Logistics

More than 375 professional truck drivers from all 50 states are expected to compete this week in what American Trucking Associations calls the “Super Bowl of Safety” — the National Truck Driving Championships in Minneapolis.

The national average retail price of diesel fell 5.1 cents last week to $2.847 a gallon — its largest weekly drop since January — while the gasoline average fell 6.7 cents to $2.771 a gallon.

Logistics management firm Smart Move lost $2.5 million or 23 cents a share in the second quarter, compared with a loss of $3.4 million or 75 cents a year ago.

Logistics firm US 1 Industries said late Tuesday its second-quarter net jumped to $1.1 million or 9 cents a share, from $317,000 or 3 cents a year ago.

American Trucking Associations said it is bringing back its Information Technology and Logistics Council to meet a growing demand by ATA carrier members seeking technical and educational opportunities for their IT, logistics and operations managers.

Canadian firm Contrans Income Fund’s second-quarter income dropped to C$1.5 million or 5 cents a unit, from C$10.3 million or 36 cents a year ago.

Canadian firm Contrans Income Fund’s second-quarter income dropped to C$1.5 million or 5 cents a unit, from C$10.3 million or 36 cents a year ago.

Canadian transportation firm TransForce Income Fund said late Wednesday it earned C$26.3 million or 31 cents a share in the first quarter, down from C$34.9 million or 40 cents a year earlier.

Canadian transportation firm Mullen Group Income Fund said its second-quarter profit plunged 57.3% to C$16.6 million or 21 cents a share, from C$38.9 million or 64 cents a year earlier.