Monthly Archives: April 2011

Tornado Outbreak Destroys Truckstop, Damages Shippers Throughout the South

You can see what's left of a trailer in this photo of tornado damage in Tuscaloosa, Ala., shot by a WTI Transport employee. By Tom Nunlist, Associate Editor, and Deborah Lockridge, Editor in Chief [UPDATED] Damaged trucks at Glad Spring Petro station revised up from 40 to 300. Tornadoes that ravaged wide swaths of the [...]

Pacer Posts First-Quarter Profit

 Updated: 4/28/2011 10:15:00 AM Pacer International said Thursday it posted a first-quarter profit compared with a loss a year ago. Pacer earned $2 million, or 6 cents a share, compared with a loss of $500,000, or 1 cent, a year ago. Revenue slipped to $358.4 million, from $363.7 million. Income from operations rose to $3.9 [...]

Federal Motor Carrier Safety Administration Completes Compliance Sweep of Moving Companies in Nine Major Cities

U.S. Department of Transportation Office of Public Affairs 1200 New Jersey Ave., S.E. Washington, DC 20590www.dot.gov/affairs/index.htmlFMCSA 10-11 Friday, April 29, 2011 Contact: Candice Tolliver Tel.:(202) 366-9999Federal Motor Carrier Safety Administration Completes Compliance Sweep of Moving Companies in Nine Major CitiesWASHINGTON, DC - Three household goods moving companies are facing civil penalty fines of $25,000 each [...]

UPS Q1 Earnings Up 24%

UPS announced diluted earnings per share of 88 cents for the first quarter of 2011, a 24 percent improvement over the adjusted 71 cents for the prior-year period. Global revenue grew 7.3 percent, producing a 21 percent increase in operating profit to $1.4 billion. On a reported basis, diluted earnings per share and operating profit [...]

Norfolk Southern’s 1Q Profit Improves

 Updated: 4/28/2011 8:20:00 AM Norfolk Southern Corp.’s first-quarter profit rose from the same quarter last year on higher freight levels, the Eastern freight railroad said late Wednesday. Net income rose to $325 million, or 90 cents per share, up from $257 million, or 68 cents, a year ago. Railway operating revenue rose 17% to $2.6 [...]

Remarks to the CVSA Workshop General Session

Prepared Remarks by Anne S. FerroFMCSA AdministratorCVSA WorkshopGeneral SessionRosemont, ILIntroduction Good morning everyone. Thank you very much, Captain Dowling. I'm honored to be here today with so many of our state and local law enforcement partners. I truly value our partnership and the important service you provide to advancing safety - our number one mission [...]

FMCSA Advisory Committee to Make Recommendations on Sleep Apnea

A driver for Schneider National, which has been an industry leader in sleep apnea testing, demonstrates the equipment used to treat the condition. By Oliver B. Patton, Washington Editor The next step in the federal effort to address sleep apnea in truck drivers will come this summer, when the Federal Motor Carrier Safety Administration will [...]

Volvo’s Income, Truck Sales Increase

 Updated: 4/27/2011 1:45:00 PM Volvo AB Wednesday said its first-quarter sales and net income increased as worldwide truck sales rose. Sweden-based Volvo AB’s net income more than doubled to $607 million, while sales rose 22% to $7.8 billion. Operating income more than doubled, to $1.1 billion. Volvo reports its earnings in Swedish krona. First-quarter Volvo [...]

Remarks to the FMCSA MCSAP Leadership Conference

Prepared Remarks by Anne S. FerroFMCSA AdministratorFMCSA MCSAP Leadership ConferenceRosemont, ILApril 11, 2011Introduction Good morning everyone. Thank you very much, Captain Dowling. I'm honored to be here today with so many of our state and local law enforcement partners. You are the force multiplier that makes commercial motor vehicle safety a reality. I truly value [...]

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