Con-way Inc. said it has cut its top executive salaries by 10%, reduce all employees’ pay by 5% and will suspend matches to its 401(k) plan for employees.
March 11, 2009Search
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Diesel Price May Fall Below Gasoline This Summer, DOE Says
The Energy Department lowered its projection for diesel prices from a previous forecast and said it is possible that trucking’s main fuel will fall below gasoline in price this summer.
March 11, 2009Navistar Reports 1Q Profit
Navistar International Corp. said it earned $234 million, or $3.27 per share, for its first fiscal quarter, compared with a loss of $65 million, or 92 cents, a year ago.
March 12, 2009Navistar Reports Fiscal 1Q Profit
Navistar International Corp. earned $234 million, or $3.27 per share, for its first fiscal quarter, compared with a loss of $65 million, or 92 cents, a year ago.
Kuehne + Nagel to Acquire J. Martens Holding
Swiss logistics firm Kuehne + Nagel said Monday that it will buy J. Martens Holding AS, a Norwegian service provider to the oil and gas industry, Reuters reported.
March 11, 2009ChemLogix Launches International Subsidiary
ChemLogix, a logistics firm serving the chemical industry, has established a new subsidiary, ChemLogix Global, to provide international logistics services, the company said Wednesday.
March 11, 2009DOT Freight Transportation Index Falls 7.8%
The Department of Transportation’s freight transportation services index declined 7.8% in January from a year earlier, DOT said Wednesday.
March 11, 2009Wholesale Inventories Fall 0.7%
Wholesale inventories fell 0.7% in January, one quarter of the decline in sales for the same month, the Commerce Department said Tuesday.
March 10, 2009Groups Ask Appeals Court to Overturn HOS Rule
A coalition of labor and advocacy groups Monday escalated their case against two regulations concerning truck drivers' working hours by filing a federal lawsuit.
March 10, 2009Card Check Introduced in House, Senate
Democrats in both the House of Representatives and Senate Tuesday introduced the Employee Free Choice Act, an act that would make it easier for employees to join unions, Bloomberg reported.
March 10, 2009