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Beckham Promoted to CEO of USA Truck

Truckload carrier USA Truck, Van Buren, Ark., said Friday that it has appointed Cliff Beckham its president and chief executive officer.

August 10, 2007

Letters to the Editor: Fifth Wheels, Congestion Fees, HOS Ruling, Hazmat Regulations

Allow me to begin by expressing our appreciation for including information about JOST Interna-tional in the July 9 edition of Transport Topics’ Equipment & Maintenance Update supplement in an article titled, ā€œOn the Care and Feeding of the Humble Fifth Wheelā€ (E&MU, p. 1).

August 10, 2007

Contrans' Earnings Fall in 2Q

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.

August 8, 2007

Contrans' Earnings Fall in 2Q

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.

August 8, 2007

Bush Opposes Gas Tax Hike to Fund Bridge Repairs

President Bush said Thursday that he was opposed to funding bridge repairs by raising theĀ federal gasoline tax, as proposed Wednesday by Rep. James Oberstar (D-Minn.), the Associated Press reported.

August 10, 2007

Truck Demand Poised for Rebound, Says ArvinMeritor's McClure

The head of auto parts supplier ArvinMeritor said the company is seeing more interest in its heavy-duty truck components, a signal that truck demand couldriseĀ  toward the end of the year, Bloomberg News reported.

August 8, 2007

TransForce Posts Lower 2Q Profit

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.

August 8, 2007

Buffett's Berkshire Hathaway Increases BNSF Stake

Berkshire Hathaway, the firm owned by billionaire Warren Buffett, has increased its stake in Burlington Northern Santa Fe Corp., the second largest U.S. railroad, Bloomberg News reported.

August 8, 2007

Mullen Group's Profits Sink in Second Quarter

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.

August 8, 2007

Jobless Claims Rise 7,000 for Week

Initial jobless claims rose 7,000 to 316,000 last week, the Labor Department said Thursday.

August 9, 2007