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Navteq’s Profit Jumps for Quarter, Year

Navteq Corp., a maker of maps used in transportation navigation, said its fourth-quarter profit rose to $61.9 million, or 61 cents per share, from $42.9 million, or 45 cents, a year earlier.

February 7, 2008

DOT Approves I-73 Project in South Carolina

The Department of Transportation said Friday that South Carolina can move forward with its plans to build Interstate 73 in the state.

February 8, 2008

Maintenance Execs Say Costs, DPF Service Are Top ’07 Issues

ORLANDO, Fla. — Uncertainty about the life cycle of key emission control components and higher maintenance costs have emerged as the top concerns fleets have with 2007 heavy-duty diesel engines, maintenance and equipment heads at several major carriers said here.

February 11, 2008

Carriers Focus on Business Fundamentals to Get Through Hard Times

If there is a silver lining in the current freight recession, it might be that the challenging economic environment is forcing carriers to focus more closely on business fundamentals to keep the bottom line healthy.

February 11, 2008

DOT Budget Cuts Highway Funding

President Bush’s proposed Transportation Department budget for next year would increase DOT’s spending slightly but cut highway spending more than $2 billion from last year, and it proposes to borrow funds from mass transit to cover a shortfall in the Highway Trust Fund.

February 11, 2008

Xata’s Fiscal First-Quarter Loss Widens

Transportation software firm Xata Corp. said Thursday it lost $1 million, or 14 cents a share, in its fiscal first quarter, compared with a loss of $554,000, or 9 cents, a year ago.

February 7, 2008

Hub Group’s Fourth-Quarter Earnings Improve

Third-party logistics company and freight broker Hub Group’s fourth-quarter profit rose 33% to a record $18 million, or 47 cents per share, up from $13.5 million, or 34 cents, a year earlier.

February 7, 2008

Patriot Reports First-Quarter Loss

Patriot Transportation Holding took a fiscal first-quarter loss of $139,000 or 5 cents a share, compared with net income of $2.2 million or 69 cents a year earlier.

February 6, 2008

Fourth-Quarter Productivity Rises 1.8%

U.S. worker productivity rose at an annual rate of 1.8% in the fourth quarter, the Labor Department said Wednesday.

February 6, 2008