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GAO Cites Risks to Public-Private Partnerships

While there are some benefits, the risks associated with public-private highway partnership agreements range from higher tolls and traffic diversion to political trade-offs and potential tax losses, according to a report issued by the Government Accountability Office.

February 12, 2008

Ryder Boosts Dividend

Ryder System鈥檚 board approved a 2-cent increase in its quarterly dividend, to 23 cents a share.

February 11, 2008

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

Trimac Names Connard U.S. Unit President

Bulk transporter Trimac Transportation said it had promoted Tom Connard to president of Trimac鈥檚 U.S. operations.

February 11, 2008

Letters to the Editor: Reefer Rules, Fuel Tax Increase, Left Lane 鈥楤an鈥

Transport Topics does a service to its readership with its continuing coverage of environmental regulations, and the Jan. 21 issue is no exception.

February 11, 2008

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 鈥渞elatively flat鈥 level for years, and that trend leads officials at the National Highway Traffic Safety Administration to recommend using 鈥淏uck Rogers鈥-style technologies to lower accident rates.

February 11, 2008

Truck Fatality Figures Reach Record Lows, ATA Says

Three of the primary measures of large truck safety fell to record lows in 2006, American Trucking Associations said Friday.

February 8, 2008

Navteq鈥檚 Profit Jumps for Quarter, Year

Navteq Corp., a maker of maps used in transportation navigation, said its fourth-quarter profit rose to $61.9 million, or 61 cents per share, from $42.9 million, or 45 cents, a year earlier.

February 7, 2008

P.A.M. Reports Fourth-Quarter Loss

Truckload carrier P.A.M. Transportation Services said it lost $840,000, or 8 cents a share, in the fourth quarter, compared with net income of $4.3 million, or 41 cents, a year earlier.

February 8, 2008

DOT Approves I-73 Project in South Carolina

The Department of Transportation said Friday that South Carolina can move forward with its plans to build Interstate 73 in the state.

February 8, 2008