Rail carload traffic rose slightly compared with a year ago for the week ended Saturday, while intermodal volumes declined, the Association of American Railroads said.
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Mullen Group's Profits Sink in Second Quarter
Canadian transportation firm Mullen Group Income Fund said its second-quarter profit plunged 57.3% to C$16.6 million or 21 cents a share, from C$38.9 million or 64 cents a year earlier.
August 8, 2007Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Jobless Claims Rise 7,000 for Week
Initial jobless claims rose 7,000 to 316,000 last week, the Labor Department said Thursday.
August 9, 2007Quality's Profits Fall in Q2
Tank truck carrier Quality Distribution, Tampa, Fla., said its second-quarter net income sank to $2.2 million or 12 cents a share, compared with $5.5 million or 28 cents a year ago.
August 9, 2007Rail Volumes for Week Rise, Intermodal Falls, AAR Says
CSX Transportation, Kentucky to Cooperate on Rail Security
Freight railroad CSX Transportation said it has entered into an agreement with the state of Kentucky under which state law enforcement officials will be able to track the location of CSX trains and monitor the contents of the carrier’s railcars.
August 8, 2007Nerve Agent Waste Transfers Okay to Proceed, Judge Says
A federal judge in Indiana has denied environmentalists' request that he block truck shipments of nerve agent waste from Newport Chemical Deport in the Western portion of the state to an incinerator in Texas, the Associated Press reported.
August 8, 2007WSDOT to Close Portions of I-5 North
The Washington Department of Transportation said it is preparing to close a 1.1 mile stretch of Interstate 5, a major highway leading to downtown Seattle, for a 19 day repair project.
August 8, 2007Editorial: Repairing the HOS Rule
It’s unfortunate that the U.S. Circuit Court of Appeals voted to vacate portions of the newest hours-of-service rule put forth by the Federal Motor Carrier Safety Administration.
August 7, 2007Atlas Air’s Second-Quarter Earnings Rise
Air cargo company Atlas Air Worldwide Holdings said Wednesday it earned $43.2 million or $2.01 a share in the second quarter, up from $10.7 million or 51 cents a year ago.
August 8, 2007Delphi's Losses Narrow in Q2
Bankrupt auto parts supplier Delphi Corp., Troy, Mich., said its net loss in the second-quarter narrowed to $821 million or $1.46 a share, from $2.3 billion or $4.05 a share in 2006.
August 8, 2007