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Werner to Boost Quarterly Dividend
Truckload carrier Werner Enterprises said late Friday that its board of directors boosted the company’s quarterly cash dividend 13% to 4.5 cents per share.
June 5, 2006Teamsters Seeking Early Negotiations With UPS
UPS Inc. workers represented by the Teamsters union are seeking early contract talks with the package-delivery company to settle health-care and pension issues, the union said Monday.
June 5, 2006TIA Unveils Broker-Carrier Model Contract
The Transportation Intermediaries Association said Monday it has unveiled a model broker-carrier contract to promote best practices between brokers and carriers.
June 5, 2006Small Fleets Look to Greater Use of Tracking Systems
Several executives with small fleets said they’re expanding their use of onboard tracking systems to help minimize fuel costs and monitor tractor and trailer assets.
June 5, 2006Technology Briefs — May 31 - June 5
Boeing, FedEx Testing RFID Tags on Aircraft • Iowa Governor Signs Renewable Fuels Law • Descartes Systems Announces Record 1Q Results • Tennessee Seen as Potential Biodiesel Hub
June 5, 2006Some Refiners Delay Production as June ULSD Deadline Arrives
The Environmental Protection Agency’s deadline for U.S. fuel refiners to begin making ultra-low-sulfur diesel was June 1, but not all refiners said they would make the fuel immediately.
June 5, 2006Navistar to Restate Financials; Plans New Engine Venture
Navistar International Corp., which has not issued earnings statements since September, said Friday that an internal audit found no evidence of fraud and said it plans to file an annual report for this fiscal year by January 2007.
June 2, 2006Pacer International Promotes Two Executives
Transportation and third-party logistics firm Pacer International said Thursday it had promoted Tom Shurstad to be its new president.
June 2, 2006Payrolls Rise Less than Forecast; Unemployment Dips to 4.6%
U.S. payrolls rose by 75,000 in May and the unemployment rate inched down to 4.6%, the Labor Department reported Friday.
June 2, 2006April Factory Orders Drop 1.8%
U.S. factory orders fell 1.8% in April, the Commerce Department reported Friday.
June 2, 2006