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Technology Briefs — March 13 - March 19
Eaton Wins Patents for Hybrid-Electric Power • CSX Joins EPA Greenhouse-Gas Reduction Program • UPS Boosts Technology Offering
March 19, 2007Wabash Reports Dip in 1Q Trailer Production
Trailer maker Wabash National Corp. said Friday its first-quarter sales will drop by about 1,000 units from the previous first quarter to about 10,800 trailers.
March 16, 2007Diesel Rises 5.9 Cents to $2.685 a Gallon in Sixth Straight Gain
The average national price of diesel fuel gained another 5.9 cents from last week in rising to $2.685 a gallon, a sixth straight increase, the Department of Energy said Monday.
March 13, 2007Dynamex Reports Higher Second-Quarter Profit
Logistics and delivery firm Dynamex Inc. said its fiscal second-quarter net income rose to $3.7 million or 35 cents a share, from $2.7 million or 24 cents a year earlier.
March 9, 2007Mullen’s 4Q Income Declines; Full-Year Results Improve
Canadian transportation firm Mullen Group Income Fund reported its fourth-quarter profit fell to C$14 million or 17 cents per share, from C$24.7 million or 52 cents a year earlier.
March 7, 2007Chip Watkins Resigns as CEO of FedEx National LTL
FedEx National LTL, FedEx Corp.’s long-haul less-than-truckload unit, said that Chip Watkins, the division’s president, has resigned for personal reasons.
March 7, 2007Diesel Jumps 7.5 Cents to $2.626; Gas Soars 12.2 Cents
The average national price of diesel fuel jumped 7.5 cents to $2.626 a gallon, while gasoline soared 12.2 cents from last week to $2.505, the Department of Energy said Monday.
March 6, 2007Contrans’ Fourth-Quarter Income Rises
Canadian firm Contrans Income Fund reported it earned C$7.8 million or 34 cents a unit, compared with C$6.3 million or 33 cents a year earlier.
March 6, 2007Clarke Reports Higher Fourth-Quarter Profit
Canadian holding company Clarke Inc. on Monday reported fourth-quarter net income of C$4.4 million or 28 cents a share, up from C$3.2 million or 23 cents a year earlier.
March 5, 2007More Fleets Enter China Offering Trucking, Logistics
Schneider National Inc., which recently received a license to operate as a domestic carrier in China, is at the leading edge of a growing Asian investment wave by U.S. fleets, joining both truckload and less-than-truckload companies that have partnerships or logistics operations there.