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EGL Reports Lower 2Q Earnings, Higher Revenue
Logistics firm EGL Inc. reported Thursday that its net second-quarter income was $12.7 million or 25 cents a share, down from $14.1 million or 30 cents for the same quarter last year.
August 4, 2005TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
TT Adds Editor, Promotes Two Staff Members
Transport Topics announced changes to the management team of the weekly newspaper, promoting Neil Abt to news editor and adding Michael Verespej as deputy news editor. Reporter Roger Gilroy was elevated to senior business reporter.
August 4, 2005Crude Oil Prices Remain High on Demand Concerns
Crude oil futures stayed high Thursday on concerns over low gasoline inventories and speculation that fuel consumption will outpace refinery production, Bloomberg reported.
August 4, 2005Overnite's Stockholders Approve Acquisition by UPS
Click here to write a Letter to the Editor. hareholders of Overnite Corp. Thursday approved a merger with package carrier UPS Inc., the companies said in a statement.
August 4, 2005Jacqueline Glassman Named Deputy NHTSA Administrator
The Department of Transportation Thursday said that Jacqueline Glassman will serve as deputy administrator of the National Highway Traffic Safety Administration.
August 4, 2005Bush Signs CAFTA Agreement
Click here to write a Letter to the Editor. resident Bush signed a free trade agreement with six Latin American countries on Tuesday, following a two-vote victory in the House that passed the measure late last week, news services reported.
August 3, 2005Security & Safety Briefs - July 28 - Aug. 3
Truckers Slowed by Vermont's I-89 Repaving • Louisiana Cuts Highway Plans • Pennsylvania Reports Higher Seat Belt Use • Minn. Becomes Last State to Lower DWI Limit • And more...
August 3, 2005Pacer Reports Adjusted Earnings Increase for 2Q
Transportation and third-party logistics firm Pacer International reported late Tuesday net income for its fiscal second quarter ended July 1 of $4.6 million or 12 cents a share, compared with $6.7 million or 18 cents a year earlier.
August 3, 2005Private Carriers Use New Methods to Deal with HOS Rules
Click here to write a Letter to the Editor. img src="http://www.ttnews.com/images/printeditiontag_new.gif" width=120 align=right>Private carriers that specialize in store delivery are using new routing and packaging techniques to compensate for the loss of driver productivity resulting from driver hours-of-service rules, which cut back on the amount of time commercial truck drivers can spend on duty.
August 3, 2005DHL Expanding Supply Chain Services to Americas
DHL said it was expanding its DHL Solutions supply chain management business into the Americas.
August 3, 2005