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Werner Enterprises Boosts Dividend
Truckload carrier Werner Enterprises Inc. said Wednesday it was raising its quarterly dividend payment to 4 cents from 3.5 cents, a 14% increase.
May 11, 2005Accuride Reports Profit for First Quarter Since Going Public
Commercial vehicle component maker Accuride Corp., which went public April 26, reported first-quarter earnings Wednesday of $200,000 or 1 cent per share.
May 11, 2005Covenant Transport Authorizes Repurchase of 1.3 Mln. Shares
Covenant Transport Inc. said Wednesday its board had authorized it to repurchase up to 1.3 million shares of stock.
May 11, 2005Senate Passes Tolls Amendment to Highway Bill
The Senate late Tuesday passed an amendment to the federal highway bill that would eliminate a 3-state toll pilot program created in 1998, American Trucking Associations reported on its Web site.
May 11, 2005Industry Opposes Proposal Requiring Tank Trucks to Purge Pipes
Industry leaders unanimously decried a proposed federal rule that would require thousands of tank trucks to be retrofitted with equipment to purge the pipes used for the unloading and loading of flammable liquids.
May 11, 2005Security & Safety Briefs - May 5 - May 11
Traffic Congestion Worsening, Study Says California Unveils Seat Belt Campaign Drunken Driver Gets Life Sentence Web Breach Might Have Been More Widespread
May 11, 2005U.S. Trade Deficit Drops in March
The U.S. trade deficit fell to $55 billion in March from an all-time high of $61 billion in February, the Commerce Department reported Tuesday.
May 11, 2005UPS Officials Cite Strong Second-Quarter Freight Levels
U.S. freight volume has been well ahead of expectations in the second quarter, executives of UPS Inc. said Wednesday.
May 11, 2005Quality Distribution's Earnings, Revenue Rise
Tank truck carrier Quality Distribution Inc. reported first-quarter net earnings of $2.9 million or 15 cents per share, on record revenue of $161.1 million.
May 11, 2005Pacer's Profits Increase in First Quarter
Pacer International Inc. said late Tuesday net income for its fiscal first quarter ended April 8 was $11.4 million or 30 cents per share, compared with $9.4 million or 25 cents a year earlier.
May 11, 2005