Swift Transportation Co. Wednesday said its fourth-quarter profit was $36.8 million, or 26 cents a share, compared with a net loss of $48.3 million, or 66 cents, a year ago.
January 25, 2012Business
Obama Sets Policy to Protect Global Supply Chain
President Obama said for the first time that the United States has a national security interest to protect the nation’s economic goods against terrorists, criminals and natural disasters everywhere in the world, the Associated Press reported Wednesday.
January 25, 2012BusinessLogistics
Norfolk Southern Reports Record Earnings
Norfolk Southern Corp. said its fourth-quarter profit rose 19%, on higher traffic and rates.
January 25, 2012GovernmentBusinessTechnologyEquipment
‘Plenty on Plate’ for FMCSA This Year, Ferro Says
WASHINGTON — The Federal Motor Carrier Safety Administration will move forward with a host of developing rules and regulations regarding trucking this year, Administrator Anne Ferro said Tuesday.
January 24, 2012Business
Truck Tonnage Posts Largest Annual Gain in 13 Years
Truck tonnage rose 5.9% last year over 2010, its biggest annual gain in 13 years, American Trucking Associations said Tuesday.
January 24, 2012BusinessLogistics
CSX Reports Higher 4Q Profit
CSX Corp.’s fourth-quarter profit rose 6% as higher rates offset a decline in volume, the freight railroad said.
January 24, 2012BusinessFuel
Diesel Dips 0.6¢ to $3.848 a Gallon
Diesel fell less than a penny, dipping 0.6 cent to $3.848 a gallon, its first downturn in three weeks, the Department of Energy reported.
January 24, 2012BusinessTechnology
Shorepower Adds Six Electrification Sites
Shorepower Technologies and Cascade Technologies, which provide truck stop electrification, said they are adding six locations in California and Oregon to expand availability of anti-idling equipment.
January 24, 2012BusinessFuel
Hybrid Truck Sales Seen Nearly Doubling
Sales of hybrid and battery electric heavy- and medium-duty trucks will nearly double worldwide this year, and more than 100,000 will be on roadways by 2017, a research group said.
January 24, 2012BusinessEquipment
E&MU: High-Tech Tracking Keeps Parts Shelves Stocked and Ready
To keep their customers’ equipment up and running, truck dealers are increasingly relying on complex algorithms and predictive modeling to maintain inventory levels that will ensure they have the parts truckers need right when they need them, according to dealers and manufacturers.
January 23, 2012