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Arkansas Best’s 1Q Profit Dips on Pension Charge

Arkansas Best Corp., the parent of less-than-truckload carrier ABF Freight System, said Monday its first-quarter profit fell to $6.1 million or 24 cents a share, from $10.5 million or 41 cents a year earlier.

April 24, 2006

ATA, CTA Oppose California Bill Requiring Sale of Biodiesel

American Trucking Associations said it opposed a bill before the California legislature that would require all diesel fuel sold in the state to contain at least 2% biodiesel by 2008 and at least 5% biodiesel by 2010.

April 24, 2006

Sellers Look for Ways to Offset ’07 Slowdown

Truck dealers said they are making plans to weather the expected slowdown in heavy-duty truck sales next year, even as 2006 shapes up as one of their best sales year ever.

April 24, 2006

Caterpillar’s First-Quarter Profit Jumps 45%

Engine and heavy-equipment manufacturer Caterpillar Inc.’s first-quarter profit jumped 45% to $840 million or $1.20 a share, from $581 million or 81 cents a year ago, it reported Monday.

April 24, 2006

Gasoline Average Jumps 24 cents to $2.91, Lundberg Reports

The average national price of self-serve regular gasoline jumped 24 cents to $2.91 a gallon in the two weeks ended Friday, according to the latest Lundberg Survey of filling stations released Sunday.

April 24, 2006

ATD Selects Robert Hunter Dealer of Year

The American Truck Dealers division of the National Automobile Dealers Association named Robert Hunter as its 2006 Dealer of the Year at the ATD annual convention and exhibition in Atlanta, Saturday through Monday.

April 24, 2006

Technology Briefs — April 18 - April 24

Siemens Says Sensor Improves Engine Performance • Pennsylvania Sets Online Insurance Filing System • Descartes Acquires Canadian Tech Firm • Union Pacific Aiding Work New Locomotive Technologies

April 24, 2006

Cross-Border Truckers Urged to Prepare for ACE

More cross-border carriers are getting ready to file electronic manifests before the U.S. Customs and Border Protection makes such filing mandatory as early as August.

April 24, 2006

YRC Worldwide Reports Lower First-Quarter Earnings

Less-than-truckload carrier YRC Worldwide late Monday reported its first-quarter earnings fell to $42.1 million or 71 cents a share, from $49.9 million or 96 cents in the same quarter last year.

April 24, 2006

YRC Worldwide Authorizes Stock Repurchase

YRC Worldwide Friday said its board approved a stock repurchase program authorizing the company to repurchase up to $100 million of its common stock.

April 21, 2006