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Ryder to Boost Dividend 3 Cents to 21 Cents a Share in March
Ryder System said Monday its board approved a 3-cent increase in its dividend, boosting the payout to 21 cents a share.
February 12, 2007Greg Werner Promoted to CEO of Werner Enterprises
Truckload carrier Werner Enterprises said late Thursday that Greg Werner had been promoted to be the company’s chief executive officer.
February 9, 2007ATA to Launch Driver Recruitment Web Site Friday
American Trucking Associations will launch its driver recruitment Web site, GetTrucking.com, Friday at 5 p.m. Eastern time.
February 9, 2007Lack of Holiday Shipping Surge Depresses 4Q Truckload Profits
Profits fell at major public truckload carriers in the fourth quarter, as declining demand for freight carriage more than eliminated the benefit of declining diesel prices, which are now lower than a year earlier.
UPS Boosts Dividend, Raises Buyback Authorization
UPS Inc. said late Thursday it increased its quarterly dividend to 42 cents a share, from 38 cents.
February 9, 2007Letters to the Editor: Hybrid Trucks, Diesel vs. Gasoline
to write a Letter to the Editor.
Undoubtedly, there is a need to pursue alternatives to decrease fuel consumption, lower our dependency on fossil fuels, promote cleaner air and reduce CO2 emissions.
ATA Petitions FMCSA for Employer Notification
American Trucking Associations has filed a petition with the Federal Motor Carrier Safety Administration last week seeking amendments to rules regarding employer notification and drivers.
February 9, 2007Highway Users Form Coalition to Oppose Toll-Road Privatization
Several groups representing truckers and motorists said Friday they have banded together to combat a growing trend toward the privatization or leasing of existing toll facilities to private investors.
February 9, 2007Vitran’s 4Q Income Flat; Company Reports Record Year
Toronto-based transportation and logistics firm Vitran Corp.’s fourth-quarter profit was $5 million or 37 cents a share, compared with $5 million or 39 cents a year earlier.
February 8, 2007Bandag’s Fourth-Quarter Income Dips
Tire retreader Bandag Inc. reported fourth-quarter net income of $10.9 million or 56 cents a share, compared with $12 million or 62 cents a year earlier.
February 8, 2007