Truckload carrier Werner Enterprises’ third-quarter profit declined 11% from a year ago, to $21.9 million or 30 cents per share, from $24.6 million or 31 cents last year.
October 16, 2007Search
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Industrial Production Rises 0.1% in September
Industrial production rose 0.1% in September, the Federal Reserve said Tuesday.
October 16, 2007Supervalu’s Earnings Rise for Fiscal 2Q
Grocery chain Supervalu Inc. earned $148 million, or 69 cents a share, for its second quarter ended Sept. 8, up from $132 million or 61 cents a year earlier.
October 16, 2007Two TSA Laptop Computers Stolen
Two laptop computers with personal information about U.S. commercial drivers who transport hazardous materials are missing and considered stolen, the Associated Press reported Tuesday.
October 16, 2007ATA Expects 11-Hour HOS Limit Will Hold
ATA President Bill Graves said Friday that he expects a court’s 90-day stay will give federal regulators enough time to issue an interim final rule maintaining an 11-hour limit for truck drivers’ hours of service, the Associated Press reported.
October 15, 2007UPS, Teamsters Contract Shows Enhanced Pay, Benefits
UPS Inc. employees represented by the Teamsters union will get a pay increase of $4 an hour and additional benefits worth $5 an hour under a new five-year contract, Bloomberg reported.
October 15, 2007Eaton’s Third-Quarter Earnings Rise
Heavy-duty vehicle parts manufacturer Eaton Corp. said Monday its third-quarter net earnings rose 4%, though the company lowered its full-year profit forecast.
October 15, 2007I-5 Partially Reopened Near L.A. After Big Weekend Accident
California officials reopened southbound lanes of Interstate 5 near Los Angeles early Monday after a 31-vehicle pileup over the weekend killed three and closed a freeway tunnel, USA Today reported.
October 15, 2007U.S. Retail Diesel Average Dips 1.3¢
The average retail price of diesel fuel fell 1.3 cents last week to $3.035 a gallon, the first decline after five straight increases, the Department of Energy said.
October 15, 2007Daimler Sheds Chrysler Brand, Renames N. American Division
Daimler AG marked the end of its nine-year marriage to Chrysler, dropping the U.S. automaker from its corporate name and renaming Freightliner LLC, its U.S. truck-building subsidiary, Daimler Trucks North America LLC.
October 15, 2007