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Patriot Reports Higher 2Q Transportation Revenue
Patriot Transportation Holding Inc. said late Wednesday that net earnings for its second quarter ended March 31 were $1.5 million or 51 cents, compared with $6.9 million or $2.34 a year earlier.
April 27, 2005TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
ATA's Truck Tonnage Index Slips 3.3% in March
Click here to write a Letter to the Editor. verall trucking freight volumes fell 3.3% on a seasonally adjusted basis to 111.6 in March, according to an American Trucking Associations index released Wednesday.
April 27, 2005Security & Safety Briefs - April 21 - April 27
U.S. Reportedly Not Heeding 9/11 Commission Findings • Senate Approves Negroponte as Intelligence Chief • Worldwide Terrorist Attacks on Rise, Paper Says • DHS Awards $9.6 Mln. in Bus Security Grants
April 27, 2005Appeals Court Hears Arguments on D.C. Hazmat Law
Click here to write a Letter to the Editor.A federal appeals court heard oral arguments Wednesday on a motion by CSX Transportation seeking to overturn a District of Columbia law restricting rail hazardous materials shipments in the capital.
April 27, 2005Norfolk Southern Reports Record Revenue in 1Q
Eastern freight railroad Norfolk Southern Corp. reported Tuesday it earned $194 million or 47 cents a share, a 23% rise from last year’s $158 million or 40 cents.
April 27, 2005CNF Names Con-Way Executive Douglas Stotlar Its New CEO
CNF Inc. said Tuesday that its Board of Directors elected Douglas Stotlar the company’s new chief executive officer.
April 26, 2005Segmentz Shakes Up Management; CEO Steps Down
Transportation and logistics services company Segmentz Inc. said Tuesday that its chief executive officer and chief operating officer had resigned and that it added a new board member.
April 26, 2005U.S. Retail Diesel Bounces Back, Rising 3 Cents to $2.289
After falling a week earlier, the average price of U.S. retail diesel fuel bounced back up, rising 3 cents to $2.289 a gallon, the third-highest price on record, the Department of Energy reported Monday.
April 26, 2005Paccar Reports Record Quarterly Earnings
Truck maker Paccar Inc. said Tuesday its first-quarter profit rose 50% to a record $274 million or $1.56 a share, compared with $182.2 million or $1.03 a year ago.
April 26, 2005Transport Corp. of America’s Profits Rise Slightly
Truckload carrier Transport Corp. of America Inc. reported Tuesday its first-quarter earnings were $94,000 or 1 cent a share, compared with $71,000 or 1 cent the year before.
April 26, 2005