Technology Briefs — March 13 - March 19
Eaton Wins Patents for Hybrid-Electric Power • CSX Joins EPA Greenhouse-Gas Reduction Program • UPS Boosts Technology Offering
March 19, 2007Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Wabash Reports Dip in 1Q Trailer Production
Trailer maker Wabash National Corp. said Friday its first-quarter sales will drop by about 1,000 units from the previous first quarter to about 10,800 trailers.
March 16, 2007Diesel Rises 5.9 Cents to $2.685 a Gallon in Sixth Straight Gain
The average national price of diesel fuel gained another 5.9 cents from last week in rising to $2.685 a gallon, a sixth straight increase, the Department of Energy said Monday.
March 13, 2007Dynamex Reports Higher Second-Quarter Profit
Logistics and delivery firm Dynamex Inc. said its fiscal second-quarter net income rose to $3.7 million or 35 cents a share, from $2.7 million or 24 cents a year earlier.
March 9, 2007Mullen’s 4Q Income Declines; Full-Year Results Improve
Canadian transportation firm Mullen Group Income Fund reported its fourth-quarter profit fell to C$14 million or 17 cents per share, from C$24.7 million or 52 cents a year earlier.
March 7, 2007Chip Watkins Resigns as CEO of FedEx National LTL
FedEx National LTL, FedEx Corp.’s long-haul less-than-truckload unit, said that Chip Watkins, the division’s president, has resigned for personal reasons.
March 7, 2007Diesel Jumps 7.5 Cents to $2.626; Gas Soars 12.2 Cents
The average national price of diesel fuel jumped 7.5 cents to $2.626 a gallon, while gasoline soared 12.2 cents from last week to $2.505, the Department of Energy said Monday.
March 6, 2007Contrans’ Fourth-Quarter Income Rises
Canadian firm Contrans Income Fund reported it earned C$7.8 million or 34 cents a unit, compared with C$6.3 million or 33 cents a year earlier.
March 6, 2007Clarke Reports Higher Fourth-Quarter Profit
Canadian holding company Clarke Inc. on Monday reported fourth-quarter net income of C$4.4 million or 28 cents a share, up from C$3.2 million or 23 cents a year earlier.
March 5, 2007More Fleets Enter China Offering Trucking, Logistics
Schneider National Inc., which recently received a license to operate as a domestic carrier in China, is at the leading edge of a growing Asian investment wave by U.S. fleets, joining both truckload and less-than-truckload companies that have partnerships or logistics operations there.
March 2, 2007