Quality Posts Higher 1Q Profit
Tank truck carrier Quality Distribution’s first-quarter profit jumped on stronger energy logistics and intermodal business.
May 8, 2012UPS Sets $5 Billion Share Buyback; Boosts Cash Toward TNT Purchase
UPS Inc. approved a $5 billion share buyback program and boosted the amount of cash it plans to use to buy Dutch package firm TNT Express NV.
May 7, 2012Mexico Tightens Trucking Weight Rules
The Mexican government will tighten inspections and lower maximum allowed weights for freight trucks after protests over a string of fatal accidents involving double-trailer trucks, the Associated Press reported.
May 7, 2012TravelCenters’ 1Q Loss Narrows
TravelCenters of America on Monday said its first-quarter loss narrowed from a year ago as fuel sales improved.
May 7, 2012Natural Gas Output Down, Prices Up, Journal Reports
Natural gas producers are scaling back output, boosting historically low prices, the Wall Street Journal reported.
May 7, 2012Mobile Comm Systems Makers Add Upgrades
CINCINNATI — Qualcomm Inc., PeopleNet, Cadec Global and Descartes Systems Group all announced changes to in-cab mobile communications systems to give customers the ability to design custom programs and to extend data processing capabilities to tablets and other wireless devices.
May 7, 2012Gasoline Continues Lower Trend, Lundberg Survey Reports
Gasoline’s national average pump price fell 7 cents in the past two weeks to $3.85 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
May 7, 2012Opinion: Using the Medical Examiners Registry
Mandated by the legislation called SAFETEA-LU and signed by President George W. Bush in 2005, the final rule for the National Registry of Certified Medical Examiners — to be known henceforth simply as the “National Registry” — was finally released to the public April 18 and goes into effect May 21.
May 7, 2012Few Execs See Natural Gas as Viable, Survey Finds
Fewer than 25% of trucking executives believe natural gas could become a viable alternative to diesel in the foreseeable future, a new survey found.
May 7, 2012Volvo’s ‘Mean Green’ Sets World Speed Record With Fastest Heavy-Duty Hybrid Vehicle
WENDOVER, Utah — Compared with the current land speed record of 763.035 miles per hour, 147.002 mph is not very fast. But that speed is now the world record for heavy hybrid vehicles, a mark set here last month by a Volvo Group-built truck known as Mean Green.
May 7, 2012