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Logistics News
Business, Logistics

NATSO Launches New Program Focusing on Truck Stop Safety

LAKE BUENA VISTA, Fla. — NATSO, the national trade group representing truck stops and travel plazas, unveiled a new public education program here Jan. 24 as a way to help truck stops address drivers’ concerns, such as safety.

February 13, 2008
Business, Logistics

Expeditors International of Washington’s Earnings Improve

Logistics firm Expeditors International of Washington said its fourth-quarter profit rose 12% to $70.1 million, or 32 cents a share, from $62.6 million, or 26 cents, in the previous fourth quarter.

February 12, 2008
Business, Safety, Government, Logistics

Pacer’s Fourth-Quarter Profit Mixed

Transportation and third-party logistics firm Pacer International’s fourth-quarter profit slipped to $20.6 million, from $21.5 million a year ago, but per-share earnings rose to 59 cents a share, from 57 cents a year earlier.

February 12, 2008
Fuel, Business, Logistics, Government

Diesel Price Unchanged at $3.28

The average national price of retail diesel fuel held at $3.28 a gallon from a week ago, the Department of Energy said Monday.

February 11, 2008
Business, Logistics

Wabash’s Profit Improves; Sales Dip

Trailer maker Wabash National Corp. said Monday its fourth-quarter profit was $5.6 million, or 18 cents a share, compared with a loss of $5 million, or 16 cents, a year ago.

February 11, 2008
Business, Safety, Government, Logistics

NHTSA Seeks Ways to Use Technology to Reduce Truck-Involved Fatalities

A high-ranking federal safety regulator said truck-involved fatalities have been stuck at a “relatively flat” level for years, and that trend leads officials at the National Highway Traffic Safety Administration to recommend using “Buck Rogers”-style technologies to lower accident rates.

February 11, 2008
Business, Fuel, Government, Safety, Logistics

Towne Air Freight Buys Synergy Cargo Logistics

Towne Air Freight said it acquired Synergy Cargo Logistics, which will give Towne a greater presence in the southwestern United States. Terms were not disclosed.

February 11, 2008
Government, Business, Safety, Logistics

Hub Group’s Fourth-Quarter Earnings Improve

Third-party logistics company and freight broker Hub Group’s fourth-quarter profit rose 33% to a record $18 million, or 47 cents per share, up from $13.5 million, or 34 cents, a year earlier.

February 7, 2008
Fuel, Business, Logistics, Government

Diesel Rises 2.1¢ to $3.28 a Gallon

The average national price of retail diesel fuel rose 2.1 cents to $3.28 a gallon, the Department of Energy said Monday.

February 5, 2008
Business, Logistics

Express-1 Unit Buys Logistics Firm

Express-1 Expedited Solutions said it bought Concert Group Logistics for $9 million in cash and 4.8 million shares of stock.

February 4, 2008
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