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Logistics News
Business, Safety, Logistics, Government

CTA Asks for Standard Anti-Rollover Technology

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.

November 26, 2007
Business, Safety, Government, Logistics

TransForce to Acquire Thibodeau Group

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

November 26, 2007
Business, Safety, Government, Logistics

NITL President Ficker Resigns

John Ficker, president of the National Industrial Transportation League, will step down at the end of November, NITL said Monday.

November 19, 2007
Business, Safety, Government, Logistics, Equipment

Fenway Partners Acquires Consolidated Fastfrate

Private Equity firm Fenway Partners, New York, N.Y., said Monday it acquired Canadian transportation firm Consolidated Fastfrate.

November 19, 2007
Business, Logistics

UP to Increase Dividend

Union Pacific, the largest U.S. freight railroad, announced it is increasing the quarterly dividend it pays to investors.

November 15, 2007
Business, Logistics

Hub Group Announces $75 Million Stock Buyback

Logistics firm Hub Group, Downer’s Grove, Ill., said Thursday it has authorized a $75 million stock buyback.

November 15, 2007
Business, Logistics

AirIQ Posts 3Q Loss

Canadian technology firm AirIq Inc., which provides wireless location services to the trucking industry, said it lost C$3.4 million, or 2 Canadian cents per share, in the third quarter, compared with a loss of C$1.2 million, or 1 Canadian cent, a year earlier.

November 13, 2007
Business, Logistics

US 1 Industries’ Income Rises

Logistics firm US 1 Industries’ third-quarter income rose to $789,060 or 6 cents a share, from $706,327 or 6 cents a year ago.

November 13, 2007
Business, Fuel, Logistics, Government

Editorial: Still Missing a National Fuel Policy

The fuel price spiral has resumed, sending diesel and crude oil costs to never-before-seen levels, even as the economy stumbles along and fleets grapple with declining freight levels in 10 of the past 12 months.

November 9, 2007
Business, Safety, Government, Logistics

Mullen’s Third-Quarter Income Gains

Canadian transportation firm Mullen Group Income Fund’s third-quarter profit rose to C$38 million or 45 cents a share, from C$32.1 million or 45 cents a year earlier.

November 7, 2007
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