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Third-party logistics provider Hub Group reported record fourth-quarter and 2005 earnings late Tuesday, posting a profit of $10.1 million or 49 cents a share for the quarter, up 45% from $7 million or 33 cents last year.

General Motors Corp., under fire from shareholders to raise its profits, said Tuesday it is cutting its yearly dividend in half to $1 a share and reducing the salaries of its chairman and senior executives, the Associated Press reported.

Idaho Mulls Higher Truck Speed Limits • Congress Extends Patriot Act for Five Weeks • Ariz.’s National Guard Border Plan Scrutinized

Annette Sandberg will be missed after she steps down March 1 as head of the Federal Motor Carrier Safety Administration.

WASHINGTON — Language barriers, multiple identification systems, congestion and delays are some of the challenges the trucking industry faces at the nation’s borders, industry executives said.

WASHINGTON — Using other modes of transportation, including trucks, to move highly hazardous materials is a better alternative than rerouting train shipments around cities that limit hazmat movements, an official with the Center for Transportation Analysis said.

Crude oil, gasoline and heating oil, a surrogate for diesel fuel, all reached one-month lows in trading on the New York Mercantile Exchange following the Energy Department's weekly inventory report, Bloomberg reported Wednesday.

UPS Inc. said Wednesday it had accelerated the guaranteed commit time for its 2nd Day Air A.M. delivery service to 10:30 a.m. from noon, and it added a Saturday delivery option for the service.

Many large motor carriers, flush from a successful 2005, said they expected the combination of strong freight demand and a robust economy to push rates up between 4% and 6% this year, marking the third straight year of increases.

Truckload carrier Transport Corp. of America Inc. said its net loss for the fourth quarter was $445,000 or 7 cents a share, compared with a net income of $1.1 million or 17 cents a year earlier.