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Pacer’s Fourth-Quarter Income Rises; Revenue Dips
Transportation and third-party logistics firm Pacer International’s fourth-quarter net income rose to $21.5 million or 57 cents a share, from $20.4 million or 54 cents a year earlier.
February 8, 2007
Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Wholesale Inventories Unexpectedly Drop in December
Wholesale inventories fell 0.5% in December, the most since May 2003, as sales surged, the Commerce Department reported Thursday.
February 8, 2007Initial Jobless Claims Rise 3,000 for Week
First-time U.S. jobless claims rose 3,000 last week to 311,000, the Labor Department said Thursday.
February 8, 2007Fourth-Quarter Intermodal Volume Rises 0.6%, IANA Says
Fourth-quarter intermodal volume rose 0.6% from the same period a year earlier, capping off a fifth straight year of growth, the Intermodal Association of North America said.
February 8, 2007Company Withdraws from $1.2 Billion Buyout Plan of EGL
Transportation and logistics firm EGL Inc. said Wednesday that the private firm set to buy the bulk of EGL’s stock and take the company private pulled out of the $1.2 billion deal, citing concerns about EGL’s impending 2006 earnings report.
February 7, 2007NYSE to Delist Navistar’s Shares Feb. 13
Shares of Navistar International Corp. will be delisted from the New York Stock Exchange at the close of trading on February 13, the truck manufacturer said late Tuesday.
February 7, 2007Truckers Seen Supportive of SoCal Ports’ OffPeak Program
A growing number of truckers report higher earnings since the ports of Long Beach and Los Angeles instituted their OffPeak program July 2005, the program’s sponsors said.
February 7, 2007Fourth-Quarter Productivity Rises 3%
U.S. productivity rose 3% in the fourth quarter, following a 0.1% decline in the third quarter, the Labor Department said Wednesday.
February 7, 2007Some Electronic Onboard Recorder Makers Applaud Mandate
Manufacturers of electronic onboard recorders had differing views of the federal government’s proposal to require recorders for some motor carriers, with some saying the government was treating EOBRs punitively and others hailing the move as an important safety development.
Security & Safety Briefs — Feb. 1 - Feb. 7
Iteris Reports Higher 3Q Revenue, Operating Income • Maine Lawmakers Seek ‘Real ID’ Repeal • Stepped-Up Laws, Enforcement Boost Road Safety, Paper Reports
February 7, 2007