Contrans’ First-Quarter Income Declines
Canadian firm Contrans Income Fund said Tuesday its first-quarter income fell to C$5 million, or 17 cents per unit, from C$8.1 million, or 28 cents, a year ago.
May 13, 2008Clarke Reports First-Quarter Loss
Canadian holding company Clarke Inc. Monday reported a first-quarter loss of C$2.1 million, or 7 cents per share, compared with net income of C$12.1 million, or 28 cents, a year ago.
May 12, 2008President Bush Declares ‘National Transportation Week’
President Bush declared this week as “National Transportation Week” and Saturday to be “National Defense Transportation Day,” the White House said Friday.
May 12, 2008ATA Unveils Sustainability Plan; Backs Truck Fuel-Use Standard
American Trucking Associations launched a major initiative to meet the industry’s growing fuel-price crisis, supporting for the first time national truck fuel-economy standards.
May 12, 2008Expeditors’ First-Quarter Income Improves
Logistics firm Expeditors International of Washington said its first-quarter profit rose 12% to $66.5 million, or 30 cents a share, from $59.3 million, or 27 cents, a year ago.
May 8, 2008A&R Logistics Buys West Coast Transporter
A&R Logistics said Wednesday it acquired Pacific Chemical Distribution Corp. and its affiliate Pacific Bulk Transportation Co., for an undisclosed sum.
May 7, 2008ATA Calls for 65-MPH Speed Limit to Curb Fuel Consumption
An American Trucking Associations official asked a congressional panel to set a national speed limit of 65 miles per hour, as part of a series of steps ATA said would support the trucking industry’s efforts to reduce fuel consumption and address the escalating cost of diesel.
May 7, 2008Pacer’s First-Quarter Income Improves
Transportation and third-party logistics firm Pacer International’s first-quarter profit rose to $14.3 million, or 41 cents a share, from $7.8 million, or 21 cents, a year ago, the company said.
May 6, 2008Mullen’s 1Q Income Declines; Truck Segment Improves
Canadian transportation firm Mullen Group Income Fund’s first-quarter profit fell but its trucking and logistics unit’s performance improved, the company said late Monday.
May 6, 2008Diesel Falls 2.8¢ to $4.149; Gasoline, Oil Reach Records
The national average price of diesel fuel fell for the first time in a month, declining 2.8 cents to $4.149 a gallon, the Energy Department said Monday.
May 6, 2008