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Fleet Management

Articles•January 28, 2011

Rising Fuel Prices Mean You Need A Fleet Fueling Policy

I was talking to a client earlier this week, and he was telling me his diesel fuel prices were up 23 percent since this time last year

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News•January 28, 2011

Payne Trucking Inc. Acquired by Napa Transportation, Inc.

Transport Capital Partners, LLC, is pleased to have assisted in the acquisition of certain assets of the dry van division and brokerage division of Payne Trucking, Inc., Fredericksburg, VA by NAPA Transportation, Inc., Mechanicsburg, PA

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News•January 28, 2011

Household Goods Movers Antitrust Settlement gets Preliminary Approval

A federal court has preliminarily approved a class action lawsuit settlement against several van lines for allegedly violating antitrust regulations.

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News•January 27, 2011

Werner Reports Higher Earnings for Quarter, Year

Werner Enterprises reported improved revenues and earnings for the fourth quarter and for 2010, with fourth-quarter profit rising 34% on higher freight demand

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News•January 27, 2011

Covenant Returns to Profitability for 2010

Covenant Transportation Group, Chattanooga, Tenn., reported improved fourth-quarter 2010 numbers compared to the fourth quarter of 2009

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News•January 27, 2011

Glimmers of Progress on Highway Reauthorization

There are indications that Washington is starting to think seriously about passing a long-term transportation authorization bill this year. House and Senate committees are holding initial hearings this week, and Transportation Secretary Ray LaHood has said his goal is to have a bill signed by August. President Obama in his State of the Union address underscored the need for action.

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News•January 26, 2011

Knight Reports Increased Income, Grows Fleet

Phoenix-based Knight Transportation, one of North America's largest truckload transportation companies, saw net income increase 24 percent for the fourth quarter of 2010 compared to the same quarter of 2009

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News•January 26, 2011

ATA Tonnage Index Jumps 2.2 Percent

The American Trucking Associations' advance seasonally adjusted For-Hire Truck Tonnage Index increased 2.2 percent in December after falling a revised 0.6 percent in November. The latest improvement put the index at its highest level since September 2008

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News•January 26, 2011

Logistics, Intermodal, Regional Help Marten Improve Profits

Marten Transport, Mondovi, Wis., reported a 22.2% increase in net income for the fourth quarter of 2010, up to $5.2 million, or 24 cents per diluted share, from $4.3 million, or 19 cents per diluted share, for the fourth quarter of 2009

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News•January 26, 2011

NAPA Transportation Buys Payne Trucking

NAPA Transportation, Mechanicsburg, Pa., has acquired certain assets of the dry van division and brokerage division of Payne Trucking Inc., Fredericksburg, Va

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