Logistics

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Business, Safety, Government, Logistics

Pacer’s Fourth-Quarter Profit Mixed

Dan De Los Monteros for TT

Transportation and third-party logistics firm Pacer International’s fourth-quarter profit slipped to $20.6 million, from $21.5 million a year ago, but per-share earnings rose to 59 cents a share, from 57 cents a year earlier.

Transport Topics
February 12, 2008
Fuel, Business, Logistics, Government

Diesel Price Unchanged at $3.28

The average national price of retail diesel fuel held at $3.28 a gallon from a week ago, the Department of Energy said Monday.

Transport Topics
February 11, 2008
Business, Logistics

Wabash’s Profit Improves; Sales Dip

Wabash National Corp.

Trailer maker Wabash National Corp. said Monday its fourth-quarter profit was $5.6 million, or 18 cents a share, compared with a loss of $5 million, or 16 cents, a year ago.

Transport Topics
February 11, 2008
Business, Safety, Government, Logistics

NHTSA Seeks Ways to Use Technology to Reduce Truck-Involved Fatalities

A high-ranking federal safety regulator said truck-involved fatalities have been stuck at a “relatively flat” level for years, and that trend leads officials at the National Highway Traffic Safety Administration to recommend using “Buck Rogers”-style technologies to lower accident rates.

February 11, 2008
Business, Fuel, Government, Safety, Logistics

Towne Air Freight Buys Synergy Cargo Logistics

Towne Air Freight said it acquired Synergy Cargo Logistics, which will give Towne a greater presence in the southwestern United States. Terms were not disclosed.

Transport Topics
February 11, 2008
Government, Business, Safety, Logistics

Hub 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.

Transport Topics
February 7, 2008
Fuel, Business, Logistics, Government

Diesel Rises 2.1¢ to $3.28 a Gallon

Tom Biery/Trans Pixs

The average national price of retail diesel fuel rose 2.1 cents to $3.28 a gallon, the Department of Energy said Monday.

Transport Topics
February 5, 2008
Business, Logistics

Express-1 Unit Buys Logistics Firm

Express-1 Expedited Solutions said it bought Concert Group Logistics for $9 million in cash and 4.8 million shares of stock.

Transport Topics
February 4, 2008
Business, Safety, Logistics, Government

Truck Tonnage Rises 1.4% in December

December truck tonnage increased by 1.4% from year-ago levels, the first back-to-back improvement in freight volume since May and June 2006, American Trucking Associations reported in its national index.

February 4, 2008
Government, Business, Safety, Logistics

New Border Security Rules Take Effect

New rules for the types of identification that U.S. and Canadian citizens must present to cross into the country took effect Thursday and authorities were optimistic the changes would not cause significant delays, the Associated Press reported.

Transport Topics
January 31, 2008

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