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Florida Bill Limits Left-Lane Use
A bill requiring motorists on Florida highways to stay out of the far left lane, except when passing another vehicle, was approved by both branches of the state Legislature April 7 and expected shortly at the governors office, an official with the states Office of Policy and Budget said.
April 20, 2005TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
SCS Transportation Reports Higher 1Q Revenue, Income
SCS Transportation Inc. reported a first-quarter profit of $4 million or 26 cents a share, up from $2.6 million or 17 cents a year earlier.
April 20, 2005Knights Income and Revenue Rise in First Quarter
Truckload carrier Knight Transportation Inc. said late Wednesday its net income for the first quarter was $12.8 million or 22 cents per share, compared with $9.3 million or 16 cents a year earlier.
April 20, 2005Hub Group Posts Record First-Quarter Profit
Third-party logistics provider Hub Group Inc. reported record first-quarter net earnings late Wednesday, posting a profit of $5.3 million or 51 cents a share, compared with $2.7 million or 33 cents last year.
April 20, 2005Fed Notes Trucking Concerns in Latest Report
Business activity continued to expand from late February through early April, but demand for trucking services eased somewhat as firms continued to pass higher fuel costs on to customers, the Federal Reserve said in its latest Beige Book report issued Wednesday.
April 20, 2005Frozen Food Express Sells AirPro Subsidiary
Frozen Food Express Industries Inc. said Wednesday it agreed to sell AirPro, its remaining non-freight business, to a newly created limited partnership company.
April 20, 2005Security & Safety Briefs - April 14 - 20
President Bush Wants Review of New Border Rules Airport Screening Needs Improvement, DHS Says Schwarzenegger Urges Tighter Border Enforcement
April 20, 2005Cooper Tires Sales Fall Following Ark. Plant Strike
Cooper Tire & Rubber Co. reported its first-quarter income dropped 79% to $5 million or 7 cents a share, compared with $24.3 million or 32 cents a year earlier.
April 20, 2005U.S. Retail Diesel Price Drops 5.7 Cents to $2.259
The average national price of retail diesel fuel dropped 5.7 cents to $2.259 a gallon, the Department of Energy said Monday. Gasoline prices also tumbled from four weeks of records, dropping 4.3 cents to $2.237 a gallon, DOE said.
April 19, 2005Allied Holdings Reports Higher 4Q Loss
Auto hauler Allied Holdings Inc. reported a net fourth-quarter loss of $33.4 million or $3.75 per share, compared with a loss of $4.3 million or 51 cents per share for the same quarter the previous year.
April 19, 2005