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Ben Bernanke Chosen to Succeed Alan Greenspan at Fed
Click here to write a Letter to the Editor. resident Bush on Monday named Council of Economic Advisers Chairman Ben Bernanke as the successor to Federal Reserve Chairman Alan Greenspan.
October 24, 2005Arkansas Best’s Third-Quarter Income Increases
Click here to write a Letter to the Editor. rkansas Best Corp., the parent of less-than-truckload carrier ABF Freight System, reported Monday that its third-quarter earnings rose to $40.6 million or $1.59 per share, from $27.4 million or $1.07 a year earlier.
October 24, 2005Technology Briefs - Oct. 18 - Oct. 24
GeoLogic Offers Digital Option From Cingular • Ohio Gets EPA Grant to Reduce Truck Idling • Mack to Offer Bendix Package to Improve Stability
October 24, 2005CNF Reports Improved Third-Quarter Earnings
Transportation firm CNF Inc. reported third-quarter net income of $66 million or $1.18 a share, compared with a net loss in the same quarter last year of $216.2 million or $3.90 a year earlier.
October 21, 2005Old Dominion Sees 3Q Profit Rise; Boosts ’05 Guidance
Old Dominion Freight Line said Friday that its third-quarter profit jumped to a record $15.9 million or 64 cents a share, from $12.2 million or 50 cents a year earlier.
October 21, 2005Marten Transport's Net Income Jumps 33% for Quarter
Click here to write a Letter to the Editor. efrigerated truckload carrier Marten Transport said late Thursday it earned $6.4 million or 44 cents a share in the third quarter, up 33% from $4.8 million or 33 cents a year earlier.
October 21, 2005Caterpillar Boosts 3Q Profit; Cuts ’05 Outlook
Heavy equipment and diesel-engine maker Caterpillar Inc. said Friday that its third-quarter profit jumped 34% but downgraded its full-year 2005 earnings outlook.
October 21, 2005ATA Approves Policy of Using Up to 5% Biodiesel
Click here to write a Letter to the Editor. merican Trucking Associations said Friday that its board of directors has revised ATA’s alternative fuels policy to advocate the use of biodiesel fuel in blends up to 5% as part of the national diesel fuel standard.
October 21, 2005U.S. Xpress Executive Patrick Quinn Named ATA Chairman
Click here to write a Letter to the Editor. atrick Quinn, co-chairman and president of truckload carrier U.S. Xpress Enterprises, was named American Trucking Associations’ new chairman, ATA said Thursday.
October 21, 2005Rail Freight Declines; Intermodal Reaches Weekly Record
Overall rail freight traffic fell for the week ended Oct. 15 but intermodal levels reached a record, the Association of American Railroads reported.
October 21, 2005