Monthly Archives: February 2013

ATA Says No Delay of HOS Rule Will Cost Trucking Industry $320 Million

2/28/2013 1:30:00 PM Write a Letter to the Editor Tweet  Print This   Bruce Harmon/Trans PixsAmerican Trucking Associations said Thursday the Federal Motor Carrier Safety Administration’s decision not to delay implementation of FMCSA’s hours-of-service rule will cost the trucking industry about $320 million between now and July 1. The group released a letter it wrote [...]

XPO Logistics Reports 4Q Loss

2/27/2013 4:00:00 PM Write a Letter to the Editor Tweet  Print This   XPO Logistics reported a fourth-quarter loss, citing “investments in long-term growth.â€� XPO had a loss of $9.3 million, or 57 cents per share, compared with a loss of $1.5 million, or 27 cents per share, a year ago. Revenue increased about 150% to $108.5 [...]

Expeditors’ Fourth-Quarter Profit Declines

2/26/2013 3:00:00 PM Write a Letter to the Editor Tweet  Print This   Logistics firm Expeditors International of Washington said Tuesday its fourth-quarter profit fell from a year ago on a decline in volume. Net income decreased to $84.2 million, or 40 cents a share, from $93 million, or 43 cents, a year ago. Revenue rose [...]

FMCSA Statement on Fung Wah Bus Transportation, Inc.

<!-- U.S. Department of Transportation Office of Public Affairs 1200 New Jersey Avenue, SE Washington, DC 20590 www.dot.gov/briefing-room.html --> Tuesday, February 26, 2013 FMCSA Statement on Fung Wah Bus Transportation, Inc. <!-- FMCSA finds Fung Wah Bus Transportation, Inc., to be imminent hazard to public safety -->The U.S. Department of Transportation's Federal Motor Carrier Safety [...]

Virginia Lawmakers Approve New Transportation Plan

2/25/2013 4:00:00 PM Write a Letter to the Editor Measure Would Halt VDOT Plan to Toll Interstate 95 Tweet  Print This   Interstate 81 — TT File PhotoThe Virginia General Assembly passed a sweeping transportation plan that would cut the state’s retail taxes on diesel and gasoline and replace them with a wholesale tax on [...]

FMCSA Approves 10th Mexican Carrier for Cross-Border Program

2/22/2013 12:30:00 PM Write a Letter to the Editor Tweet  Print This   The Federal Motor Carrier Safety Administration said it authorized Mexican carrier Grupo Behr de Baja California as the 10th participant in a longhaul cross-border pilot program. The Mexican cross-border pilot project was originally created during the George W. Bush administration under provisions [...]

UPS Expands Worldwide Expedited Service

2/22/2013 1:00:00 PM Write a Letter to the Editor Tweet  Print This   UPS Inc.UPS Inc. said it has expdanded its worldwide expedited service by tripling the coverage area and speeding up the delivery timeframe to two to five business days. The company said it now offers its UPS Worldwide Expedited Service to more than [...]

Truck Driver Shortage Could Hurt Canadian Economy, Study Says

2/22/2013 2:00:00 PM Write a Letter to the Editor Tweet  Print This   Canada could experience a shortage of 25,000 to 33,000 for-hire truck drivers by 2020, disrupting not only the trucking industry but the entire Canadian economy, according to a new study released by Conference Board of Canada. The report found that “tens of [...]

Intermodal Traffic Rises 13.6% for Week

2/22/2013 8:30:00 AM Write a Letter to the Editor Tweet  Print This   Larry Smith/Trans PixsU.S. rail intermodal traffic rose 13.6% last week over the same week a year ago, the Association of American Railroads said. AAR did not break down weekly intermodal trailer and container data, as it has previously. The rail trade group [...]

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