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Con-way Announces Buyback of 3.75 Million Shares
Less-than-truckload carrier Con-way Inc. announced on Monday the buyback of 3.75 million shares of common stock.
May 23, 2006FTC Says Refiners Did Not Manipulate Fuel Prices
The U.S. Federal Trade Commission said a nine-month probe of the oil industry after last year's Hurricanes Katrina and Rita showed fuel providers didn't manipulate the market.
May 23, 2006Security & Safety Briefs — May 18 - May 24
Texas Considers Change in Speed Limit to 80 mph • Study Says Miami Has Highest ‘Road Rage’ Rate • U.S. Ports Vulnerable to Earthquake Damage
May 23, 2006TMTA President Bill Webb to Join Frozen Food Express
Bill Webb, current president of the Texas Motor Transportation Association, announced Tuesday he was leaving his post as president to serve as senior vice president for marketing operations and stakeholder value for Frozen Food Express Industries.
May 23, 2006FedEx May Buy Watkins for $1 Bln., Paper Reports
FedEx Corp. is planning to buy Watkins Motor Lines, the largest U.S. privately run less-than-truckload carrier, in what could be a $1 billion deal, the Memphis Commercial Appeal reported Sunday.
May 22, 2006Mineta to Ring Nasdaq Opening Bell Tuesday
Transportation Secretary Norman Mineta will ring the opening bell at the Nasdaq Stock Market on Tuesday.
May 22, 2006Gasoline Price Dips for First Time Since February, Lundberg Says
The average national price of self-serve regular gasoline fell for the first time since February, dropping 2 cents to $2.93 a gallon in the two weeks ended Friday, according to the latest Lundberg Survey of filling stations released Sunday.
May 22, 2006Automatics Gear Up for ’07 Medium-Duty Diesels
Transmission manufacturers say they can alleviate some of the cost burden that will fall on buyers of 2007 medium-duty engines with their new exhaust treatment packages.
May 22, 2006Technology Briefs — May 16 - May 22
Terion Links Trailer-Tracking to Dispatch Data • Wal-Mart Says Fleet Tech Improvements Ahead of Schedule • Kentucky Biodiesel Plant on Track for Next Year • Maine Installs Lasers to Safeguard Highway Overpass
May 22, 2006EPA Releases Model Law for Idling Restrictions
The Environmental Protection Agency has released its model idling law, recommending that heavy-duty truck idling be limited to 30 minutes when loading and unloading and five minutes in most other circumstances.
May 22, 2006