Knight Raises Quarterly Dividend
Truckload carrier Knight Transportation said Tuesday its board raised the company’s quarterly cash dividend, declaring a dividend of 3 cents per share, an increase of 50%.
May 29, 2007Feds Push Coal-Liquid Technologies
Federal officials and the coal industry are making a push for big subsidies to develop technologies to turn coal into liquid fuel, the New York Times reported Tuesday.
May 29, 2007ATA Encourages EPA to ‘Harmonize’ Federal, California OBD Requirements
American Trucking Associations has urged the Environmental Protection Agency to harmonize pending federal and California onboard diagnostics rules.
May 29, 2007Bridgestone/Bandag Deal Gains EU Antitrust Clearance
Tire maker Bridgestone Corp. has secured European antitrust approval to buy Bandag Inc. for $1.05 billion, Bloomberg reported Tuesday.
May 29, 2007Bush Signs Mexican Trucks Restrictions Into Law
President Bush signed a bill Friday that would set restrictions on the government’s pilot program to allow Mexican trucks access to U.S. highways, the Associated Press reported.
May 29, 2007Consumer Confidence Gains in May
Consumer confidence improved in May, the New York-based Conference Board said Tuesday.
May 29, 2007DAF to Boost Truck Output To Meet High European Demand
DAF Trucks NV, a unit of U.S. truck maker Paccar Inc., plans to increase production at its main plant by about 5% to 192 vehicles per day starting in June to meet high European freight transport demand, Bloomberg reported Tuesday.
May 29, 2007AirIq Posts Small 1Q Profit
FedEx to Increase Quarterly Dividend
FedEx Corp. said it will raise its quarterly dividend to 10 cents a share, from 9 cents, on July 2.
May 29, 2007PSE&G to Buy Hybrid Trucks
New Jersey utility company Public Service Electric and Gas Co. Tuesday unveiled plans Tuesday to replace 1,300 vehicles with hybrids and making changes in other areas of its corporate fleet.
May 29, 2007