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Business, Safety, Government

Wisconsin Gov. Wants Oil Tax to Fund Transportation Needs

Wisconsin Gov. Jim Doyle (D) has proposed a new tax on oil companies to help raise needed funds for the state’s transportation projects, the Associated Press reported Tuesday.

February 13, 2007
Business

Delphi’s Third-Quarter Loss Widens to $2 Billion

Bankrupt auto-parts maker Delphi Corp. said losses in its third quarter ended Sep. 30 widened to $2 billion from $788 million in the third quarter of 2005 as the company spent more on job cuts and U.S. auto makers produced fewer cars, Bloomberg reported Tuesday.

February 13, 2007
Business, Government, Safety, Logistics

Hub Group’s Fourth-Quarter, Full-Year Earnings Rise

Third-party logistics provider Hub Group said late Monday it earned $13.5 million or 34 cents a share in the fourth quarter, up from $10.1 million or 25 cents a share for the same quarter a year earlier.

February 12, 2007
Business, Government, Technology, Equipment, Safety

Ryder to Boost Dividend 3 Cents to 21 Cents a Share in March

Ryder System said Monday its board approved a 3-cent increase in its dividend, boosting the payout to 21 cents a share.

February 12, 2007
Business

Fenway Acquires Refrigerated Carrier Gemini Traffic Sales

Private-equity firm Fenway Partners said Monday it has partnered with the current owners of refrigerated-unit carrier Gemini Traffic Sales to acquire a majority interest in the truckload and less-than-truckload carrier.

February 12, 2007
Business, Autonomous

Volvo Won’t Bid for Germany’s MAN, Paper Reports

Volvo AB has no plans to pursue a takeover of German truck maker MAN AG, as it would not get European Union regulatory approval to do so, Bloomberg reported Monday.

February 12, 2007
Business, Government

Gasoline Prices Rise 4 Cents, Lundberg Reports

Average U.S. retail gasoline prices rose 4 cents over the past three weeks to $2.22 a gallon, according to the latest Lundberg survey of gasoline prices released Sunday.

February 12, 2007
Business, Fuel, Autonomous

NATSO Expects More Biodiesel Sales

SAN ANTONIO — Truck-stop industry officials meeting here said their main focus this year would be preparing for the expected increase in biodiesel use.

Sean McNally | Staff Reporter
February 12, 2007
Business, Government, Safety, Technology

Technology Briefs — Feb. 6 - Feb. 12

UniGroup Chooses TMW for Cellphone Communications • Corning Sees Growth in Diesel-Filters Unit • Xata’s First-Quarter Loss Narrows • Intermec Postpones 4Q Earnings Release

February 12, 2007
Business, Autonomous

Stuart Named TMC Chairman; Says More Technicians Needed

TAMPA, Fla. — Trucking executives are not doing enough to attract talented, younger technicians to the increasingly complex field of truck maintenance, said Darry Stuart, incoming chairman of the Technology & Maintenance Council.

Andrea Fischer | Staff Reporter
February 12, 2007

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