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Ryder Sets 2 Million Share Stock Repurchase Plan
Ryder System said Monday that its board authorized repurchase of up to two million shares of its stock.
May 8, 2006Intermodal Traffic Continues to Rise, AAR Reports
Rail intermodal traffic jumped 9.8% in the week ended April 29 over the same week last year, the Association of American Railroads reported.
May 8, 2006Products to Cut Drag Show Fuel Savings in Tests
The National Research Council of Canada said recent wind-tunnel tests showed that some aerodynamic products can help heavy-duty trucks save between two and three gallons of fuel per 100 miles by reducing drag.
May 8, 2006Couriers Invest in Web Sites, Software, Networks
Parcel couriers are consuming technology voraciously to provide their drivers with sophisticated hand-held delivery devices, route their trucks more efficiently and create appealing Web sites where their customers and their customers’ customers will choose to do business instead of making telephone calls to carrier personnel.
May 8, 2006Smaller Couriers Pursue Information Technology Systems
UPS and FedEx so dominate the American public’s mind when it comes to parcel shipping, it took an international invasion from Deutsche Post’s DHL division to significantly alter the market. However, there are smaller parcel couriers serving niche markets and they, too, are investing in technology.
May 8, 2006Gasoline Prices Continue Climb, Lundberg Reports
The average national price of self-serve regular gasoline rose 4 cents to $2.95 a gallon in the two weeks ended Friday, according to the latest Lundberg Survey of filling stations released Sunday.
May 8, 2006Groups Say New Diesel Technology on Track for ’07 Regs
Environmental Protection Agency officials met Monday with trucking industry and environmental leaders and makers of diesel technology engines, as the Jan. 1 compliance date for 2007 new diesel emissions standards draws closer.
May 8, 2006Technology Briefs — May 2 - May 8
Mississippi Defeats Biodiesel Mandate • Comdata Corp. Joins ATA • Michigan Considering Lower Tax on AltFuels • Sirius, XM Post 1Q Losses, Gain More Subscribers
May 8, 2006Fires, Smoke Close Parts of I-95 and I-75 in Florida
Smoke from brush fires mixed with fog prompted Florida authorities to close parts of Interstate 95 between Daytona Beach and the Cape Canaveral area, news reports said Monday.
May 8, 2006Quality’s 1Q Income Gains; Revenue Reaches Record
Tank truck carrier Quality Distribution reported net income of $4.5 million or 23 cents a share in the first quarter, up from $2.9 million or 15 cents a year ago.
May 5, 2006