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LTL Earnings Sag in 3Q; Carriers See Weaker Demand

Publicly traded less-than-truckload carriers generally posted lower earnings in the third quarter, with several fleets warning that freight volumes would get worse as the fourth quarter unfolds.

October 27, 2008

View of Safety Technology Must Change Before Use Grows, Fleet Executives Say

NEW ORLEANS — Fleet executives said that despite the benefits of using safety technology, attitudes within the industry need to change in order to have wider acceptance.

October 22, 2008

Arkansas Best’s 3Q Income Slips

Arkansas Best Corp.’s third-quarter net income fell to $15.4 million, or 61 cents a share, from $18.9 million, or 75 cents, a year ago.

October 22, 2008

Rush Enterprises’ 3Q Earnings Fall

Truck dealership Rush Enterprises’ third-quarter net income fell to $8 million, or 21 cents a share, down from $13.1 million, or 34 cents, a year ago.

October 22, 2008

Knight Reports Higher 3Q Earnings

Truckload carrier Knight Transportation’s third-quarter profit rose to $16.1 million, or 19 cents a share, from $14.5 million, or 17 cents, a year ago.

October 22, 2008

Greatwide Logistics to be Acquired by Investor Group

Greatwide Logistics Services, a provider of non-asset-based transportation and third-party logistics services, said it will be acquired by a private investor group.

October 21, 2008

CN's Quarterly Profit Improves

Canadian National Railway, Canada’s largest railroad, said its net income rose 14% to C$552 million in the third quarter, or C$1.16 a share, from C$485 million, or 96 cents, a year ago.

October 21, 2008

C.H. Robinson Reports Higher 3Q Income

Transportation and third-party logistics firm C.H. Robinson Worldwide said its third-quarter profit rose to $93.6 million, or 54 cents a share, from $83.7 million, or 48 cents, a year ago.

October 21, 2008

Opinion: Just What the Doctor Ordered

The Federal Motor Carrier Safety Administration soon will introduce a program that will list certified medical examiners on a national registry and require all interstate commercial truck drivers to obtain their medical certification from an approved examiner.

October 21, 2008

Pennsylvania Approves Anti-Idling Law

Trucks in Pennsylvania will be prohibited from idling their engines for more than five minutes in a 60-minute period under a newly enacted state law.

October 20, 2008