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Hub 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, 2005

Fed 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, 2005

Frozen 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, 2005

Security & 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, 2005

Cooper 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, 2005

U.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, 2005

Allied 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

Celadon Group Reports Increased 1Q Profit

Celadon Group Inc. reported it earned $2.7 million or 27 cents a share in the first quarter, up from $1.4 million or 18 cents in last years first quarter.

April 19, 2005

Rush Enterprises Reports Higher Profit on Truck Sales Growth

Rush Enterprises Inc., the nations largest dealer of Peterbilt Motors Co. trucks, reported first-quarter net income of $7.7 million or 31 cents a share, up from $2.2 million or 14 cents last year.

April 19, 2005

Werner Reports Improved Income in First Quarter

Truckload carrier Werner Enterprises Inc. said late Monday its net income for the first quarter was $19.9 million or 25 cents a share, up from $15.6 million or 19 cents a year earlier.

April 19, 2005