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Scam Artists Hit Brokers, Fleets

Logistics executive Paul Lueck, a 27-year veteran of the transportation business, thought he’d seen it all before the silver-tongued con man from what turned out to be a fictitious Jonesboro, Ark., trucking company came calling last summer.

November 17, 2008

Mullen’s Third-Quarter Income Slips

Canadian transportation firm Mullen Group Income Fund said Thursday its third-quarter profit slipped to C$36.2 million, from C$38 million a year ago, while earnings per unit held at 45 cents.

November 6, 2008

Expeditors’ 3Q Income Improves

Logistics firm Expeditors International of Washington said its third-quarter net income rose 15% to $85.5 million, or 39 cents a share, from $74.3 million, or 34 cents, a year ago.

November 4, 2008

TransForce Reports Lower 3Q Income

Canadian transportation firm TransForce Inc. said its third-quarter net income slipped to C$26.5 million, or 31 cents per unit, from C$28.5 million, or 33 cents, a year ago.

November 3, 2008

NTSB Adds EOBRs to ‘Most Wanted’ List

The National Transportation Safety Board has added mandatory use of electronic onboard recorders to its annual list of “most wanted†safety reforms.

October 31, 2008

Maritime Commission to Challenge SoCal Ports’ Trucks Program

The Federal Maritime Commission voted to seek a court order to stop parts of the southern California ports of Los Angeles and Long Beach’s clean trucks program, the Associated Press reported.

October 30, 2008

Pacer’s 3Q Income Rises 52%

Transportation and third-party logistics firm Pacer International’s third-quarter profit rose 52% to $20.4 million, or 59 cents a share, from $13.4 million, or 38 cents, a year ago.

October 29, 2008

Greatwide Logistics to be Acquired by Investor Group

Greatwide Logistics Services, a provider of non-asset-based transportation and third-party logistics services, said it will be acquired by a private investor group.

October 21, 2008

C.H. Robinson Reports Higher 3Q Income

Transportation and third-party logistics firm C.H. Robinson Worldwide said its third-quarter profit rose to $93.6 million, or 54 cents a share, from $83.7 million, or 48 cents, a year ago.

October 21, 2008