Updated: 4/28/2011 10:00:00 AM The world’s two largest oil companies Thursday reported multi-billion-dollar first-quarter profits, up from a year ago, on higher crude oil prices. Exxon Mobil Corp.’s net income was $10.56 billion, or $2.14 per share,… Read More »Exxon, Shell Post Huge 1Q Profits on High Oil Prices

U.S. Department of Transportation Office of Public Affairs 1200 New Jersey Ave., S.E. Washington, DC 20590www.dot.gov/affairs/index.html DOT 53-11 Friday, April 29, 2011 U.S. DOT Appoints Van Steenburg Assistant Administrator and Chief Safety Officer of the… Read More »U.S. DOT Appoints Jack Van Steenburg as Assistant Administrator and Chief Safety Officer of the Federal Motor Carrier Safety Administration

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]… Read More »Tornado Outbreak Destroys Truckstop, Damages Shippers Throughout the South

 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,… Read More »Pacer Posts First-Quarter Profit

U.S. Department of Transportation Office of Public Affairs 1200 New Jersey Ave., S.E. Washington, DC 20590www.dot.gov/affairs/index.html FMCSA 10-11 Friday, April 29, 2011 Contact: Candice Tolliver Tel.:(202) 366-9999 Federal Motor Carrier Safety Administration Completes Compliance Sweep… Read More »Federal Motor Carrier Safety Administration Completes Compliance Sweep of Moving Companies in Nine Major Cities

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… Read More »UPS Q1 Earnings Up 24%

 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… Read More »Norfolk Southern's 1Q Profit Improves

Prepared Remarks by Anne S. FerroFMCSA AdministratorCVSA WorkshopGeneral SessionRosemont, IL Introduction 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… Read More »Remarks to the CVSA Workshop General Session

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… Read More »FMCSA Advisory Committee to Make Recommendations on Sleep Apnea

 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%… Read More »Volvo's Income, Truck Sales Increase

Prepared Remarks by Anne S. FerroFMCSA AdministratorFMCSA MCSAP Leadership ConferenceRosemont, IL April 11, 2011 Introduction Good morning everyone. Thank you very much, Captain Dowling. I’m honored to be here today with so many of our… Read More »Remarks to the FMCSA MCSAP Leadership Conference

Average freight rates continue to rise, according to the First Quarter Business Expectations Survey by Transport Capital Partners, with larger carriers reporting smaller increases than the smaller companies. Most of the rate increases were less… Read More »Carrier Survey Finds Rates Up For Majority