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TRUCKINGS' WORLD NEWS
* ATA Cites Concerns on California Diesel Emissions Bill
USA -TTNews -3 March 2006: American Trucking Associations sent to the California state Senate committees opposing a state bill on diesel particulate matter emission monitoring... The bill, known as the “magnet bill” due to the perception that certain facilities attract diesel particulate matter emissions like magnets, will require rail yards, ports, and airports to monitor emissions at their sites, designate sources of emissions, and develop/implement mitigation plans to reduce emissions...
* ATA’s Truck Tonnage Index Gains 0.6% in January - Group's Revised Figures Show a Stronger 2005
USA -TTNews -2 March 2006: American Trucking Associations’ for-hire truck tonnage index rose 0.6% in January, the group said Monday... January's improvement pushed the seasonally adjusted index to a reading of 118, the second-highest level on record. The index was 3.2% lower than the same month a year earlier.The non-seasonally adjusted index rose 1.4% from December 2005, to 109...
* December Nafta Surface Trade Rises 13.5%
USA -TTNews -28 Feb2006: Surface trade among the United States, Canada and Mexico rose 13.5% in December from a year earlier to $59.1 billion, the Department of Transportation said Tuesday... December U.S. imports by truck rose 5.2% over a year earlier to $20.1 billion, while truck exports increased 8.1% to $19.2 billion...
* SCS, Major Investor Settle Dispute
USA -TTNews -28 Feb2006: SCS Transportation, the owner of two less-than-truckload carriers, settled a dispute with one of its major investors by placing a new member on the SCS board of directors, the two parties said Thursday...
* ATA Cites Concerns on California Diesel Emissions Bill
USA -TTNews -28 Feb2006: American Trucking Associations sent to the California state Senate committees opposing a state bill on diesel particulate matter emission monitoring...
* Segmentz Turns 4Q Profit; Changes Name to Express-1
USA -TTNews -28 Feb2006: Segmentz Inc. Friday reported a fourth-quarter profit, turning around several quarters of losses, and its board approved the company’s name change to Express-1 Expediting...
* Geber gives up bid for TNT
USA -TTNews -28 Feb2006: German investor Cornelius Geber and his US backers, Blackstone, have reportedly given up their bid for Dutch mail, express and logistics company, TNT. Apparently the premature release of information pertaining to the bid drove TNT's shares above the price they were willing to pay...
* ADS Logistics wins contract from Olympic Steel
USA -TTNews -28 Feb2006: ADS Logistics, a provider of logistics services to the US metals industry, has announced a new contract with a supplier of steel to the automotive sector...
* Rhetoric in takeover battle heats up
USA -TTNews -28 Feb2006: The takeover battle in Australia is becoming increasing bitter. Patrick Corp has issued a press release in which its managing director attacks Toll's latest moves...
* Overnite to be re-branded UPS Freight
USA -TTNews -28 Feb2006: UPS' trucking acquisition Overnite is to be re-branded as UPS Freight. In addition new technology will be rolled out across the freight network...
* Transport Corp.’s Shareholders Approve Firm’s Acquisition
USA -TTNews -1 March 2006: Truckload carrier Transport Corp. of America’s shareholders voted Tuesday to approve the company’s acquisition by a private firm in a cash-for-stock deal... Goldner Hawn Johnson & Morrison Inc. and TCAM announced the vote late Tuesday and said the deal was effective immediately...
* Ohio Extends Lower Truck Tolls Through Year’s End
USA -TTNews/Associated Press -28 Feb 2006: The Ohio Turnpike Commission voted late last week to extend through the end of the year a toll reduction for commercial vehicles... The reduction was due to expire June 30...
* U.S. Xpress Completes Arnold, and Total Acquisitions
USA -TTNews -1 March 2006: U.S. Xpress Enterprises said late Tuesday it completed the acquisition of Arnold Transportation Services and Total Transportation of Mississippi...
* Mullen Group Completes Three Acquisitions
USA -TTNews -1 March 2006: Canadian firm Mullen Group Income Fund said late Tuesday it had closed three previously announced acquisitions of companies in western Canada. Terms were not disclosed...
* Hub Group Completes Acquisition of Comtrak
USA -TTNews -1 March 2006: Third-party logistics provider Hub Group said Wednesday it had completed its acquisition of trucking and drayage firm Comtrak Inc. for $38 million...
* TDG reports results, new acquisition and Dutch re-structuring
UK -TTNews -2 March 2006: UK-based logistics provider TDG has become the latest company to report its financial results for 2005. Overall it achieved better profits, although revenues were flat...
* Dynamex Reports Income Gain for Its Second Quarter
USA -TTNews -2 March 2006: Logistics and delivery firm Dynamex Inc. reported net income of $2.7 million or 24 cents a share for its second fiscal quarter ended Jan. 31, compared with $2.6 million or 22 cents a year earlier...
* Contrans’ Profit Improves for Fourth Quarter, Year
USA -TTNews -1 March 2006: Canadian firm Contrans Income Fund said late Wednesday it earned $5.5 million or 19 cents a unit, compared with $5.4 million or 18 cents a year earlier.Revenue rose to $87.7 million, from $80.6 million...
* UPS rated “Global Most Admired” by Fortune
USA -Transport Intelligence (UK) -3 March 2006: US based package and logistics operator UPS has been rated the “Global Most Admired” company in its industry by a new survey in Fortune magazine. UPS also was ranked in the Top 10 among all the companies of the world in eight of the nine attributes used to judge corporate reputation...
posted by Unknown @ 11:20 AM
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