Transportation and third-party logistics firm Pacer Internationals third-quarter profit rose 52% to $20.4 million, or 59 cents a share, from $13.4 million, or 38 cents, a year ago.
October 29, 2008Search
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YRC May Cut Up to 3,750 Positions
YRC Worldwide may cut up to several thousand positions in a cost-reduction move that is part of a stepped-up plan to integrate its Roadway and Yellow Transportation units.
October 29, 2008Fed Cuts Key Interest Rate a Half-Point to 1%
The Federal Reserve Wednesday cut a key U.S. interest rate by half a percentage point, to 1%.
October 29, 2008CARB Diesel Regs Available for Public Comment
The California Air Resources Board has made available for public comment the latest draft version of two regulations that are aimed at cleaning up emissions from the estimated 1 million heavy-duty diesel trucks that operate in California.
October 27, 2008Covenant Reports 3Q Loss
Covenant Transportation Group said late Monday it lost $3.4 million, or 24 cents a share, in the third quarter, compared with a loss of $3.6 million, or 25 cents, a year ago.
October 27, 2008Covenant Reports 3Q Loss
Covenant Transportation Group said late Monday it lost $3.4 million, or 24 cents a share, in the third quarter, compared with a loss of $3.6 million, or 25 cents, a year ago.
October 27, 2008DOT Sets $679 Million for Road Repairs
The Department of Transportation is making $679 million available to states to cover costs incurred to repair roads and bridges damaged by a variety of natural emergencies and catastrophic events.
October 24, 2008Opinion: Include Fleet Managers in Software Decisions
Although 2009 approaches, and technology seems to surround us everywhere we turn, many companies still dont consider fleet maintenance a first-tier, mission-critical function, putting it instead in the necessary evil category.
October 27, 2008LTL 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, 2008View 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