Business

Transportation software firm Xata Corp. said Thursday it lost $4.5 million, or 57 cents a share, in its fiscal fourth quarter, compared with a loss of $498,000, or 7 cents, a year ago.

Mayor Martin Chavez has appointed a task force to study how effectively Albuquerque’s red-light cameras are reducing the number of traffic crashes, the Associated Press reported.

ClickSoftware Technologies, a provider of mobile workforce management and services, and Scope Technologies, a fleet telematics provider, announced Monday that they have signed an agreement to integrate their offerings and leverage each other's sales and marketing networks.

A stretch of Interstate 10 in Louisiana between Baton Rouge and Lafayette has re-opened to traffic after being closed Nov. 22 because of a natural gas explosion, the Associated Press reported Monday.

The Canadian Trucking Alliance said it is asking all the major North American heavy truck manufacturers to make anti-rollover technology standard equipment in their new vehicle packages.

Family members of Malcom McLean, the founder of intermodal carrier Trailer Bridge Inc., are planning to sell their stake in the company, Trailer Bridge said.

Canadian transportation firm TransForce Income Fund said it will acquire Thibodeau Group of Companies, a less-than-truckload and truckload carrier based in Quebec.

DHL Worldwide Express, part of Germany’s Deutsche Post AG, said it will build a $175 million cargo hub in Shanghai to help the parcel courier accommodate growing trade in Northern Asia, Bloomberg News reported Monday.

Ramey Peru, chief financial officer of truckload carrier Swift Transportation, will resign from his position effective Dec. 31, the carrier said.

The continuing drought in freight withered third-quarter earnings results for truckload carriers, with all 13 of the companies that reported through Nov. 20 showing lower levels of profitability than a year ago.