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Business, Government, Safety

Trimac’s 4Q Income Dips; Full Year Improves

Canada-based transportation firm Trimac Income Fund earned C$3.1 million or 8 cents per unit in the fourth quarter, down from C$5.7 million or 13 cents a year earlier.

March 9, 2007
Business, Safety, Government, Equipment, Autonomous

Class 8 Fleet Size Grows 5.2% in 2006 as Carriers Stock Up

The number of heavy-duty trucks in use in the United States increased 5.2% to 3.51 million Class 8 commercial vehicles last year, as fleet owners stocked up on new trucks and kept more old vehicles in service, market research firm R.L. Polk & Co. said.

Daniel P. Bearth | Staff Writer
March 9, 2007
Business, Safety, Government, Autonomous

DOT: Border Plan to Involve Fewer Than 1,000 Mexican Trucks

Transportation Secretary Mary Peters told a congressional panel Thursday that DOT expects the pilot program involving allowing trucks from Mexico to U.S. roads will involve fewer than 1,000 trucks.

March 8, 2007
Business, Government, Equipment

Cummins Sets Two-for-One Stock Split

Diesel engine maker Cummins Inc. said Thursday that its board declared a two-for-one split of the company’s stock, to be payable on April 9 to shareholders of record as of March 26.

March 8, 2007
Business, Government

DHL to Focus on Boosting Overseas Shipments From U.S.

DHL Worldwide Express plans to focus on expanding overseas shipments from the United States after investing in a domestic package delivery network, Bloomberg reported.

March 8, 2007
Business, Government, Safety, Autonomous

ATA Pushes for Flexibility in HOS Sleeper-Berth Provisions

Truck drivers need greater flexibility within federal driver work and rest rules to allow them to select sleep times and duration based on individual need, according to a study released jointly by American Trucking Associations and a sleep research firm.

March 8, 2007
Business, Government, Autonomous

Fed ‘Beige Book’ Cites Mixed Picture of Trucking

Federal Reserve districts reported some regional slowdowns in trucking in the first few months this year, the Fed said Wednesday in its latest “beige book” survey of economic conditions.

March 8, 2007
Business, Safety, Government, Logistics

Mullen’s 4Q Income Declines; Full-Year Results Improve

Canadian transportation firm Mullen Group Income Fund reported its fourth-quarter profit fell to C$14 million or 17 cents per share, from C$24.7 million or 52 cents a year earlier.

March 7, 2007
Business, Safety, Government

Richard Bailey Named President of Boyd Bros. Transportation

Richard Bailey was promoted to president of flatbed truckload carrier Boyd Bros. Transportation Co., the company said.

March 7, 2007
Business, Fuel, Government, Safety

Air Cargo Shipments Rise 2.1% in January

Air cargo shipments rose 2.1% in January from a year earlier, with about an even split in gains in domestic and international shipments, the Air Transport Association said.

March 7, 2007