Logistics
Business, Logistics

Teamsters, TMI Report Progress at Freight Talks

Teamsters union  leaders and representatives of Trucking Management Inc. said that National Master Freight Agreement talks were going well, two days after both sides exchanged contract proposals in Washington.

Transport Topics
November 30, 2007
Business, Logistics, Fuel, Government

Diesel Rises 3.4¢ to $3.444; Sets Another Record

Bloomberg News

The national average price of diesel rose 3.4 cents to a new all time record of $3.444 a gallon, the Department of Energy said Monday.

Transport Topics
November 27, 2007
Business, Safety, Logistics, Government

CTA Asks for Standard Anti-Rollover Technology

The Canadian Trucking Alliance said it is asking all the major North American heavy truck manufacturers to make anti-rollover technology standard equipment in their new vehicle packages.

Transport Topics
November 26, 2007
Business, Safety, Government, Logistics

TransForce to Acquire Thibodeau Group

Canadian transportation firm TransForce Income Fund said it will acquire Thibodeau Group of Companies, a less-than-truckload and truckload carrier based in Quebec.

Transport Topics
November 26, 2007
Business, Safety, Government, Logistics

NITL President Ficker Resigns

John Ficker, president of the National Industrial Transportation League, will step down at the end of November, NITL said Monday.

Transport Topics
November 19, 2007
Business, Safety, Government, Logistics, Equipment

Fenway Partners Acquires Consolidated Fastfrate

Private Equity firm Fenway Partners, New York, N.Y., said Monday it acquired Canadian transportation firm Consolidated Fastfrate.

Transport Topics
November 19, 2007
Business, Logistics

UP to Increase Dividend

Union Pacific, the largest U.S. freight railroad, announced it is increasing the quarterly dividend it pays to investors.

Transport Topics
November 15, 2007
Business, Logistics

Hub Group Announces $75 Million Stock Buyback

Logistics firm Hub Group, Downer’s Grove, Ill., said Thursday it has authorized a $75 million stock buyback.

Transport Topics
November 15, 2007
Business, Logistics

AirIQ Posts 3Q Loss

Canadian technology firm AirIq Inc., which provides wireless location services to the trucking industry, said it lost C$3.4 million, or 2 Canadian cents per share, in the third quarter, compared with a loss of C$1.2 million, or 1 Canadian cent, a year earlier.

Transport Topics
November 13, 2007
Business, Logistics

US 1 Industries’ Income Rises

Logistics firm US 1 Industries’ third-quarter income rose to $789,060 or 6 cents a share, from $706,327 or 6 cents a year ago.

Transport Topics
November 13, 2007

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