Truckload carrier Celadon Group said late Wednesday its fiscal first-quarter profit plunged 64.8% and that it had authorized a buyback of two million shares of its stock.
October 25, 2007Search
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Bill Offering Safety Tax Credit Praised
A bill introduced in the House of Representatives that would give trucking fleets a 50% tax credit for investing in safety technologies has won praise from transportation and safety officials, but they acknowledged the legislation likely faces an uphill battle.
October 24, 2007Editorial: Incentives Matter
The dependably agreeable weather of Florida this time of year is an incentive for the industry to meet again in Orlando for American Trucking Associations鈥 annual Management Conference & Exhibition.
October 25, 2007Opinion: 鈥楲oad 鈥檈m High and Tight...鈥
My dad started Graves Truck Lines, with his dad, in 1935 at the height of the Great Depression. It was their response to the 鈥淲hat now?鈥 that followed the loss of the family farm.
October 26, 2007House Passes Rail Safety Bill
The House passed legislation last week that would require the Secretary of Transportation to develop a long-term strategy for improving railroad safety.
October 24, 2007Marten鈥檚 Third-Quarter Income Declines
Refrigerated truckload carrier Marten Transport鈥檚 third-quarter net income plunged 54% due to weakened freight demand and higher costs.
October 23, 2007Vitran鈥檚 Third-Quarter Profit Declines
Vitran Corp. said Tuesday its third-quarter profit was $3.1 million or 23 cents a share, down from $4.9 million or 38 cents a year ago.
October 23, 2007Hub Group Reports Higher 3Q Profit
Third-party logistics company and freight broker Hub Group鈥檚 third-quarter profit rose 23%, despite a drop in revenue and intermodal volume.
October 23, 2007Forward Air鈥檚 Third-Quarter Profit Declines
Forward Air Corp., a contractor to the air cargo industry, said its third-quarter profit fell 15% to $10.8 million or 36 cents a share, from $12.7million or 41 cents a year ago.
October 23, 2007Forward Air鈥檚 Third-Quarter Profit Declines
Forward Air Corp., a contractor to the air cargo industry, said its third-quarter profit fell 15% to $10.8 million or 36 cents a share, from $12.7million or 41 cents a year ago.
October 23, 2007