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Business, Government, Safety, Logistics

TransForce Posts Lower 2Q Profit

Canadian transportation firm TransForce Income Fund said late Wednesday it earned C$26.3 million or 31 cents a share in the first quarter, down from C$34.9 million or 40 cents a year earlier.

August 8, 2007
Business, Safety, Government, Logistics

Mullen Group's Profits Sink in Second Quarter

Canadian transportation firm Mullen Group Income Fund said its second-quarter profit plunged 57.3% to C$16.6 million or 21 cents a share, from C$38.9 million or 64 cents a year earlier.

August 8, 2007
Business, Safety, Government

Transportation Services Index Falls, DOT Says

Dan De Los Monteros for TT

The Department of Transportation said Wednesday that its transportation services index for June fell 0.7% from May.

August 8, 2007
Government, Business, Safety, Logistics

Pacer's Earnings Decline in 2Q

Transportation and third-party logistics firm Pacer International on Wednesday said its second-quarter net income fell 13.8% to $12.5 million or 34 cents a share, from $14.5 million or 38 cents a year ago.

August 8, 2007
Business, Fuel, Government, Safety

Atlas Air’s Second-Quarter Earnings Rise

Air cargo company Atlas Air Worldwide Holdings said Wednesday it earned $43.2 million or $2.01 a share in the second quarter, up from $10.7 million or 51 cents a year ago.

August 8, 2007
Business, Safety, Government

WSDOT to Close Portions of I-5 North

The Washington Department of Transportation said it is preparing to close a 1.1 mile stretch of Interstate 5, a major highway leading to downtown Seattle, for a 19 day repair project.

August 8, 2007
Government, Business, Safety

Nerve Agent Waste Transfers Okay to Proceed, Judge Says

A federal judge in Indiana has denied environmentalists' request that he block truck shipments of nerve agent waste from Newport Chemical Deport in the Western portion of the state to an incinerator in Texas, the Associated Press reported.

August 8, 2007
Business, Safety, Technology, Government, Logistics

CSX Transportation, Kentucky to Cooperate on Rail Security

Freight railroad CSX Transportation said it has entered into an agreement with the state of Kentucky under which state law enforcement officials will be able to track the location of CSX trains and monitor the contents of the carrier’s railcars.

August 8, 2007
Government, Business, Safety

Editorial: Repairing the HOS Rule

It’s unfortunate that the U.S. Circuit Court of Appeals voted to vacate portions of the newest hours-of-service rule put forth by the Federal Motor Carrier Safety Administration.

August 7, 2007
Government, Business, Safety

Second-Quarter Productivity Rises 1.8%

Second-quarter U.S. worker productivity rose 1.8%, the Labor Department said Tuesday.

August 7, 2007

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