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Segmentz Reports Fourth-Quarter Loss
Transportation and logistics services company Segmentz Inc. reported late Wednesday it lost $2.2 million or 8 cents a share in the fourth quarter, compared with a profit of $51,000 or less than 1 cent a share a year earlier.
March 30, 2005TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Stewart & Stevenson Wins Renewed Army Vehicle Contract
Stewart & Stevenson Services Inc. said Wednesday it was awarded a $316 million contract by the U.S. Army to continue truck and trailer deliveries.
March 30, 2005Security & Safety Briefs - March 24 - March 30
DHS Secure Flight Program Reportedly Behind Schedule Gabriel Technologies Buys Risk-Consulting Firm Bush to Re-nominate Conners as NTSB Chairwoman Bill Would Increase Security of Some Hazmat Shipments
March 30, 2005Crude Oil Rebounds Following Early Drop on Inventory Report
Crude oil prices edged up Wednesday after falling in intraday trading following a Department of Energy report that showed stronger-than-expected oil inventories.
March 30, 2005Grocer Ahold Group Reports Higher 4Q Earnings
Grocery firm Ahold Group reported fourth-quarter earnings of about $124 million or 8 cents a share, compared with about $15.5 million or less than 1 cent a year earlier.
March 30, 2005U.S. Xpress Sees 1Q Loss on Fuel Prices, Soft Demand
Truckload carrier U.S. Xpress Enterprises Inc. said Wednesday it is facing a first-quarter loss of 11 cents to 14 cents per share due to high fuel prices and reduced seasonal freight demand.
March 30, 2005Union Pacific to Spend $1.6 Bln. This Year on Track Upgrades
Union Pacific Corp. said Wednesday it will spend almost $1.6 billion this year to improve its rail tracks.
March 30, 2005BNSF to Institute Mileage-Based Fuel Surcharge Program
BNSF Railway Co. said Tuesday it will assess fuel surcharges on a mileage basis starting next year, and that it would be the first mileage-based fuel surcharge in the railroad industry.
March 29, 2005Consumer Confidence Index Falls for Second Straight Month
The Conference Board said Tuesday its index of consumer confidence declined to 102.4 in March from a revised 104.4 in February.
March 29, 2005Judge Presses U.S., CSX Over D.C. Hazmat Plans
WASHINGTON A federal judge said last week he was astounded that neither railroad nor federal officials could tell him what the governments plans were for protecting the U.S. Capitol from possible attacks involving hazardous materials cargo carried by rail.
March 29, 2005