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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, 2006Dana 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, 2006EGL 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, 2006Stallion 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, 2006Initial 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, 2006US 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, 2006YRC 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, 2006Security & Safety Briefs — March 16 - March 22
Software Firm Gets CBP’s OK For ACE System • Train Accidents, Derailments Decline in 2005
March 22, 2006Oil, Gasoline and Distillate Inventories Decline
Crude oil, gasoline and distillate inventories fell last week, the Department of Energy said Wednesday.
March 22, 2006Nissan 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