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News Briefs - Jan. 27
Marten’s 4Q, Annual Profits Rise • DOT Assistant Secretary Max Frankel to Resign • Arkansas Best Reports Higher Earnings • Landstar System Reports Record Earnings • Caterpillar Earnings Rise; Results Miss Expectations • And more...
January 27, 2005UPS Reports Increased Earnings, Cites Slower Freight Growth
UPS Inc. said its net income for the fourth quarter was in line with its most recent projection, but that it was "disappointed" in its ground volume and would cut costs this year.
January 27, 2005December Durable Goods Orders Rise, for Second Straight Increase
Orders for durable goods in the United States rose 0.6% in December on higher demand for machinery, computers and other business equipment, the Commerce Department reported Thursday.
January 27, 2005So. Calif. Agency Unveils Plan For Truck Depot Near Ports
Seeking to ease congestion around the ports of Long Beach and Los Angeles, the Alameda Corridor Transportation Authority said it was planning to build an inland truck depot this spring to reduce truck traffic on the Long Beach Freeway, Interstate 710.
January 27, 2005Maryland DOT Launches Program to Monitor Fleet Drivers’ Records
The Maryland Motor Vehicle Administration launched a program that would allow fleets to receive daily, weekly or monthly updates on their drivers’ records. Several trucking companies have shown an interest in participating, a state official said.
January 26, 2005Security & Safety Briefs - Jan. 20 - Jan. 26
DOT Safety-Security Center Names New Director • Colorado Reportedly Revoking 300 CDL Licenses • Union Says Radiation Scans May Harm Health of Drivers at Ports, Borders
January 26, 2005Border Crossings to Test RFID
The Department of ºÚÁϳԹÏÍøland Security said Tuesday it plans to improve border management by testing radio frequency identification technology along the U.S. border crossings this year.
January 26, 2005High Court to Hear Mich. Flat-Fee Cases
The U.S. Supreme Court has agreed to hear two cases appealing Michigan court decisions that upheld the state’s $100 flat fee on trucks that haul both within the state and from Michigan to out-of-state destinations.
January 26, 2005Roberson Exits Trucking, Sells to Celadon, Annett
Roberson Transportation Cos. last week exited the trucking industry, agreeing to sell its dry van truckload business to Indianapolis-based Celadon Group for $22.7 million and its flatbed business and logistics division to Annett Holdings of Des Moines, Iowa, for an undisclosed amount.
January 26, 2005News Briefs - Jan. 26
DOE Reports Lower Distillate Inventories • Senate Approves Bodman, Rice for Key Posts • SCS Transportation Says Quarter, 2004 Profits Rise • Covenant Transport Reports Fourth-Quarter Loss • And more...
January 26, 2005