Business

Truckload carrier Werner Enterprises said late Thursday that Greg Werner had been promoted to be the company’s chief executive officer.

American Trucking Associations will launch its driver recruitment Web site, GetTrucking.com, Friday at 5 p.m. Eastern time.

Profits fell at major public truckload carriers in the fourth quarter, as declining demand for freight carriage more than eliminated the benefit of declining diesel prices, which are now lower than a year earlier.

UPS Inc. said late Thursday it increased its quarterly dividend to 42 cents a share, from 38 cents.

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American Trucking Associations has filed a petition with the Federal Motor Carrier Safety Administration last week seeking amendments to rules regarding employer notification and drivers.

Fourth-quarter intermodal volume rose 0.6% from the same period a year earlier, capping off a fifth straight year of growth, the Intermodal Association of North America said.

Toronto-based transportation and logistics firm Vitran Corp.’s fourth-quarter profit was $5 million or 37 cents a share, compared with $5 million or 39 cents a year earlier.

Tire retreader Bandag Inc. reported fourth-quarter net income of $10.9 million or 56 cents a share, compared with $12 million or 62 cents a year earlier.

Swedish truck maker Scania AB plans to boost 2006 shareholder dividends to about $1.43 billion, as booming European sales leave truck makers flush with cash, Bloomberg reported Thursday.