Latest transportation Stories

VAN BUREN, Ark., April 19, 2012 /PRNewswire/ -- USA Truck, Inc. (NASDAQ: USAK) today announced base revenue of $97.8 million for the quarter ended March 31, 2012, a decrease of 1.8% from $99.7 million for the same quarter of 2011. We incurred a net loss of $4.9 million ($0.47 per share) for the quarter ended March 31, 2012, compared to a net loss of $2.7 million ($0.26 per share) for the same quarter of 2011. (Logo: http://photos.prnewswire.com/prnh/20110114/DA30069LOGO) Cliff...

WASHINGTON, April 18, 2012 /PRNewswire-USNewswire/ -- Earth Day goes hand in hand with raising environmental awareness - and this year the American Association of State Highway and Transportation officials is using the occasion to share the many ways our members are protecting the environment. "State transportation departments are finding ways to strike a balance between building the highways, bridges and mass transit systems America desperately needs, while being responsible...

WASHINGTON, April 18, 2012 /PRNewswire-USNewswire/ -- Since President Eisenhower pulled the nation together through the building of a national highway network, leaders from both political parties have extolled the importance of a strong, intermodal transportation network to our national competitiveness and local economic vitality. (Logo: http://photos.prnewswire.com/prnh/20081022/NLCLOGO) Fifty years ago, President Kennedy called for federal support for public transportation and...

WOODSTOCK, ON, April 18, 2012 /PRNewswire/ - The Board of Directors of Contrans Group Inc. ("Contrans") (TSX Symbol CSS) announced today that it has declared a dividend of $0.10 per outstanding Class A Subordinate Voting Share and Class B Multiple Voting Share, payable on May 15, 2012 to shareholders of record at the close of business on April 30, 2012. For Canadian resident shareholders the dividend declared is designated as an "eligible dividend" for purposes of the enhanced...

COLORADO SPRINGS, Colo., April 18, 2012 /PRNewswire/ -- Tomorrow, Colorado Gov. John Hickenlooper will sign into law a bill that will position Colorado to capitalize on significant new opportunities in commercial space transportation. Gov. Hickenlooper will sign Senate Bill 35 during an industry luncheon on Thursday, April 19 at the 28th National Space Symposium in Colorado Springs, the premier gathering of the global space community. The law limits liability for companies that...

CAMBRIDGE, Mass., April 18, 2012 /PRNewswire/ -- Zipcar, Inc. (Nasdaq: ZIP), the world's leading car sharing network, today announced the company's expansion into the city of San Jose, CA. The new Zipcar program will provide San Jose residents, visitors and businesses with increased access to affordable, convenient transportation options that reduce congestion and emissions. (Logo: http://photos.prnewswire.com/prnh/20111118/MM09809LOGO ) The Zipcar program will launch with 12...

DULUTH, Minn., April 18, 2012 /PRNewswire/ -- Cirrus Aircraft announced today that its Cirrus Vision SF50 personal jet program, with major investment by its new owner CAIGA, is fully funded through certification and initial production. The company anticipates first customer delivery will take place in 2015. The Cirrus Vision creates a new category in personal aviation - it is the first aircraft of its kind to fill the gap between high performance pistons and traditional turboprop...

JACKSONVILLE, Fla., April 17, 2012 /PRNewswire/ -- Year-Over-Year Highlights: Operating income improves 11 percent to $856 million Operating ratio improves 140 basis points to 71.1 percent Earnings per share increases 23 percent to $0.43 per share CSX Corporation (NYSE: CSX) today announced first quarter net earnings of $449 million, or $0.43 per share, versus $395 million, or $0.35 per share, in the same period last year. This represents a 23 percent year-over-year improvement...

AUBURN HILLS, Mich., April 17, 2012 /PRNewswire/ -- FEV, Inc., leading developers of advanced powertrain and vehicle technologies announced that it will show an innovative outboard motor from Seven Marine at the SAE World Congress, April 24 - 26th at Cobo Center in Detroit, MI. While typically associated with the transportation industry, FEV has long been involved in non-automotive powertrain development and Seven Marine's 557hp outboard motor represents its latest endeavor. FEV is...

BELLEVUE, Ohio, April 16, 2012 /PRNewswire/ -- Norfolk Southern (NYSE: NSC) this month will begin a $160 million project to expand its Bellevue rail yard in Northern Ohio, a project that will double the yard's capacity in order to meet rising demand for freight rail transportation. "Bellevue is already an important terminal for the classification and movement of freight, and this investment will expand and modernize Bellevue, contributing to the fluid movement of long-distance...