Business

About Business News...
Business

FedEx Reports Its Third-Quarter Income Dips 2%

FedEx Corp. Wednesday said its fiscal third-quarter profit dipped 2% to $420 million or $1.35 per share, from $428 million or $1.38 a year earlier.

March 21, 2007
Business, Safety, Government

EGL Receives $40 Per-Share Offer From Apollo Management

Just a day after it said it would be sold for $38 a share to a group headed by its chief executive officer, transportation firm EGL Inc. said it had received a competing offer for $40 a share from another investment group.

March 21, 2007
Business, Safety, Government, Logistics

Hub Group CFO Tom White Leaves Company

Transportation logistics firm Hub Group Inc. said late Tuesday that Chief Financial Officer Tom White resigned has been replaced by Terri Pizzuto, the company's vice president of finance.

March 21, 2007
Government, Business, Safety, Autonomous

Security & Safety Briefs — March 15 - March 21

Kentucky Eyes Higher Speed Limits • Penske Has Trained 15,000 Drivers Under Highway Watch Program • Colorado to Spend $1.2 Mln. for Truck ‘Chain-Up’ Spaces

March 21, 2007
Business, Government, Safety, Autonomous

Trucking, Safety Officers’ Group Join Forces Against Coalition Over Criticism of FMCSA

WASHINGTON — Trucking and law enforcement groups said a recent report claiming the Federal Motor Carrier Safety Administration has failed to ensure trucking safety was unproductive and poorly researched.

Sean McNally | Staff Reporter
March 21, 2007
Business, Safety, Autonomous

Recorded Engine Data Can Help Defend Claims

NEW ORLEANS — Sophisticated recording devices built into modern trucks and diesel engines can generate information that plaintiff’s attorneys can use to force fleets and their insurance companies to pay massive settlement claims.

Jonathan S. Reiskin | Associate News Editor
March 21, 2007
Business, Safety, Government, Autonomous

Recorded Engine Data Can Help Defend Claims

NEW ORLEANS — Sophisticated recording devices built into modern trucks and diesel engines can generate information that plaintiff’s attorneys can use to force fleets and their insurance companies to pay massive settlement claims.

March 21, 2007
Government, Business, Safety

Safety & Security Briefs — March 15 - March 21

This briefing can be e-mailed to you every week.
Just click here to sign up.

March 21, 2007
Business, Government, Safety

Opinion: The Upside of the EOBR Proposal

By John LewisChief Executive OfficerGeoLogic SolutionsThe Federal Motor Carrier Safety Administration’s recently proposed rule mandating the use of electronic onboard recorders for habitual violators of federal hours-of-service regulations has set in motion an industrywide discussion about the plan’

March 21, 2007
Business, Equipment, Autonomous

Eaton Names President of Heavy-Duty Transmission Unit

Truck and auto parts maker Eaton Corp. said Tuesday it named Curt Hutchins president and vice president of its heavy-duty transmission unit, effective April 1.

March 20, 2007

Pages