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Business, Safety, Government, Technology

Security & Safety Briefs — Jan. 18 - Jan. 24

Driver Gets Life in Smuggling Deaths • New Passport Rule Takes Effect • Okla. Study Cites Cellphone Accident Hazards • N.D. Lawmaker Wants 40-Mph Minimum on Interstates

January 24, 2007
Business, Autonomous

USA Truck Promotes Jerry Orler to Chief Executive Officer

USA Truck Wednesday announced the promotion of Jerry Orler to chief executive officer.

January 24, 2007
Business, Fuel, Government

Crude Oil Price Rises, Topping $55 a Barrel

Crude oil prices surged more than $2 a barrel Tuesday after Energy Secretary Samuel Bodman said President Bush plans to double the size of the U.S. Strategic Petroleum Reserve by 2027, Bloomberg reported.

January 23, 2007
Business

Werner’s Fourth Quarter Income, Revenue Dip

Truckload carrier Werner Enterprises’ fourth-quarter profit fell 16% to $24 million or 31 cents a share, from $28.8 million or 36 cents a year earlier.

January 23, 2007
Business, Fuel, Government

Diesel Dips 3.3 Cents to $2.43; Gasoline Falls to $2.165

The average price of retail diesel fuel fell 3.3 cents to $2.43 a gallon, the Department of Energy said Monday.

January 23, 2007
Business

BNSF Reports Higher Income, Revenue for 4Q, Year

Burlington Northern Santa Fe Corp.’s fourth-quarter profit jumped 21% to $519 million or $1.42 a share, from $430 million or $1.13 a year earlier, the railroad said Tuesday.

January 23, 2007
Business, Logistics

CSX Reports Improved Fourth-Quarter Income, Revenue

Eastern freight railroad CSX Corp. reported fourth-quarter earnings of $347 million or 75 cents a share, up from $237 million or 52 cents a year earlier.

January 23, 2007
Business, Autonomous

Analysts See Downturn in 4Q Trucking Company Earnings

Analysts expect mostly lackluster fourth-quarter earnings from trucking companies, since the industry's annual peak season never materialized and demand further waned amid a general economic slowdown, the Associated Press reported.

January 23, 2007
Business, Logistics

Union Pacific, Norfolk Southern Set Expanded Intermodal Service

Freight railroads Union Pacific Railroad and Norfolk Southern Railway said Tuesday that they will launch a new intermodal train service in February that will add rail capacity and expand intermodal rail service between Los Angeles and the Southeast.

January 23, 2007
Business

Covenant Transport Expects to Report Fourth-Quarter Loss

Truckload carrier Covenant Transport said it expects to report a net loss between 5 cents and 10 cents a share for the fourth quarter.

January 22, 2007

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