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Trailer Bridge Reports First-Quarter Loss
Trailer Bridge Inc., a provider of integrated trucking, intermodal and marine freight services, reported a first-quarter loss after special expenses of $1.8 million or 15 cents a share, compared with earning $975,800 or 8 cents a year earlier.
May 15, 2006Atlas Air Reports First-Quarter Loss
Air cargo carrier Atlas Air Worldwide Holdings posted a first-quarter loss of $3.75 million or 18 cents a share, compared with a profit of $675,000 or 3 cents a year earlier.
May 15, 2006EPA Says 250 New ’07 Trucks Being Tested by Fleets
WASHINGTON — Some 250 vehicles of all classes equipped with 2007 engines are now in the hands of customers for real-world testing, according to Byron Bunker of the Environmental Protection Agency’s Office of Transportation Air Quality.
May 15, 2006Officials Say ‘Virtual Terminals’ Could Help Track Containers
OAK BROOK, Ill. — To keep intermodal terminals working as the volume of containers keeps increasing, operators should develop “virtual terminals” that use technology to track containers and chassis, monitor truck traffic and share information, said speakers during the Intermodal Association of North America’s conference here May 2-3.
May 15, 2006Cummins Profits Rising; CEO Sees More Growth
COLUMBUS, Ind. — Diesel engine maker Cummins Inc. expects to follow 2005’s record earnings with another strong year, forecasting revenues 8% to 10% higher and increased per-share earnings, Tim Solso, the company’s chairman and chief executive officer, told the annual shareholders’ meeting.
May 15, 2006Technology Briefs — May 9 - May 15
TMW Names David Wangler its New CEO • TransCore Unveils Online Dispatch Tool • Chevron Buys Stake in Texas Biodiesel Plant • Mass. Turnpike to Toll Violators in Transponder Lane • And more...
May 15, 2006Xata Reports 2Q Profit; CEO to Step Down This Year
Transportation technology firm Xata Corp. reported a profit and record revenue for its fiscal second quarter ended March 31, and the company said its chief executive officer, Craig Fawcett, would step down later this year.
May 15, 2006Stonepath Reports First-Quarter Loss
Logistics firm Stonepath Group late Friday reported first-quarter loss of $3.5 million or 8 cents a share, compared with a loss of $7.6 million or 17 cents a year earlier.
May 15, 2006ATA Cites Infrastructure, Fuel as Critical Trucking Issues
Improved national infrastructure, rising fuel prices and new diesel-fuel regulations top trucking’s agenda this year, an American Trucking Associations’ official told an investors’ conference in New York this week.
May 12, 2006Mullen’s First-Quarter Income, Revenue Gain
Canadian firm Mullen Group Income Fund said Friday it earned C$43.1 million or 86 cents per unit in the first quarter, up from C$26 million or 57 cents a year earlier.
May 12, 2006