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Patriot Transportation鈥檚 Fiscal 1Q Income Improves

Patriot Transportation Holding reported net income of $2.2 million or 69 cents a share for its fiscal first quarter, up from $1.9 million or 62 cents a year earlier.

February 2, 2007

Air Cargo Shipments Decline in December, Rise for Year

Air cargo shipments fell in December, led by a decline in domestic shipments, but they climbed for the year, the Air Transport Association said Friday.

February 2, 2007

Florida Storms Cause Accidents, Wreak Havoc in State

Big thunderstorms and tornadoes blew through central Florida Friday, killing as many as 19 people and causing accidents on interstates, including one that tossed a tractor-trailer airborne, news reports said.

February 2, 2007

ISM Manufacturing Index Shows Contraction in January

The Institute for Supply Management鈥檚 January manufacturing index showed a contraction, as factories reined in orders to trim inventories, ISM said Thursday.

February 1, 2007

Personal Spending Rises 0.7% in December

Consumer personal spending rose in December by the most in five months and personal incomes also rose, the Commerce Department said Thursday.

February 1, 2007

Truck Suppliers See Obstacles in Push for 鈥榃orld鈥 Vehicle

LAS VEGAS 鈥 Leading heavy-duty truck components manufacturers said technology exists today to build a safer, environmentally friendly and low-cost heavy-duty 鈥渨orld truck,鈥 but major obstacles are consumer acceptance and the lack of a single global standard for emissions and safety technology.

February 1, 2007

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

Canadian For-Hire Companies鈥 Revenue Rose in 2Q 鈥06

There were an estimated 3,336 for-hire trucking companies based in Canada with annual revenues of $1 million or more in the second quarter of 2006, almost unchanged from the same quarter in 2005, Statistics Canada said Thursday.

February 1, 2007

Security & Safety Briefs 鈥 Jan. 25 - Jan. 31

TSA Awards TWIC Contract to Lockheed Martin 鈥 Canada Passes Border Security Bill 鈥 Railroads to Get More Safety Scrutiny 鈥 EU Customs Chief Criticizes Cargo-Screening Measure

January 31, 2007

Japan鈥檚 Hino Motors鈥 Fiscal Third-Quarter Profit Falls 45%

Hino Motors Ltd., Japan鈥檚 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, 2007