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UPS Inc. said late Thursday it increased its quarterly dividend to 42 cents a share, from 38 cents.

to write a Letter to the Editor.
Undoubtedly, there is a need to pursue alternatives to decrease fuel consumption, lower our dependency on fossil fuels, promote cleaner air and reduce CO2 emissions.

American Trucking Associations has filed a petition with the Federal Motor Carrier Safety Administration last week seeking amendments to rules regarding employer notification and drivers.

Several groups representing truckers and motorists said Friday they have banded together to combat a growing trend toward the privatization or leasing of existing toll facilities to private investors.

Toronto-based transportation and logistics firm Vitran Corp.’s fourth-quarter profit was $5 million or 37 cents a share, compared with $5 million or 39 cents a year earlier.

Tire retreader Bandag Inc. reported fourth-quarter net income of $10.9 million or 56 cents a share, compared with $12 million or 62 cents a year earlier.

Swedish truck maker Scania AB plans to boost 2006 shareholder dividends to about $1.43 billion, as booming European sales leave truck makers flush with cash, Bloomberg reported Thursday.

Transportation and third-party logistics firm Pacer International’s fourth-quarter net income rose to $21.5 million or 57 cents a share, from $20.4 million or 54 cents a year earlier.

Wholesale inventories fell 0.5% in December, the most since May 2003, as sales surged, the Commerce Department reported Thursday.

First-time U.S. jobless claims rose 3,000 last week to 311,000, the Labor Department said Thursday.