Truckload carrier Werner Enterprises said Wednesday its fourth-quarter net income fell 30% to $15.6 million or 22 cents a share, from $24 million or 31 cents a year earlier.
January 23, 2008Government, Business, Safety, Fuel
Maine Suspends Some Weight Restrictions Due to Fuel Prices
Maine Gov. John Baldacci (D) signed a bill to temporarily allow trucks hauling forest products to exceed state weight limits by 5% in hopes of helping them offset high fuel prices, the Associated Press reported.
January 23, 2008Business, Government
Oklahoma to Begin Truck-Weighing Technology Program
Oklahoma officials are set to begin a $61 million project to build nine state-of-the-art inspection stations will improve highway safety and better enforce truck weight laws, the Associated Press reported.
January 23, 2008Business, Logistics
CN’s Fourth-Quarter Profit Rises
Canadian National Railway Co. said its fourth-quarter net income rose C$833 million or C$1.68 per share, from C$499 million or 95 cents per share a year earlier.
January 23, 2008Business, Logistics
Norfolk Southern’s 4Q Profit Improves
Eastern freight rail line Norfolk Southern Corp.’s fourth-quarter profit rose 3.6% and the railroad increased its dividend, the company said late Tuesday.
January 23, 2008Fuel, Business, Logistics, Government
Diesel Drops 5.6¢ to $3.27
The average national price of diesel fuel fell for a second straight week, dropping 5.6 cents to $3.27 a gallon, the Department of Energy said Tuesday.
January 22, 2008Business, Government
USF Holland Offers New U.S.-Canada Delivery Service
Less-than-truckload carrier USF Holland said Tuesday it launched a new guaranteed service to and from Canada.
January 22, 2008Business, Fuel
Letters to the Editor: Technology, Software Trend, Idling Regs
The issue of pollution is well understood, and few today would argue the link between global warming and emissions.
January 22, 2008Business, Logistics, Technology, Equipment, Safety
Descartes Acquires Fluensee’s MobiTrac
Canadian Logistics software provider Descartes Systems Group said it has acquired Fluensee Inc.’s MobiTrac fleet management business.
January 22, 2008Business
Arsenault Associates Reports Revenue Growth
Fleet management technology provider Arsenault Associates reported Tuesday its third consecutive year of double-digit revenue growth.
January 22, 2008