FedEx Corp. said Friday that it signed an agreement to acquire Hungarian air cargo company Flying-Cargo Hungary Kft.
April 6, 2007Business, Safety, Autonomous
Letters to the Editor: Maintenance Issues; Heavier Trucks
April 11, 2007
Business, Safety, Government
Saddle Creek Names President
Transportation and warehousing firm Saddle Creek Corp. said Tuesday that Bruce Abels is retiring as the company’s president effective July 1, and will be replaced by Cliff Otto.
April 10, 2007Business, Government, Safety
Technology Briefs — April 3 - April 9
April 9, 2007
Business, Government, Safety, Fuel
Stricter Emission Rules Raise Costs, Freight, Shipping Executives Say
April 9, 2007
Business, Safety, Government, Logistics
Pacer Sets Debt-Removal Plan
Transportation and third-party logistics firm Pacer International said Monday it has successfully completed the refinancing of its existing long-term debt.
April 9, 2007Business, Government, Safety, Fuel, Autonomous
Greenhouse Ruling Could Raise Costs
The Supreme Court’s ruling that the EPA must reconsider its position to leave “greenhouse gas” emissions from motor vehicles unregulated could lead to increased costs for trucking companies.
April 9, 2007Business, Fuel, Government, Safety
FedEx Buys Air Cargo Firm
Business, Safety
Intermodal Volume Declines
Rail and intermodal traffic continued a downward trend of the past few weeks, with intermodal falling 2.5% last week and rail carload traffic declining 8.7% compared with a year ago, the Association of American Railroads said Thursday.
April 5, 2007Business, Safety, Government, Equipment, Logistics
Pacer Lowers ’07 Guidance
Transportation and third-party logistics firm Pacer International lowered its full-year earnings guidance, said it would consolidate some operations and said its board authorized a buyback of up to $100 million of the company’s stock.
April 5, 2007Business, Safety, Government
ISM Services Index Declines in March
The Institute for Supply Management's services index slipped to 52.4 in March from February’s reading of 54.3, ISM said Wednesday.
April 4, 2007