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Business, Safety, Government

Swift Reports Lower 4Q Earnings; Full-Year Profit Rises

Truckload carrier Swift Transportation Co. said late Wednesday its fourth-quarter profit fell from a year earlier due to a “soft freight environment.”

Transport Topics
January 25, 2007
Business, Government, Safety

Ford Posts Big Losses for Fourth Quarter, Full Year

Ford Motor Co. lost $5.8 billion in the fourth quarter amid slumping sales and huge restructuring costs, pushing the No. 2 U.S. automaker’s s loss for the year to $12.7 billion, the largest in its 103-year history, the Associated Press reported.

Transport Topics
January 25, 2007
Business, Safety, Government

Knight Reports Record Fourth-Quarter, ’06 Income, Revenue

Truckload carrier Knight Transportation said late Wednesday that its revenue and income for the fourth quarter and full-year 2006 reached records.

Transport Topics
January 24, 2007
Business, Government, Safety, Logistics

Canadian National Reports Higher 4Q Income, Boosts Dividend

Canadian freight railroad Canadian National Railway Co. reported its fourth-quarter net income rose 16% to C$499 million, with earnings-per-share rising to 95 cents.

Transport Topics
January 24, 2007
Business, Government, Safety, Autonomous

Critics Call Onboard Recorder Proposal Ineffective

The Transportation Department’s recent proposal to use electronic onboard recorders to monitor driver hours is “weak” and ineffective, safety advocacy groups said last week, while some trucking industry organizations applauded the plan.

Sean McNally | Staff Reporter
January 24, 2007
Business, Government, Safety

Letter to the Editor: HOS Problems (Continued)

Click here to write a Letter to the Editor. The problem is not with the “black box,” it’s with the 14-hour rule. We are not children, we are professionals. So why doesn’t anyone understand the problem? We are always up against the wall when it comes to hours of service.

January 24, 2007
Business, Safety, Government, Technology

Security & Safety Briefs — Jan. 18 - Jan. 24

Driver Gets Life in Smuggling Deaths • New Passport Rule Takes Effect • Okla. Study Cites Cellphone Accident Hazards • N.D. Lawmaker Wants 40-Mph Minimum on Interstates

January 24, 2007
Business, Safety, Government

Swift Founder Jerry Moyes to Buy Company for $2.74 Billion

Swift Transportation Co. agreed late Friday to be acquired by company founder Jerry Moyes for $31.55 a share, or about $2.74 billion, the company said.

Transport Topics
January 22, 2007
Business, Technology, Equipment, Safety, Logistics

Technology Briefs — Jan. 17 - Jan. 22

Georgia Weigh Stations to Use PrePass • Purolator Selects Software System from Carrier Logistics • Iowa Plans Internet Kiosks at Rest Stops • President to Address Global Warming in Tuesday Speech

January 22, 2007
Business, Fuel, Technology, Equipment, Safety

Letters to the Editor: EPA and Engines; Onboard Diagnostics

Click here to write a Letter to the Editor. Once again, the great Environmental Protection Agency has brainwashed the public in the name of environmental protection. As a small fleet owner of longhaul flatbed equipment, our injectors and fuel systems are taking a beating in the name of conservation.

January 22, 2007

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