Trailer maker Wabash National Corp. said Monday its fourth-quarter profit was $5.6 million, or 18 cents a share, compared with a loss of $5 million, or 16 cents, a year ago.
February 11, 2008Business
Old Dominion Buys Montana Carrier
Less-than-truckload carrier Old Dominion Freight Line said Monday it signed an agreement to buy a Montana trucking company. Terms were not released.
February 11, 2008BusinessGovernmentSafetyFuel
Letters to the Editor: Reefer Rules, Fuel Tax Increase, Left Lane 鈥楤an鈥
Transport Topics does a service to its readership with its continuing coverage of environmental regulations, and the Jan. 21 issue is no exception.
February 11, 2008GovernmentBusinessTechnologyEquipmentSafety
Ryder Boosts Dividend
Ryder System鈥檚 board approved a 2-cent increase in its quarterly dividend, to 23 cents a share.
February 11, 2008Business
Ryder Boosts Dividend
February 11, 2008
BusinessSafetyGovernmentLogistics
NHTSA Seeks Ways to Use Technology to Reduce Truck-Involved Fatalities
A high-ranking federal safety regulator said truck-involved fatalities have been stuck at a 鈥渞elatively flat鈥 level for years, and that trend leads officials at the National Highway Traffic Safety Administration to recommend using 鈥淏uck Rogers鈥-style technologies to lower accident rates.
February 11, 2008BusinessSafetyGovernment
Trimac Names Connard U.S. Unit President
Bulk transporter Trimac Transportation said it had promoted Tom Connard to president of Trimac鈥檚 U.S. operations.
February 11, 2008BusinessFuelGovernmentSafetyLogistics
Towne Air Freight Buys Synergy Cargo Logistics
Towne Air Freight said it acquired Synergy Cargo Logistics, which will give Towne a greater presence in the southwestern United States. Terms were not disclosed.
February 11, 2008BusinessSafetyGovernment
DOT Budget Cuts Highway Funding
President Bush鈥檚 proposed Transportation Department budget for next year would increase DOT鈥檚 spending slightly but cut highway spending more than $2 billion from last year, and it proposes to borrow funds from mass transit to cover a shortfall in the Highway Trust Fund.
February 11, 2008BusinessGovernmentSafety
Carriers Focus on Business Fundamentals to Get Through Hard Times
If there is a silver lining in the current freight recession, it might be that the challenging economic environment is forcing carriers to focus more closely on business fundamentals to keep the bottom line healthy.
February 11, 2008