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DOT Boosts Estimate of Total Freight Shipments

Click here to write a Letter to the Editor. uch more freight moves through the nation’s transportation system than previously reported, and almost 10% of freight shipments are related to international trade, according to a new report issued by the Department of Transportation.

January 24, 2006

Werner's Fourth-Quarter, Year-End Earnings, Revenue Rise

Click here to write a Letter to the Editor. ruckload carrier Werner Enterprises said late Monday it earned $28.8 million or 36 cents a share in the fourth quarter, up from $25.8 million or 32 cents a year earlier.

January 24, 2006

FedEx Will Pay $400 Million to Buy Out Chinese Partner

Click here to write a Letter to the Editor. edEx Corp. has signed an agreement to buy out a joint-venture partner in China for $400 million, the company said Tuesday.

January 24, 2006

CSX Reports 4Q Profit, Record Operating Income

Click here to write a Letter to the Editor. astern freight rail line parent CSX Corp. Tuesday reported a fourth-quarter profit of $237 million or $1.03 per share, compared with $66 million or 30 cents a year earlier.

January 24, 2006

DOT Inspector General Kenneth Mead Resigns

Click here to write a Letter to the Editor. .S. Department of Transportation Inspector General Kenneth Mead announced his resignation, effective Feb. 11.

January 24, 2006

Landstar Denies It Was Overpaid for Katrina Relief Services

Click here to write a Letter to the Editor. andstar System denied it was overpaid $32 million for services the truckload carrier rendered in the wake of Hurricane Katrina, the Associated Press reported.

January 24, 2006

Conservative Party Wins Canadian Election

Click here to write a Letter to the Editor. onservative party leader Stephen Harper won Canada’s national elections Monday, ending 13 years of rule by the country’s Liberal party, a victory expected to move Canada to the right on economic issues and lead to improved ties with the United States, news services reported.

January 24, 2006

BNSF Reports Record Earnings, Revenue

Click here to write a Letter to the Editor. urlington Northern Santa Fe Corp., which operates the nation’s second-largest freight railroad, Tuesday reported record quarterly earnings for the fourth quarter, annual revenue and earnings per share.

January 24, 2006

Daimler Restructuring to Include Renamed Truck Group Unit

Click here to write a Letter to the Editor. aimlerChrysler, parent of leading U.S. truck maker Freightliner LLC, said Tuesday it will restructure its management and will rename its commercial vehicles division under the name Truck Group.

January 24, 2006

Leading Economic Indicators Gain in December

Click here to write a Letter to the Editor. he index of U.S. leading economic indicators rose for a third straight month in December, but the 0.1% rise pointed to potentially slower growth, Bloomberg reported.

January 23, 2006