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TT File Photo | | Quality’s 3Q Profit Slips | Tank truck carrier Quality Distribution’s third-quarter net income was $720,000, or 4 cents a share, down from a profit of $1.5 million, or 8 cents, a year ago. |
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LATEST
NEWS
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The U.S. unemployment jumped to 6.5% last month, from 6.1% in September, the Labor Department said Friday. |
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Wholesale inventories fell 0.1% in September, the first drop in almost two years, the Commerce Department said Friday. |
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Rail and intermodal traffic declined last week compared with the same week a year ago, the Association of American Railroads said. |
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Navistar International Corp. will scale back production and could lay off as many as 500 workers at its Ontario, Canada, truck plant, the Canadian Press reported Thursday. |
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Transportation software firm Xata Corp. said Thursday it lost $373,000, or 5 cents a share, in its fiscal fourth quarter, compared with a loss of $4.5 million, or 57 cents, a year ago. |
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Canadian transportation firm Mullen Group Income Fund said Thursday its third-quarter profit slipped to C$36.2 million, from C$38 million a year ago, while earnings per unit held at 45 cents. |
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EDITION: PAGE ONE
Week of
November 3, 2008
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Truck Tonnage Growth Slows Growth in U.S. truck tonnage slowed significantly in September as the national economy contracted during the third quarter, and a major freight-matching service said last week the spot market for truckload service fell well below year-ago levels as the fourth quarter got under way. |
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Diesel Declines Another 19.4¢ to $3.288 The average price of U.S. retail diesel shed another 19.4 cents last week, dropping to $3.288 a gallon, while the gasoline average fell below year-ago levels for the first time in 2008, according to the Department of Energy. |
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MORE PRINT EDITION NEWS |
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Clean Energy Acquires Las Vegas CNG Stations The Regional Transportation Commission of Southern Nevada has agreed to transfer ownership of five Las Vegas public compressed natural gas fueling stations to Clean Energy Fuels Corp., Clean Energy said Friday. |
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SCR Group Urges Strict Urea Guidelines
When heavy-duty engines with selective catalytic reduction technology start rolling in 2010, truckers refilling their trucks’ urea tanks will need to follow strict guidelines to protect the product’s purity to avoid damaging the aftertreatment system, urea experts said. |
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Intermec Reports Higher 3Q Profit Technology firm Intermec Inc. said its third-quarter net income rose to $11 million, or 18 cents per share, from $4.4 million, or 7 cents per share, a year ago. |
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