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U.S. Worker Productivity Climbs at 6.2% Rate

U.S. workers’ productivity surged in the fourth quarter to an annual rate of 6.2%, capping the largest one-year gain since 2003, the Labor Department said Thursday.

February 4, 2010

Judge Rules Against Calif. Trucking Company over Classification

A state judge in Los Angeles has issued a civil judgment against a California trucking company that misclassified its drivers as independent contractors, California Attorney General Edmund Brown Jr. said Thursday.

February 4, 2010

ISM Services Index Improves

The U.S. economy’s service sector improved in January for the first time in three months, the Institute for Supply Management said Wednesday.

February 3, 2010

Patriot’s Fiscal 1Q Earnings Decline

Tank and bulk carrier Patriot Transportation Holding’s fiscal first-quarter net income fell 23.5% to $1.34 million, or 43 cents per share, from $1.7 million, or 56 cents, a year ago.

February 3, 2010

Covenant’s 4Q Loss Narrows

Covenant Transportation Group said late Wednesday its fourth-quarter loss narrowed from a year ago, as freight revenue declined.

February 3, 2010

Opinion: Truck Driver Training: The Reality

We almost made it through 2009 without another national news exposé of the trucking industry, but then came November and December. This time, the focus was on truck driver training and motor carrier employment practices.

February 4, 2010

Great Dane Buys Refrigerated Truck Body Maker

Great Dane Trailers said Wednesday it has acquired Johnson Refrigerated Truck Bodies, which makes insulated fiberglass refrigerated truck bodies. Terms were not released.

February 3, 2010

Oil Holds Over $77 Following DOE Report

Oil prices held over $77 a barrel Wednesday following a report that showed inventories rose last week, Bloomberg reported.

February 3, 2010

Cummins’ Fourth-Quarter Profit Jumps to $270 Million

Diesel engine maker Cummins Inc. said Tuesday its profit jumped in the fourth quarter due in part to strong sales in China, India and Brazil.

February 2, 2010

C.H. Robinson’s 4Q Profit Declines

Transportation and third-party logistics firm C.H. Robinson Worldwide reported a fourth-quarter profit of $87.7 million, or 52 cents a share, down slightly from $88.9 million, or 52 cents a share, a year ago.

February 2, 2010