Navteq’s Profit Jumps for Quarter, Year
Navteq Corp., a maker of maps used in transportation navigation, said its fourth-quarter profit rose to $61.9 million, or 61 cents per share, from $42.9 million, or 45 cents, a year earlier.
February 7, 2008Wright Express’s 4Q Earnings Dip
Wright Express Corp. said it earned $4.6 million, or 11 cents a share, in the fourth quarter, down from $19 million, or 46 cents, the previous year.
February 7, 2008Hub Group’s Fourth-Quarter Earnings Improve
Third-party logistics company and freight broker Hub Group’s fourth-quarter profit rose 33% to a record $18 million, or 47 cents per share, up from $13.5 million, or 34 cents, a year earlier.
February 7, 2008Xata’s Fiscal First-Quarter Loss Widens
Transportation software firm Xata Corp. said Thursday it lost $1 million, or 14 cents a share, in its fiscal first quarter, compared with a loss of $554,000, or 9 cents, a year ago.
February 7, 2008Snowstorm Strands Midwest Traffic
A big snowstorm that dumped more than a foot of snow in the Midwest left hundreds of motorists caught in traffic jams and delayed about 1,000 flights at Chicago’s O’Hare International Airport, news services reported.
February 7, 2008Volvo’s N. American Sales Decline
Volvo AB said its fourth-quarter net income rose, led mostly by increased business in Eastern Europe that offset a slump in North American sales, Bloomberg reported Wednesday.
February 6, 2008Fourth-Quarter Productivity Rises 1.8%
U.S. worker productivity rose at an annual rate of 1.8% in the fourth quarter, the Labor Department said Wednesday.
February 6, 2008Patriot Reports First-Quarter Loss
Patriot Transportation Holding took a fiscal first-quarter loss of $139,000 or 5 cents a share, compared with net income of $2.2 million or 69 cents a year earlier.
February 6, 2008States Implementing Safety Measures as Federal Govt. Enforcement Lags
ATLANTA — Several states are planning or have approved motor carrier safety and environmental measures because federal regulators have failed to enforce their own regulations, a prominent transportation lawyer said in an update on regulatory and legislative matters at SMC3’s recent winter conference here.
February 6, 2008PHH Arval Sets Partnership with Center for Transportation Safety
PHH Arval announced a strategic partnership Monday with the Center for Transportation Safety, a leading provider of risk management and training solutions for drivers, to enhance fleet safety.
February 5, 2008