The Department of Transportation鈥檚 freight transportation services index for December fell 0.1% from a year earlier, DOT said Wednesday.
February 13, 2008Search
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Rush Reports Lower 4Q Earnings
Truck dealership Rush Enterprises said its fourth-quarter earnings dipped to $12.3 million, or 32 cents a share, from $15.9 million, or 42 cents, for the previous fourth quarter.
February 13, 2008GM Posts 4Q, Full-Year Loss
General Motors Corp. said Tuesday it took a fourth-quarter loss of $722 million and that it enhanced a buyout plan for its 74,000 U.S. United Auto Workers employees, Bloomberg reported.
February 12, 2008Pacer鈥檚 Fourth-Quarter Profit Mixed
Transportation and third-party logistics firm Pacer International鈥檚 fourth-quarter profit slipped to $20.6 million, from $21.5 million a year ago, but per-share earnings rose to 59 cents a share, from 57 cents a year earlier.
February 12, 2008Court Hears Arguments on Mexican Trucks Program
A federal appeals court heard arguments Tuesday whether the Bush administration can go ahead with the Transportation Department鈥檚 Mexican trucks pilot program, the Associated Press reported.
February 12, 2008Ryder Boosts Dividend
Ryder System鈥檚 board approved a 2-cent increase in its quarterly dividend, to 23 cents a share.
February 11, 2008Towne 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, 2008Trimac 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, 2008Letters 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, 2008NHTSA 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, 2008