Business
Business

UTI Worldwide to Cut Workforce

Freight forwarder UTI Worldwide plans to cut its workforce by 7%, eliminate divisions in the Americas and Africa and restructure management in an effort to its boost its profitability, the company said Friday.

Transport Topics
February 8, 2008
Business, Government

Wholesale Inventories Rise 1.1%

Wholesale inventories rose 1.1% in December, though sales fell 0.7%, the Commerce Department said Friday.

Transport Topics
February 8, 2008
Government, Business, Technology, Autonomous

Podcast Debut: ‘RoadSigns’ Tackles Autonomous

RoadSigns podcast

Welcome to the inaugural episode of Transport Topics' new podcast: RoadSigns. Our debut episode focuses on how the trucking industry’s steady and ongoing development of autonomous technology may someday affect truck drivers. Click to listen!

Transport Topics
June 11, 2018
Business, Safety

Truck Fatality Figures Reach Record Lows, ATA Says

Three of the primary measures of large truck safety fell to record lows in 2006, American Trucking Associations said Friday.

Transport Topics
February 8, 2008
Business

Vitran’s Fourth-Quarter Income Declines

Vitran Corp. said Friday its fourth-quarter profit was $1.7 million, or 12 cents a share, down from $5 million, or 37 cents, a year earlier.

Transport Topics
February 8, 2008
Business, Safety, Government

P.A.M. Reports Fourth-Quarter Loss

Truckload carrier P.A.M. Transportation Services said it lost $840,000, or 8 cents a share, in the fourth quarter, compared with net income of $4.3 million, or 41 cents, a year earlier.

Transport Topics
February 8, 2008
Business, Safety, Government

Navteq’s Profit Jumps for Quarter, Year

Navteq Corp., a maker of maps used in transportation navigation, said its fourth-quarter profit rose to $61.9 million, or 61 cents per share, from $42.9 million, or 45 cents, a year earlier.

Transport Topics
February 7, 2008
Business

Intermodal Declines for 4Q, Year

Larry Smith/Trans Pixs

Intermodal freight volume fell 1.6% in the fourth quarter of 2007 compared with the previous fourth quarter, the Intermodal Association of North America said.

Transport Topics
February 7, 2008
Government, Business

Wright Express’s 4Q Earnings Dip

Bruce Harmon/Trans Pixs

Wright Express Corp. said it earned $4.6 million, or 11 cents a share, in the fourth quarter, down from $19 million, or 46 cents, the previous year.

Transport Topics
February 7, 2008
Government, Business, Safety, Logistics

Hub Group’s Fourth-Quarter Earnings Improve

Third-party logistics company and freight broker Hub Group’s fourth-quarter profit rose 33% to a record $18 million, or 47 cents per share, up from $13.5 million, or 34 cents, a year earlier.

Transport Topics
February 7, 2008
Business

Jobless Claims Decline by 22,000

Initial jobless claims fell by 22,000 for the week ended Saturday, the Labor Department said Thursday.

Transport Topics
February 7, 2008

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