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Business: Page 1142
Business
September NAFTA trade up 19.3% from last year
Trade using surface transportation between the United States and its North American Free Trade Agreement partners Canada and Mexico was 19.3 percent higher in September 2010 than in September 2009, reaching $68.3 billion, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation. The value of U.S. surface transportation trade with Canada […]
November 30, 2010
Business
Patriot’s 4Q, fiscal year profit both up nearly 100%
Patriot Transportation Holding Inc. on Tuesday, Nov. 30, reported net income of $1,994,000 in the fourth quarter of fiscal 2010, an increase of $995,000 or 99.6 percent compared to net income of $999,000 in the same period last year. Net income for the fiscal year ended Sept. 30, 2010, was $7,371,000, an increase of $3,618,000 […]
November 30, 2010
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Business
Dynamex accepts increased offer from original buyer
Dynamex Inc., a provider of same-day delivery and logistics services, on Tuesday, Nov. 30, announced that it has accepted an increased offer to be acquired by an affiliate of Greenbriar Equity Group for a price of $24 per share, or about $237.8 million. Dynamex says the price per share offered by Greenbriar matched the price […]
November 30, 2010
Business
USA Dry Van Logistics emerges from Chapter 11, has new CEO
USA Dry Van Logistics, a national provider of asset-based transportation and third-party logistics specializing in cross-border shipments between Mexico and the United States, on Tuesday, Nov. 30, announced its emergence from bankruptcy. The McAllen, Texas-based company says that in less than 10 months, it was able to restructure the business and continues to operate with […]
November 30, 2010
Business
Schneider National Bulk Carriers boosts owner-operator pay
The Tanker division at Schneider National, Schneider National Bulk Carriers, is increasing owner-operator compensation by $.05 per mile. The new rate increases owner-operator compensation to $1.05 per mile, plus fuel surcharge, for loaded and unloaded miles. Schneider says its Tanker owner-operators average 125,000 miles a year and, with the increase for this group taking effect […]
November 30, 2010
Business
Senate committee OKs Diesel Emissions Reduction Act reauthorization
The passage of the Diesel Emissions Reduction Act by the U.S. Senate Environment and Public Works Committee on Tuesday, Nov. 30, was hailed by the Diesel Technology Forum as a major step in continuing “a vital clean air program that has benefited communities in every single state in the nation,” according to Allen Schaeffer, DTF […]
November 30, 2010
Business
Drug use among fatally injured drivers up over last five years
In a new report on drug use by drivers involved in America’s fatal crashes, the National Highway Traffic Safety Administration on Tuesday, Nov. 30, reported post-mortem testing results showing an increase in the level of drug involvement among fatally injured drivers over a five-year period from 2005 to 2009. Drug involvement does not mean the […]
November 30, 2010
Business
Celadon Trucking drivers using Transflo Now scanning
Pegasus Transtech announced that Celadon Trucking of Indianapolis recently introduced Transflo Now to its 3,000-power-unit fleet to provide drivers with a convenient, easy way to transmit delivery documents using their own PCs. “Transflo Now comes in as though from a truck stop (scan station),” said Mike Gabbei, Celadon’s chief information officer. “It’s transparent to our […]
November 30, 2010
Business
Gordon Trucking selects Sleep HealthCenters
After a successful pilot program, Gordon Trucking has chosen Sleep HealthCenters to provide a nationwide comprehensive sleep apnea screening and treatment program. The program is designed to enhance roadway safety by improving the health of commercial drivers through education, diagnosis and treatment of sleep apnea. Gordon Trucking’s driver screening program is expected to begin before […]
November 30, 2010
Business
Collective Data releases Extended Asset Module
Collective Data Inc., a provider of fleet management software systems, recently released the Extended Asset Module, a product designed to help fleets manage assets beyond the fleet. “Organizations are following a growing trend to do more with less and consolidate software systems to manage all assets,” says Jason Wonase, president of Collective Data. “Our software […]
November 30, 2010
Business
SKF releases Distributor Economic Booklet
SKF recently released its “Power of One” booklet, the second in the SKF Distributor Economic Series. The booklet is written to help automotive and heavy-duty aftermarket distributors realize their full sales potential, and explains how every contribution – no matter how small – can have a large effect on the bottom line. The booklet now […]
November 30, 2010
Business
Graymills releases parts washer resource catalog
Graymills’ parts washer resource catalog, which features sections on “Selecting the right parts washer” and “Choosing your cleaning action,” provides information and helpful tips in the parts washer/cleaning fluid selection process. The catalog displays the full line of aqueous, solvent, ultrasonic and bioremediation parts washing equipment available from Graymills. Parts washer features and specifications, including […]
November 30, 2010
Business
Extraction kit helps Broken Bolt expand presence
Broken Bolt says it has launched a nationwide expansion to address the increasing need for its Bolt Extraction Kit. “This particular tool has been very successful in its local market,” says Luke Dubay, partner at Broken Bolt. “It has proven to help the age-old problem of how to remove broken bolts.” Designed to improve the […]
November 30, 2010
Business
Groups sue to block CSA 2010
ATA continues to back program and won’t support effort Three organizations representing motor carriers asked a federal appeals court on Tuesday, Nov. 29, to block implementation of the Comprehensive Safety Analysis 2010 initiative or at least to prohibit the public release of certain CSA data until the Federal Motor Carrier Safety Administration completes a rulemaking […]
November 30, 2010
Business
White House reviews HOS documents plan
The Department of Transportation has sent to the White House Office of Management and Budget a proposed rule that would establish regulations governing supporting documents needed to verify drivers’ records of duty status, or logs. The Federal Motor Carrier Safety Administration has said it will consider reducing or eliminating current paperwork burdens associated with supporting […]
November 30, 2010
Business
NHTSA, EPA publish heavy truck mpg, GHG proposal
The National Highway Traffic Safety Administration and the Environmental Protection Agency on Tuesday, Nov. 30, officially published their previously announced joint proposal for the first-ever national fuel economy and greenhouse gas reduction (GHG) reduction standards on medium- and heavy-duty trucks and buses. President Obama ordered the new standards in May, calling on them to be […]
November 29, 2010
Business
Diesel slides by almost 1 cent
Diesel prices have continued to fall after their recent surge, dipping .9-cent during the week ended Nov. 29, according to the U.S. Department of Energy’s Energy Information Administration. The average price is now $3.162, which is more than 21 cents higher than the level at the end of September when prices began to surge. In […]
November 29, 2010
Business
Comments sought on compliance dates for key traffic regulations
The U.S. Department of Transportation on Monday, Nov. 29, called for additional public input on compliance dates for a number of federal traffic control regulations, ranging from road sign reflectivity to crosswalk timing. The public will have 45 days from Tuesday, Nov. 30, to submit comments to the Federal Register. Comments should be directed to […]
November 29, 2010
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Top Stories
Mergers & Acquisitions
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