Transport Topics
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As federal prosecutors wrapped up their case against him Jan. 31, former Pilot Flying J President Mark Hazelwood opted not to testify or present witnesses on his own behalf.
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Less-than-truckload carrier YRC Worldwide reported Feb. 1 a fourth-quarter net loss of $7.5 million, the same loss amount reported in the fourth quarter a year ago. Analysts surveyed by Bloomberg News had expected earnings per share of 10 cents. Operating income in 2017’s fourth quarter was $11.3 million compared with $14.9 million a year ago. Revenues in this year’s quarter were $1.2 billion, up from $1.1 billion.
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The port of Baltimore set new cargo records in 2017, handling 10.7 million tons of general cargo and the most containers and autos in its history, officials said.
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In a letter to Senate Minority Leader Chuck Schumer, Deputy Transportation Secretary Jeffrey Rosen called on the senator to remove his hold on the nomination of Ronald Batory to lead the Federal Railroad Administration.
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