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Business, Safety, Government

DOT Freight Transport Index Drops 0.4% in March

Tom Biery/Trans Pixs

The Department of Transportation’s freight transportation services index fell 0.4% in March from the same month last year, DOT said Wednesday.

May 14, 2008
Government, Business, Safety

Deutsche Post’s 1Q Profit Drops

TT File Photo

Deutsche Post said Wednesday its first-quarter profit fell 18% on a writedown of a German unit and slowing U.S. economic growth that hurt its U.S. DHL division, Bloomberg reported.

May 14, 2008
Business, Safety, Equipment, Government

ArvinMeritor Sets Commodity Surcharge

Auto and truck component maker ArvinMeritor Inc. said late Tuesday it will institute a monthly surcharge for components due to rising materials prices.

May 14, 2008
Business, Safety, Government

Trimac’s 1Q Earnings Decline

Canada-based transportation firm Trimac Income Fund said its first-quarter net earnings fell to C$600,000, or about 2 cents per unit, from C$1.5 million, or 5 cents, a year ago.

May 13, 2008
Government, Business, Safety, Fuel

Diesel Soars 18.2¢ to Record $4.331

Bruce Harmon/Trans Pixs

Diesel fuel jumped 18.2 cents to a new record Monday, averaging $4.331 a gallon at the pump nationwide, the Department of Energy said.

May 13, 2008
Business, Technology, Equipment, Safety

Ryder Completes Gator Leasing Acquisition

Ryder System said late Monday it has completed its acquisition of Gator Leasing, privately held company based in Miami.

May 13, 2008
Business, Safety, Government

Xata Reports Second-Quarter Loss

Transportation software firm Xata Corp. said Monday it lost $1.4 million, or 17 cents a share, in its fiscal second quarter, compared with a loss of $900,000, or 12 cents, a year ago.

May 12, 2008
Government, Business, Safety, Fuel

Letters to the Editor: Border Program, Gas Tax Reality, Unpaid Miles, Fuel Prices

I agree with Secretary of Transportation Mary Peters: Congress should continue the cross-border program between the United States and Mexico.

May 12, 2008
Government, Business, Safety

Court Upholds Graves Amendment on Liability

The New York Court of Appeals has upheld the constitutionality of a federal law, known as the Graves Amendment, that bars claims against leasing companies because of actions of equipment lessees.

May 12, 2008
Government, Business, Safety, Fuel, Equipment

Calif. Says Mack, VTNA, Cummins Engines Meet NOx Standard, Exempt From Idling Rule

The California Air Resources Board has confirmed to Transport Topics that Mack Trucks Inc., Cummins Inc. and Volvo Trucks North America have received certification that their heavy-duty engines meet California’s nitrogen oxide emission standards, providing users an exemption from the state’s five-minute idling regulation.

May 12, 2008

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