FedEx Corp. said Friday that it signed an agreement to acquire Hungarian air cargo company Flying-Cargo Hungary Kft.
April 6, 2007Search
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Stricter Emission Rules Raise Costs, Freight, Shipping Executives Say
By Sean McNally, Senior Reporter
April 9, 2007Pacer 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, 2007Greenhouse Ruling Could Raise Costs
The Supreme Court鈥檚 ruling that the EPA must reconsider its position to leave 鈥済reenhouse gas鈥 emissions from motor vehicles unregulated could lead to increased costs for trucking companies.
April 9, 2007Intermodal 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, 2007ISM Services Index Declines in March
The Institute for Supply Management's services index slipped to 52.4 in March from February鈥檚 reading of 54.3, ISM said Wednesday.
April 4, 2007Pacer Lowers 鈥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鈥檚 stock.
April 5, 2007Opinion: Accidents Happen: Prepare Your Drivers
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April 3, 2007Strike Continues at Cummins Crosspoint
Negotiations between Teamsters and a distributor for diesel engine maker Cummins Inc. continued Tuesday, two days after workers at a West Virginia facility went on strike, the Associated Press reported.
April 3, 2007Air Cargo Shipments Dip 0.6%
Air cargo shipments inched up 0.6% in February, the Air Transport Association said late Monday.
April 3, 2007