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Jan 28, 2009

TRUCKING INDUSTRY NEWS * USA

* Trucking Industry Asks Congress for National 65 mph Speed Limit

Washington,DC,USA -Environment News Service -January 27, 2009: -- The American Trucking Associations today asked Congress to enact a national 65 mile per hour speed limit and govern truck speeds at 65 mph or slower to reduce fuel consumption... Testifying on behalf of ATA before the Subcommittee on Highways and Transit of the House Transportation and Infrastructure Committee, ATA First Vice Chairman Tommy Hodges said "Our industry is proud of its environmental record in reducing emissions and transitioning to clean fuels"... Currently, the power to set speed limits rests with each individual state... (Photo by Threaded Thoughts - Big rigs parked at a Salt Lake City truck stop)


* C.H. Robinson’s 4Q Income Rises

Eden Prairie,Minn,USA -Transport Topics -27 Jan 2009: -- Transportation and third-party logistics firm C.H. Robinson Worldwide said its fourth-quarter profit rose to $88.9 million, or 52 cents a share, from $85.3 million, or 49 cents, a year ago... Total revenue rose 0.2% to $1.96 billion, the company said late Tuesday... Net income for the year rose to $359.2 million, or $2.08 per share, from $324.3 million, or $1.86. Total revenue rose 17.3% to $8.58 billion...


* Marten’s 4Q Income Improves

Mondovi,WI,USA -Transport Topics -27 Jan 2009: -- Refrigerated truckload carrier Marten Transport’s fourth-quarter net income rose to $5.8 million, or 27 cents a share, from $3 million, or 14 cents a year ago... Operating revenue from trucking and logistics operations rose 3.1%, to $140.4 million, the company said late Tuesday... For the full year, Marten earned $18 million, or 82 cents a share, up from $15 million, or 68 cents, a year earlier...

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