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Michelin’s Second-Half ’05 Profit Jumps

Tire maker Michelin’s second-half 2005 profit rose 74% to about $600 million from $340 million a year earlier, Bloomberg reported.

February 14, 2006

Dupre’ Transport Promotes New President

Dupre’ Transport said it has promoted Tom Voelkel to be its president and chief operating officer.

February 14, 2006

Spending on Idle-Reduction Systems Rising, ATRI Says

The trucking industry has already spent $8.8 million in idle-reduction technologies, and over the next five years will spend at least $56 million more to further deploy such systems, according to a new report by the American Transportation Research Institute.

February 13, 2006

Technology Briefs - Feb. 7 - Feb. 13

Cummins Says ’07 Engine Line Will be EPA-Compliant • TMC Technology Exhibit to Include 250 Exhibitors • AirIq Alters Credit Pact With Its Bank • Repair Info Database Tractor-Trailer.net Is Now Online

February 13, 2006

Schneider Purchasing California Freight Forwarder

Schneider National’s logistics unit said Monday it has signed a stock purchase agreement to acquire American Overseas Air Freight, an international freight forwarder and a customs broker.

February 13, 2006

Smithway’s Fourth-Quarter Income Jumps 95%

Flatbed carrier Smithway Motor Xpress Corp. said Monday that its fourth-quarter profit almost doubled, jumping 95% to $755,000 or 15 cents a share, from $387,000 or 8 cents a year earlier.

February 13, 2006

U.S. Xpress to Take Majority Ownership in Arnold, Total

Truckload carrier U.S. Xpress Enterprises said Monday it has reached agreements in principle to increase its ownership interest in Arnold Transportation Services and Total Transportation of Mississippi to 80%, from 49%, for $7.8 million in cash.

February 13, 2006

Knight President Steps Down From Company’s Board

Truckload carrier Knight Transportation said late Friday that Richard Lehmann has been elected as a director and that Timothy Kohl, a director and the president of Knight Transportation, stepped down from the company’s board.

February 13, 2006

Lundberg Reports First Gasoline Price Drop Since November

The national average price for self-serve regular unleaded gasoline fell 3 cents to $2.30 a gallon over the past three weeks, according to the latest Lundberg Survey of filling stations released Sunday.

February 13, 2006

Hazmat Firm Develops Long-Lasting Sensors to Track Shipments

MHF Logistical Solutions said it developed a sensor with a long-lasting battery that will allow its customers to remotely monitor rail cars, containers and their contents.

February 13, 2006