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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.

Transport Topics
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.

Transport Topics
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.

Transport Topics
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, Government, Safety, Autonomous

TMC Group Says Onboard Recorder Rule May Be Costly

TAMPA, Fla. — A Technology & Maintenance Council task force said several provisions of the proposed federal requirement for electronic onboard recorders need clarification, and the rule’s required data-display equipment could be a costly and ineffective expense for trucking companies.

Andrea Fischer | Staff Reporter
February 12, 2007
Business, Government

Lack of Holiday Shipping Surge Depresses 4Q Truckload Profits

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.

Jonathan S. Reiskin | Associate News Editor
February 9, 2007
Business, Fuel, Government, Autonomous

Letters to the Editor: Hybrid Trucks, Diesel vs. Gasoline

Click here to write a Letter to the Editor. Undoubtedly, there is a need to pursue alternatives to decrease fuel consumption, lower our dependency on fossil fuels, promote cleaner air and reduce CO2 emissions.

February 9, 2007
Business, Government, Safety, Autonomous

ATA Petitions FMCSA for Employer Notification

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.

Transport Topics
February 9, 2007
Business, Safety, Government, Logistics

Vitran’s 4Q Income Flat; Company Reports Record Year

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.

Transport Topics
February 8, 2007
Business, Safety, Government, Logistics

Pacer’s Fourth-Quarter Income Rises; Revenue Dips

Transportation and third-party logistics firm Pacer International’s fourth-quarter net income rose to $21.5 million or 57 cents a share, from $20.4 million or 54 cents a year earlier.

Transport Topics
February 8, 2007

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