Government
Government, Business, Safety

Quality Reports 1Q Loss

TT File Photo

Tank truck carrier Quality Distribution reported a first-quarter loss of $95,000 or zero cents a share, compared with earning $4.5 million or 23 cents a year ago.

Transport Topics
May 8, 2007
Business, Fuel, Government, Safety

Air Cargo Shipments Fall 2.1%

Air cargo shipments fell 2.1% in March, the Air Transport Association said Monday.

Transport Topics
May 7, 2007
Government

Gasoline Jumps to $3.07 a Gallon

Larry Smith/Trans Pixs

Gasoline prices jumped nearly 20 cents in the past two weeks to $3.07 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

Transport Topics
May 7, 2007
Government, Business, Safety, Fuel

Freightliner Sets New ‘Cascadia’ Truck

CHARLOTTE, N.C. —  Freightliner Trucks last week introduced a new heavy-duty over-the-road truck called “Cascadia” it said improves fuel efficiency by 3%.

May 7, 2007
Business, Government, Autonomous

House Panel Imposes New Border Limits

A House panel moved to put new limits on the Bush administration’s plans to open the U.S. border to Mexican trucks, and the panel’s chairman warned DOT not to go forward with its plans.

May 7, 2007
Business, Government, Safety, Fuel

Diesel Declines 4¢ to $2.811

Diesel fuel fell 4 cents a gallon to $2.811 last week, its second straight decline, while the gasoline average posted its largest gain in just over a year, the Energy Department said.

May 7, 2007
Business, Safety, Government, Logistics

Pacer’s Income Falls 41%

TT File Photo

Transportation and third-party logistics firm Pacer International’s first-quarter net income plunged 41% to $14.4 million or 15 cents a share, from $24.4 million or 36 cents a year ago.

Transport Topics
May 4, 2007
Government, Business, Logistics

U.S. Firm Buying Canada Cartage

A U.S. private-equity firm will buy trucking company Canada Cartage for C$140 million, the Canadian Press reported Friday.

Transport Topics
May 4, 2007
Business, Safety, Government

YRC Names USF Glen Moore CEO

YRC Regional Transportation said Thursday it named Gary Pruden president and chief executive officer of its USF Glen Moore unit.

Transport Topics
May 4, 2007
Government, Business, Safety

MAN’s Income Improves

German truck maker MAN reiterated its interest in a three-way association with Volkswagen and Swedish rival Scania, and boosted its 2007 forecast after a better-than-expected first quarter, Agence France Press reported Thursday.

Transport Topics
May 3, 2007

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