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Hub Group Reports Higher 3Q Profit

Third-party logistics company and freight broker Hub Groups third-quarter profit rose 23%, despite a drop in revenue and intermodal volume.

October 23, 2007

Forward Airs Third-Quarter Profit Declines

Forward Air Corp., a contractor to the air cargo industry, said its third-quarter profit fell 15% to $10.8 million or 36 cents a share, from $12.7million or 41 cents a year ago.

October 23, 2007

FMCSA Eases Hay, Straw Tie-Down Rule

The Federal Motor Carrier Safety Administration said last month that bales of hay and straw could be secured by less stringent methods than standard cargo-securing regulations require, because of the nature of those commodities.

October 19, 2007

HOS, Driver Shortage Top Truckings Concerns

Hours-of-service rules and a shortage of truck drivers top the list in a new survey of more than 5,000 trucking industry executives, the American Transportation Research Institute said Monday.

October 22, 2007

E-Manifests Required in Maine, Minnesota

Truckers are now required to electronically submit manifests detailing cargo and carrier information to U.S. Customs and Border Protection prior to arrival at Maine and Minnesota land border ports of entry, the agency said.

October 22, 2007

iTECH: Theres More to Return on Investment Than a Price Tag

Return on investment is a standard measurement of the dollar value of an information technology system. Small or medium-sized fleets likely focus their financials on cost per truck per seat, in the IT lexicon.

October 19, 2007

Gasoline Pump Prices Gain a Nickel, Lundberg Reports

The average price of regular gasoline rose about 5 cents over the past two weeks, according to the latest Lundberg Survey of filling stations, released Sunday.

October 22, 2007

Diesel Climbs 5.5瞽 to $3.094; Gasoline Jumps 6.1瞽 to $2.823

The average pump price of diesel fuel jumped 5.5 cents to $3.094 a gallon the highest since the all-time record set in the same week two years ago, the Department of Energy said Monday.

October 23, 2007

Kuehne & Nagel Profit Rises 34%

Kuehne & Nagel International AG, the worlds largest ocean freight forwarder, said Monday its third-quarter profit rose 34%, helped by increased air and ocean shipments, Bloomberg reported.

October 22, 2007