The average price of retail diesel fuel fell for a third straight week, while gasoline jumped to within 1.2 cents of an all-time record, the Department of Energy said Monday.
May 8, 2007GovernmentBusinessTechnologyEquipmentSafety
Midwest Sees Extensive Flooding
Heavy rains from an already deadly storm system caused extensive floods in Missouri as Midwest waterways rose to levels not seen in 14 years, the Associated Press reported Tuesday.
May 8, 2007BusinessFuelGovernmentSafety
Atlas Air Turns 1Q Profit
Air cargo company Atlas Air Worldwide Holdings said it earned $6.2 million or 29 cents a share in the first quarter, turning around a loss of $3.7 million or 18 cents a year ago.
May 8, 2007GovernmentBusinessSafety
Quality Reports 1Q Loss
Tank truck carrier Quality Distribution reported a first-quarter loss of $95,000 or zero cents a share, compared with earning $4.5 million or 23 cents a year ago.
May 8, 2007Business
Technology Briefs
May 7, 2007
Business
Paccar Buys German Truck Leasing Co.
Truck maker Paccar Inc. said it has acquired a German truck leasing company. Terms were not released.
May 7, 2007BusinessFuelGovernmentSafety
Air Cargo Shipments Fall 2.1%
Air cargo shipments fell 2.1% in March, the Air Transport Association said Monday.
May 7, 2007BusinessLogistics
EGL Says Ceva’s Offer ‘Superior’ to CEO’s
EGL Inc. said Monday that a $43 proposal by Ceva Group to acquire EGL is a “superior proposal†to a proposal led by its chief executive officer.
May 7, 2007Business
Letter to the Editor: Supplying Urea
May 7, 2007