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Saia Buys Wisconsin LTL Carrier for $2.5 Million
Less-than-truckload carrier Saia Inc. said Thursday it has acquired Wisconsin-based LTL company Madison Freight Systems for about $2.5 million.
February 1, 2007
Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Security & Safety Briefs — Jan. 25 - Jan. 31
TSA Awards TWIC Contract to Lockheed Martin • Canada Passes Border Security Bill • Railroads to Get More Safety Scrutiny • EU Customs Chief Criticizes Cargo-Screening Measure
January 31, 2007Japan’s Hino Motors’ Fiscal Third-Quarter Profit Falls 45%
Hino Motors Ltd., Japan’s largest maker of heavy-duty trucks, saw its fiscal third-quarter profit drop 45% as the company spent more to develop new models and expand production, Bloomberg reported.
January 31, 2007Shippers Back Increasing Weight Limit for Trucks
to write a Letter to the Editor.
WASHINGTON — Shippers would like to see a switch to larger trucks, and U.S. safety inspectors monitoring size-and-weight rules could have more technology at their disposal in the coming years, according to a Transportation Research Board panel discussion here.
STB Ruling Hits Rail Fuel-Surcharge Practices
The Surface Transportation Board ruled that freight railroads not calculate their fuel surcharges as a percentage of their base rates.
January 31, 2007Con-way’s 4Q Income Improves on Vector Sale
Transportation firm Con-way Inc. earned $82.4 million or $1.66 a share in the fourth quarter, up from $49.9 million or 90 cents a year earlier.
January 30, 2007Performance Transportation Services Emerges From Chapter 11
Automobile carrier Performance Transportation Services said late Monday it emerged from its voluntary Chapter 11 bankruptcy proceeding.
January 30, 2007C.H. Robinson’s Fourth-Quarter, Full-Year Income Show Gains
Transportation and logistics firm C.H. Robinson Worldwide's 2006 net income rose to $266.9 million or $1.53 a share, up from $203.4 million or $1.16 in 2005.
January 30, 2007Quality Distribution Lowers Fourth-Quarter Forecast
Tank truck carrier Quality Distribution lowered its earnings guidance for the fourth quarter and full-year 2006, due to lower seasonal demand.
January 29, 2007TMW President Says Slowdown Not Expected for ’07 Sales
The president of trucking software provider TMW Systems said he does not expect a slowdown in sales this year, even as some trucking companies face a downturn in demand for freight-hauling services.