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Companies Use Tracking Technology for Electronic Cargo Security
Many manufacturers provide trucking companies with products that use Global Positioning System satellites to help manage their logistics more seamlessly, but have now found an additional use for the technology.
March 28, 2007Hub Group CFO Tom White Leaves Company
Transportation logistics firm Hub Group Inc. said late Tuesday that Chief Financial Officer Tom White resigned has been replaced by Terri Pizzuto, the company's vice president of finance.
March 21, 2007Mullens 4Q Income Declines; Full-Year Results Improve
Canadian transportation firm Mullen Group Income Fund reported its fourth-quarter profit fell to C$14 million or 17 cents per share, from C$24.7 million or 52 cents a year earlier.
March 7, 2007Diesel Jumps 7.5 Cents to $2.626; Gas Soars 12.2 Cents
The average national price of diesel fuel jumped 7.5 cents to $2.626 a gallon, while gasoline soared 12.2 cents from last week to $2.505, the Department of Energy said Monday.
March 6, 2007Contrans Fourth-Quarter Income Rises
Canadian firm Contrans Income Fund reported it earned C$7.8 million or 34 cents a unit, compared with C$6.3 million or 33 cents a year earlier.
March 6, 2007EGLs Fourth-Quarter Income Falls
Transportation and logistics firm EGL Inc. said its fourth-quarter income fell to $10.9 million or 27 cents a share, from $19.1 million or 47 cents in the previous fourth quarter.
February 28, 2007Letter to the Editor: Speed Limiters
On Oct. 20, American Trucking Associations, in conjunction with Road Safe America, a group of nine trucking companies, submitted a petition to the National Highway Traffic Safety Administration and the Federal Motor Carrier Safety Administration.
February 28, 2007TransForce Reports Gains in 4Q Income, Revenue
Canadian transportation firm TransForce Income Fund said Monday it earned C$55.1 million or 64 cents a share in the fourth quarter, up from C$35.9 million or 47 cents a year earlier.
February 26, 2007Rail Freight Slowing in First Quarter, Analyst Says
Union Pacific Railroad has laid off 124 people and cut back hours for 455 more because of lower freight demand, the Associated Press reported, and a market analysis firm Monday lowered its market outlook for the rail sector.
February 26, 2007Expeditors International Reports Lower 4Q Profit
Logistics firm Expeditors International of Washington on Tuesday said its fourth-quarter profits fell to $62.6 million or 28 cents a share, down from $74.3 million or 34 cents a year ago.
February 13, 2007