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Frozen Food Express Swings to 2Q Profit

Refrigerated carrier Frozen Food Express Industries, Dallas, earned $274,000, or two cents a share, in the second quarter of 2008, compared with a loss of $661,000, or four cents, in the 2007 quarter, the company said late Monday.

July 29, 2008

West Coast Ports, Longshore Union Reach Tentative Agreement

The International Longshore and Warehouse Union and the Pacific Maritime Association have reached a tentative agreement on a new six-year labor contract that will cover more than 25,000 workers at 29 West Coast ports, the groups said Tuesday in a joint statement.

July 29, 2008

June Tonnage Index Jumps 5.4%, ATA Says

Truck tonnage in June rose 5.4% from a year earlier, the eighth consecutive year-over-year increase, and the largest year-over-year gain since January 2005, American Trucking Associations said.

July 29, 2008

FCC Approves Sirius, XM Merger

Federal regulators have approved a proposed merger of Sirius Satellite Radio and XM Satellite Radio Holdings, a $3.3 billion deal, Bloomberg News reported Monday.

July 28, 2008

Kemp Promoted to President, COO of ABF Freight

Wesley Kemp was appointed president and chief operating officer of less-than-truckload carrier ABF Freight System, the company said.

July 28, 2008

Variable Speed Limit Goes Live on Part of I-495 in Va.

Effective Monday, speed limits on part of Interstate 495 in Northern Virginia began changing along with traffic conditions, the Associated Press reported.

July 28, 2008

Attwood Appointed CFO at Quality

Bulk and tanker carrier Quality Distribution appointed Stephen Attwood its chief financial officer, the company said Monday.

July 28, 2008

Gas Drops Below $4 a Gallon, Lundberg Says

Gasoline prices dropped 11.7 cents in the two weeks ended Friday to a national average of $3.9959 a gallon, the first time in more than a month that the average has fallen below $4 a gallon, the latest Lundberg Survey of filling stations said.

July 28, 2008

Highway Funds Dwindle as Drivers Cut Back, Journal says

Record fuel prices are prompting U.S. motorists to park their vehicles in record numbers, adding to concerns that federal highway funds will be inadequate to cover needed infrastructure projects, the Wall Street Journal reported Monday.

July 28, 2008

EPA Postpones Decision on Texas Request To Cut National Renewable Fuel Mandate

The Environmental Protection Agency postponed until early August its decision on whether to grant a request from Texas to cut the national renewable fuels mandate in half, citing the huge number of comments EPA has received on the issue, which has pitted livestock growers against grain producers.

July 28, 2008