Old Dominion’s 4Q Income Dips
Less-than-truckload carrier Old Dominion Freight Line said Thursday its fourth-quarter profit dipped to $15.7 million, or 42 cents a share, from $17.8 million, or 48 cents, a year ago.
January 31, 2008Halladay Honored with ATA’s Highest Award
American Trucking Associations said Wednesday it honored Bob Halladay with the S. Earl Dove Highway Award for his lifetime of dedication to the trucking industry.
January 31, 2008Personal Spending Rises at Slowest Pace in Six Months
Consumer personal spending rose at a rate of 0.2% in November, the slowest in six months, the Commerce Department said Thursday.
January 31, 2008Jobless Claims Jump for Week
Initial jobless claims rose to the highest in more than two years for the week ended Saturday, the Labor Department said Thursday.
January 31, 2008ABF, Teamsters Reach Labor Pact
Less-than-truckload carrier ABF Freight System said Wednesday it has reached a tentative collective bargaining agreement with the Teamsters union on a new five-year labor pact.
January 30, 2008Fed Cuts Interest Rate a Half-Point to 3%
The Federal Reserve Wednesday cut the key U.S. interest rate by half a point, to 3%.
January 30, 2008Paccar to Use SCR in 2010 Engines
Paccar Inc. said it will use selective catalytic reduction technology, in combination with exhaust gas recirculation, in its Paccar engines for Kenworth and Peterbilt trucks to meet to meet 2010 engine requirements.
January 30, 2008N.C. Court Rules for Trucking Company in Dispute Over Weight Limit Fines
A judge in North Carolina recently ruled in favor of a trucking company that sued the state for what it said were excessive fines assessed for minor weight limit permit violations.
January 30, 2008Letters to the Editor: HOS, Roundabouts, Infrastructure Panel
If there ever was a segment of the transportation industry that needed an overhaul, it’s trucking.
January 30, 2008Saia’s Fourth-Quarter Income Declines
Saia Inc. said Wednesday its fourth-quarter net income fell 62% from a year ago to $2 million, or 15 cents a share, from $5.2 million, or 35 cents, a year ago.
January 30, 2008