UPS Inc. said Tuesday its second-quarter net income rose 4.1% to $1.1 billion or $1.04 per share, from $1.06 billion or 97 cents a year ago.
July 24, 2007Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
BNSF’s Second-Quarter Income Declines as Intermodal Drops
Western freight rail line Burlington Northern Santa Fe Corp. earned $433 million or $1.20 a share for the second quarter, down from $471 million or $1.27 a year ago.
July 24, 2007PeopleNet Promotes Konezny to CEO
PeopleNet Communications’ said Monday that Chief Operating Officer Ron Konezny was promoted to chief executive officer, effective immediately.
July 23, 2007AirIQ Names Willey as Permanent CEO
Wireless Internet provider AirIQ announced it has chosen Steve Willey as the company’s chief executive officer.
July 23, 2007Officials Say APU Technology Not Ready to Meet Planned Calif. Regulation
By Andrea Fischer, Staff Reporter
July 23, 2007FedEx LTL Units Cut Fuel Surcharges
FedEx Corp.’s less-than-truckload FedEx Freight unit said Monday it will reduce its standard LTL fuel surcharge by 25%, effective immediately.
July 23, 2007Teamsters, USF Agree to Tentative Contract, Union Says
The Teamsters Union said it negotiated a tentative agreement covering newly organized workers at less-than-truckload carrier USF Reddaway, a unit of YRC Worldwide.
July 23, 2007Diesel Holds at $2.889; Gas Drops 9.1¢ to $2.958
Diesel fuel’s national average pump price held at last week’s level of $2.889 a gallon, while gasoline plunged 9.1 cents to $2.958, the Department of Energy said Monday.
July 24, 2007Sirius, XM Satellite Unveil Post-Merger Package Plans
Satellite radio firms Sirius Satellite Radio and XM Satellite Radio Holdings, which are seeking federal approval to merge, said Monday they plan to offer a la carte plans to customers starting at $6.99 a month for 50 channels, the Associated Press reported.
July 23, 2007