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Mullens 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, 2007Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.
Chip Watkins Resigns as CEO of FedEx National LTL
FedEx National LTL, FedEx Corp.s long-haul less-than-truckload unit, said that Chip Watkins, the divisions president, has resigned for personal reasons.
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, 2007Clarke Reports Higher Fourth-Quarter Profit
Canadian holding company Clarke Inc. on Monday reported fourth-quarter net income of C$4.4 million or 28 cents a share, up from C$3.2 million or 23 cents a year earlier.
March 5, 2007More Fleets Enter China Offering Trucking, Logistics
Schneider National Inc., which recently received a license to operate as a domestic carrier in China, is at the leading edge of a growing Asian investment wave by U.S. fleets, joining both truckload and less-than-truckload companies that have partnerships or logistics operations there.
Unions Reach Tentative Five-Year Pact With Freight Railroads
A coalition of seven rail labor unions said late Wednesday it has reached a tentative agreement on a national contract with U.S. freight rail lines.
March 1, 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, 2007February Chicago Manufacturing Index Falls
A gauge of Chicago manufacturing activity fell in February, the National Association of Purchasing Management-Chicago said Wednesday.
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, 2007