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Opinion: Include Fleet Managers in Software Decisions
Although 2009 approaches, and technology seems to surround us everywhere we turn, many companies still don’t consider fleet maintenance a first-tier, mission-critical function, putting it instead in the “necessary evil” category.
October 27, 2008Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Fuel Prices Continue Slide
The national average price of diesel fuel fell another 17.7 cents to $3.482 a gallon last week, the lowest level since mid-February, the Department of Energy reported.
October 27, 2008Profits Jump at Largest Railroads Despite Drop in Freight Traffic
North America’s five biggest railroads flexed their pricing muscles to earn $2.85 billion in the third quarter, raising revenue per shipment 20% despite lower freight traffic.
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, 2008Arkansas 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, 2008Rush 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, 2008Knight 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, 2008Greatwide 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, 2008CN'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