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ATA Announces Tuition Finance Plan for Driver Training

American Trucking Associations announced a plan Thursday that would provide financial assistance for truck driver training school to potential truckers.

March 23, 2006

Dana Reports $376 Million Fourth-Quarter Loss

Bankrupt vehicle-parts supplier Dana Corp. said Wednesday its $376 million fourth-quarter net loss more than doubled due to restructuring costs.

March 23, 2006

EGL Inc. Names Charles Leonard as Chief Financial Officer

Transportation and logistics firm EGL Inc. said late Wednesday that it named Charles Leonard as chief financial officer.

March 23, 2006

Stallion Enters Heavy Hauling Market

Stallion Oilfield Services, an oilfield drilling logistics company, said Wednesday it has acquired Oilfield Heavy Haulers, a trucking company based in Louisiana.

March 23, 2006

Initial Jobless Claims Fall 11,000 for Week

The number of workers filing initial unemployment claims fell by 11,000 last week to 302,000 last week, the Labor Department reported Thursday.

March 23, 2006

US 1 Industries Reports 4Q Gain

US 1 Industries Inc. said its net income for the fourth quarter was $558,253 or 5 cents per share, compared with a net loss of $825,267 or a loss of 7 cents per share a year earlier.

March 23, 2006

YRC Worldwide Lowers First-Quarter Earnings Guidance

YRC Worldwide Inc., formerly known as Yellow Roadway Corp., said late Wednesday it expected its first-quarter net income to be in the range of 65 cents to 70 cents a share, significantly below its earlier guidance of $1 to $1.05.

March 23, 2006

Security & Safety Briefs — March 16 - March 22

Software Firm Gets CBP’s OK For ACE System • Train Accidents, Derailments Decline in 2005

March 22, 2006

Oil, Gasoline and Distillate Inventories Decline

Crude oil, gasoline and distillate inventories fell last week, the Department of Energy said Wednesday.

March 22, 2006

Nissan Sells 13% Stake to Volvo; Shares Rise on News of Sale

Nissan Diesel Motor Co., Japan's second-largest automaker, said it will sell 13% of the truck maker's shares to Volvo AB, Europe's biggest truck maker, Bloomberg news reported.

March 22, 2006