Safe America,” a group of nine trucking companies, submitted a petition to the National Highway Traffic Safety Administration and the Federal Motor Carrier Safety Administration.

February 28, 2007
Business, Government, Safety

FedEx to Upgrade Retirement Plans for Most Employees

FedEx Corp. said Tuesday it has set new measures aimed at modernizing the retirement plans for most of its employees, including enhancing its 401(k) plans.

February 27, 2007
Business, Safety, Government, Autonomous

January Truck Tonnage Index Declines 3.6%, ATA Says

American Trucking Associations’ advanced seasonally adjusted truck tonnage index fell 3.6% in January following an increase in December, ATA said Tuesday.

February 27, 2007
Business, Government, Safety, Autonomous

Quality Distribution’s 4Q Income Flat; Full-Year Improves

Tank truck carrier Quality Distribution’s fourth-quarter profit was $6.2 million or 31 cents a share, compared with $6.2 million or 32 cents for the previous fourth quarter.

February 27, 2007
Business, Government, Safety, Logistics

Rail Freight Slowing in First Quarter, Analyst Says

Union Pacific Railroad has laid off 124 people and cut back hours for 455 more because of lower freight demand, the Associated Press reported, and a market analysis firm Monday lowered its market outlook for the rail sector.

February 26, 2007
Business, Safety, Government, Logistics

TransForce Reports Gains in 4Q Income, Revenue

Canadian transportation firm TransForce Income Fund said Monday it earned C$55.1 million or 64 cents a share in the fourth quarter, up from C$35.9 million or 47 cents a year earlier.

February 26, 2007
Business, Fuel, Government, Technology, Equipment, Safety

Demand for Cleaner Engines Seen Growing

UNIVERSAL CITY, Calif. — An official with the Chicago Climate Exchange said the demand for cleaner engines and alternative fuels in the United States will increase as membership in its cap-and-trade emission trading system expands.

Neil Abt | Editorial Director
February 26, 2007