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Pacer Sets $60 Million Stock Buyback Program

Transportation and third-party logistics firm Pacer International said Monday that its board of directors authorized the purchase of up to $60 million of the company’s common stock.

June 12, 2006

Transport Corp. of America to Boost Owner-Operator Pay

Truckload carrier Transport Corp. of America said late last week it is raising its pay for owner-operators beginning in phases on July 1.

June 12, 2006

Rand McNally Module to Help Truckload Firms

An official with mapping company Rand McNally said the company has released a new module that allows truckload carriers to incorporate lane-rate data with route optimization software.

June 12, 2006

Bridgestone to Build Distribution Center

Bridgestone Firestone North American Tire LLC said June 2 it will spend about $44 million to build a 1-million-square-foot distribution center at the Port of Jacksonville, Fla.

June 12, 2006

Fuel Suppliers to Monitor Sulfur Content

With the deadline for beginning retail sale of ultra-low-sulfur diesel four months away, fuel transporters and retailers said they would closely monitor their distribution systems for sulfur contamination as refiners begin to produce and distribute more of the new fuel.

June 12, 2006

Heartland, All Freight Boosting Driver Pay

Two truckload carriers, Heartland Express and All Freight Systems, said they were boosting pay for their company and independent drivers, respectively.

June 12, 2006

Maverick to Buy Schneider’s Specialized Glass-Hauling Unit

Flatbed carrier and logistics provider Maverick USA said Monday it intends to purchase Schneider National’s Specialized Division, the largest glass carrier in North America.

June 12, 2006

Technology Briefs — June 6 - June 12

Qualcomm Updates In-Cab Communications • AtRoad Gets Patents for Data, Content Display Technology • ‘Tech Talk With TMC’ Marks a Year on XM Radio • Alabama Monitoring I-65 With Cameras

June 12, 2006

Gasoline Prices Flat Over Past Three Weeks, Lundberg Says

Average retail gasoline prices were unchanged over the past three weeks as supplies increased but demand did not, according to the latest Lundberg survey of gasoline prices released Sunday.

June 12, 2006

UAW Members Reject New Contract With International

International Truck and Engine Corp. said Friday that United Auto Workers members voted down a proposed contract extension to the current pact that expires in October 2007.

June 9, 2006