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Business: Page 936
Business
Monthly tonnage index up 1.6% in September; year-to-year up 5.9%
The American Trucking Associations’ advance seasonally adjusted For-Hire Truck Tonnage Index increased 1.6 percent in September after falling a revised 0.5 percent in August, ATA said Tuesday, Oct. 25. The latest gain put the adjusted index at 115.8 in September, up from the August level of 114. The nonseasonally adjusted index, which represents the change […]
October 25, 2011
Business
UPS posts higher 3Q net income
UPS on Tuesday, Oct. 25, announced net income of $1.04 billion for the 2011 third-quarter period, up from $991 million during the prior-year period. Total revenue increased 8 percent from $12.2 billion to $13.2 billion. During the quarter, UPS delivered 965 million packages, an increase of 0.7 percent over the prior-year period. The Atlanta-based company […]
October 25, 2011
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Business
Heartland Express posts lower 3Q net income
Heartland Express Inc. on Tuesday, Oct. 25, announced operating revenues for the third quarter ended Sept. 30 increased 4.2 percent to $132.5 million from $127.2 million in the third quarter of 2010. Net income was $15.4 million compared to $18.3 million, a 15.8 percent decrease. The North Liberty, Iowa-based company posted an operating ratio of […]
October 25, 2011
Business
Ryder says 3Q earnings from continuing ops up 44%
Ryder System Inc., a provider of transportation and supply chain management solutions, on Tuesday, Oct. 25, reported earnings from continuing operations of $56.9 million for the three-month period ended Sept. 30, up 44 percent from $39.7 million in the year-earlier period. The Miami-based company said the increase primarily reflects strong organic growth in commercial rental, […]
October 25, 2011
Business
Reach commercial van launched at plant dedication
Utilimaster Corp., a manufacturer of walk-in vans and commercial truck bodies for the delivery and service market, and medium-duty cab-over truck maker Isuzu Commercial Truck of America on Tuesday, Oct. 25, celebrated the launch of the Reach commercial van with a plant dedication at Utilimaster’s headquarters located in Wakarusa, Ind. Introduced in March, the Reach […]
October 25, 2011
Business
C.H. Robinson reports higher 3Q profit
Third-party logistics company C.H. Robinson Worldwide Inc. on Tuesday, Oct. 25, announced total revenue for the third quarter ended Sept. 30 of $2.695 billion, an increase of 11.3 percent from $2.42 billion during the same 2010 timeframe. Net income was $114.35 million, an 11.4 percent increase from $102.63 million. For the nine months ended Sept. […]
October 25, 2011
Business
FMCSA wants to amend Unified Registration System proposal
The Federal Motor Carrier Safety Administration wants to amend its proposal regarding establishment of the Unified Registration System required by the ICC Termination Act of 1995 and originally announced in a May 19, 2005, notice of proposed rulemaking. URS is the replacement system for several existing registration and information systems for motor carriers, property brokers […]
October 25, 2011
Business
Penske offering 2012 truck inventory for quick delivery
Penske Truck Leasing announced that it has a new inventory of 2012 commercial tractors and trucks from Freightliner, Volvo and Peterbilt available for quick delivery as part of its full-service truck leasing program. For full vehicle specs and details, go to www.pensketruckleasing.com/vehicles/special_inventory.html?CID=2011LeasePoolStockPressRelease or call 866-285-5819 to speak with a sales representative. Certain terms and conditions […]
October 25, 2011
Business
Tacoma port commissioners to consider 2012 budget
Port of Tacoma commissioners have scheduled two public meetings to consider the port’s 2012 budget, business forecast, finance plan and tax levy. The first budget meeting on Thursday, Oct. 27, will include an in-depth look at business forecasts, capital building plans, the tax levy and the 2011 budget. Commissioners will invite public comment at this […]
October 25, 2011
Business
Tradewinds implements Pegasus TransTech’s remote document imaging products
Tradewinds, a truckload carrier based in Arcadia, Ind., has implemented Pegasus TransTech’s remote document imaging products – Transflo Express truckstop scanning, Transflo Now! anywhere scanning for laptop or desktop computers, and Transflo Now! for iPhone. Tradewinds operates 110 units and handles time-sensitive freight nationwide, but specializes in the Midwest and East Coast. According to Ben […]
October 25, 2011
Business
Purolator International names Cikos director, finance and administration
Purolator International, a provider of U.S.-Canada logistics, announced the appointment of William Cikos as director of finance and administration, where he will oversee all financial aspects of the global services organization. Cikos will concentrate on strategic planning and analysis and assume all aspects of financial control, budgeting and administrative support for the company. “William Cikos […]
October 25, 2011
Business
Roush CleanTech names Jenkins eastern region fleet sales manager
Roush CleanTech, a provider of propane autogas vehicle technology, announced the appointment of Chelsea Jenkins as eastern region fleet sales manager. Based in Virginia Beach, Va., Jenkins will work with East Coast-based public fleets, propane companies and school districts to market Roush CleanTech’s liquid propane autogas technology and educate companies about the benefits of alternative […]
October 25, 2011
Business
FedEx recognizes Entrepreneurs of the Year
FedEx Ground has recognized three entrepreneurs whose businesses provide transportation services for the company. During a private banquet in Pittsburgh, Travis Boardman (Travis Boardman Inc., Salisbury, Md.), Doug Hawkins (Blue Skyz Enterprises Inc., Lenexa, Kan.) and Joe Robinson (Eagleview Logistics, Toledo, Ohio) were named FedEx Ground Entrepreneurs of the Year. The distinction recognizes them for […]
October 25, 2011
Business
Inter-Continental Gear & Brake opens Dallas-Fort Worth location
Inter-Continental Gear & Brake USA Inc. has announced the opening of its new Dallas-Fort Worth location. The store will be located in Grand Prairie, Texas, and its products will include light-, medium- and heavy-duty powertrain components for transmissions, transfer-case and axle, clutches, hydraulics, driveline parts and heavy-duty brake components.
October 25, 2011
Business
Accuride names Blair senior VP/supply chain management
Accuride Corp. has appointed Mary Blair senior vice president of supply chain management, responsible for the company’s global activities in the areas of strategic sourcing, logistics, supplier quality and development and inventory control and planning. Blair joins Accuride from UCI International, where she had served as a vice president leading supply chains for UCI’s four […]
October 25, 2011
Business
Hamilton Caster rolls out Ultra Maxi-Duty series
Hamilton Caster’s Ultra Maxi-Duty series, with a load rating of up to 40,000 pounds per caster, has a 14-by-14-inch 1-inch-thick mounting plate and a main load bearing assembly with two precision-thrust bearings for smoother swiveling. Three robust wheel types are offered in both single-wheel and dual-wheel versions: Poly Press-On, forged steel and Nylast (high-capacity cast […]
October 25, 2011
Business
Tony’s Fine Foods to install PAR LMS on reefers
PAR Logistics Management Systems (PAR LMS), a wholly-owned subsidiary of PAR Technology Corporation, announced that Tony’s Fine Foods will install its Two-Way Reefer Monitoring and Control System throughout its refrigerated fleet of 156 trailers serving markets in six states. Tony’s Fine Foods is the largest privately owned distributor of deli, bakery, food service, specialty, and […]
October 25, 2011
Business
U.S. average diesel price rises 2.4 cents
The U.S. average price of a gallon of diesel increased for the second straight week, rising 2.4 cents to $3.825 during the week ended Monday, Oct. 24, according to the U.S. Department of Energy’s Energy Information Administration. That price is 75.8 cents higher than the same week last year. Prices rose in every region, led […]
October 24, 2011
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