Deutsche Post AG, parent of DHL Americas, said its second-quarter profit rose 13% as its DHL Express unit increased package volumes in Asia and earned more per shipment in the U.S., Bloomberg News reported.
August 5, 2007Government, Business
Deutsche Post's 2Q Profits Rise
Business, Safety, Government
July ISM Services Index Declines Sharply
The economy’s service sector growth rate experienced its largest decline in nearly two years in July, falling to 55.8 in from 60.7 in June, the Institute for Supply Management said Friday.
August 3, 2007Business, Safety, Government, Logistics
TransForce to Purchase Canadian Courier
Canadian transportation firm TransForce Income Fund said Thursday it will purchase Century II Holdings, the parent company of Toronto-based ICS Courier.
August 3, 2007Government, Business, Safety
Minn. Highway Bridge Collapse Kills At Least Four, Injures Dozens
An interstate highway bridge jammed with rush-hour traffic collapsed into the Mississippi River in Minneapolis late Wednesday, thowing dozens of vehicles into the water and killing at least four people, the Associated Press reported.
August 2, 2007Business, Safety, Government
Xata’s 3Q Loss Widens; Revenue Rises 7.2%
Transportation software firm Xata Corp. said Thursday it lost $875,000 or 21 cents a share in its fiscal third quarter, compared with a loss of $559 million or 9 cents a year ago.
August 2, 2007Government
Factory Orders Rise 0.6%, Commerce Says
U.S. factory orders rose 0.6% in June, the Commerce Department said Thursday.
August 2, 2007Business, Safety, Government
Patriot Transportation’s 3Q Income Rises
Patriot Transportation Holding’s fiscal third-quarter net income jumped to $2.4 million or 77 cents a share, from $1.8 million or 59 cents a year earlier.
August 2, 2007Business, Government, Fuel
Oil Closes at Record $78.21 a Barrel
Crude oil futures closed at a record $78.21 a barrel Tuesday, breaking the previous closing-price record of $77.03 set last summer, the Associated Press reported.
August 1, 2007Business, Safety, Government
ISM Factory Index Slips in July
The Institute for Supply Management’s manufacturing index fell in July, ISM said Wednesday.
August 1, 2007Business, Safety, Government
After 8 Years, Va. ‘Mixing Bowl’ Construction Finishes
After eight years of construction, work on the $676 million Springfield interchange in Northern Virginia, site of one of the East Coast’s worst bottlenecks, is complete.
July 31, 2007