Transportation and third-party logistics firm Pacer International said it lost $7.3 million, or 21 cents per share, compared with a profit of $13.4 million, or 39 cents, a year earlier.
August 6, 2009Search
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Record Number of Truckers Head to Pittsburgh to Compete in Annual Super Bowl of Safety
Despite a challenging economic climate, a record number of drivers will participate in the National Truck Driving Championships this week.
August 17, 2009Biodiesel Group Says EPA Rule Threatens Future Production
A proposed U.S. Environmental Protection Agency rule designed to expand biofuel use actually has brought the biodiesel market to a grinding halt, because it does not allow most blends of soy oil, according to the National Biodiesel Board.
August 17, 2009Contrans Second-Quarter Income Falls
Canadian firm Contrans Income Fund said that its second-quarter profit was C$6.2 million, or 20 cents per unit, down from C$10.2 million, or 35 cents, a year ago.
August 12, 2009Opinion: The Customer Service, Dispatch Dilemma
As the recession deepens, there is growing awareness in the transportation industry of the role dispatchers play in keeping third-party logistics firms and freight brokerages competitive, particularly in the areas where dispatch and customer service collide.
August 11, 2009TT 100 For-Hire and Private Listings Available Online
The 2009 Transport Topics 100 for-hire and private listings are available online. The listings, available to download free,show the top 100 U.S. and Canadian carriers in each category.
August 11, 2009Wabash Reduces 2Q Loss, Gets $35 Mln. in New Capital
Trailer maker Wabash National Corp. lost $17.9 million during the second quarter an improvement of more than $10 million from the years first three months, when it lost $28.3 million and announced the completion of a deal with a private equity firm that will give it $35 million in new capital.
August 10, 2009Wabashs Second-Quarter Loss Widens
Trailer manufacturer Wabash National Corp. lost $17.9 million, or 59 cents a share, in the second quarter, compared with a loss of $3.2 million, or 11 cents, a year ago.
August 6, 2009Expeditors Second-Quarter Income Declines
Logistics firm Expeditors International of Washington said Tuesday its second-quarter net income fell 24% to $54.1 million, or 25 cents a share, from $71.3 million, or 32 cents, a year ago.
August 4, 2009Wabash Completes $35 Million Capital Infusion
Trailer maker Wabash National Corp. said it has completed a $35 million investment in the company by a private equity firm.
August 4, 2009