Deutsche Post said Thursday its fourth-quarter profit plunged 61% on a writedown of its U.S. DHL Express unit, Bloomberg reported.
March 6, 2008Search
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TCA Chiefs Report Little Sign of Freight Tonnage Recovery
NASSAU, Bahamas — Leaders of the Truckload Carriers Association said their members have seen no improvement in the thin freight market, despite reports that tonnage has increased in the past three months, and that their other great worry was sharply rising fuel prices.
March 10, 2008Diesel Again Hits Record, at $3.658
Retail diesel prices jumped another 10.6 cents a gallon last week to a new record national average of $3.658; diesel has now risen 37.8 cents a gallon over the past three weeks.
March 10, 2008Clocks Move Forward One Hour on Sunday for Daylight Saving Time
The Department of Transportation reminds that Daylight Saving Time will begin this Sunday, March 9, with clocks being set ahead one hour for most Americans.
March 6, 2008Dynamex Reports Fiscal 2Q Earnings Dip
Logistics and delivery firm Dynamex Inc. said its second-quarter net income was $3.4 million, or 33 cents a share, compared with $3.7 million, or 35 cents, a year earlier.
March 6, 2008Jobless Claims Fall 24,000 for Week
Initial jobless claims fell by 24,000 for the week ended Saturday, the Labor Department said.
March 6, 2008Navistar Releases 2006 Results
Navistar International Corp. said Thursday it filed its financial results for 2006, as it attempts to catch up with its back financial reporting.
March 6, 2008Idaho Eyes Fees on Out-of-State Truckers
Two Idaho state senators want to raise an additional $57 million per year — largely from out-of-state truckers — to build and repair state roads, the Associated Press reported.
March 6, 2007West Coast Ports Facing More Competition
Ports on the East and Gulf Coasts are expanding in an attempt to wrest away business from West Coast ports, including the Long Beach/Los Angeles port complex, the nation’s largest, the Los Angeles Times reported Wednesday.
March 5, 2008ISM Services Index Improves, but Still Shows Contraction
The economy’s service sector contracted in February but improved from January, the Institute for Supply Management said Wednesday.
March 5, 2008