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Oil Dips from Record, Closing Just Over $118 a Barrel

Crude oil prices fell for the first time in four days Wednesday, a day after setting a closing-price record of more than $119 a barrel, Bloomberg reported.

April 23, 2008

Arkansas Best’s 1Q Income Jumps

Arkansas Best Corp.’s first-quarter profit jumped 78% to $8.5 million, or 34 cents a share, from $4.8 million, or 19 cents, a year earlier.

April 23, 2008

Ryder Reports 1Q Income Gain, Boosts Outlook

Ryder System said Wednesday its first-quarter profit rose 9% to $56.1 million, or 96 cents per share, from $51.3 million, or 84 cents, a year earlier.

April 23, 2008

UPS’ First-Quarter Profit Rises

UPS Inc. said Wednesday its first-quarter net income rose to $906 million, or 87 cents per share, from $843 million, or 78 cents, a year ago.

April 23, 2008

Mississippi Bridge Span Reopened

The $338 million Biloxi-Ocean Springs bridge in Mississippi reopened to traffic earlier this month, the Associated Press reported.

April 21, 2008

N.H. Senate Passes Measure Offering 5% Weight Tolerance

The New Hampshire Senate passed a bill that would require law enforcement to provide a 5% overweight “tolerance” for most trucks on non-interstate roads.

April 23, 2008

Letters to the Editor: Fuel Prices, Sleep Apnea

I am interested in the feedback on fuel prices displayed in “Letters to the Editor.” Unfortunately, most of the letters did not focus on two salient facts affecting the price of oil. The first is the dismal exchange rate of the U.S. dollar versus the euro, and the second is world demand for petroleum products.

April 23, 2008

TWIC Enrollment Continues at Ports

The federal government’s Transportation Workers Identification Credential enrollment began Wednesday at three U.S. ports: Chattanooga, Tenn.; LaPorte, Texas; and Portsmouth, N.H.

April 23, 2008

Vitran’s First-Quarter Income Declines

Vitran Corp. said late Wednesday its first-quarter profit fell to $1.1 million, or 8 cents a share, from $3.4 million, or 25 cents, a year earlier.

April 23, 2008

Knight Reports Lower 1Q Earnings

Truckload carrier Knight Transportation’s first-quarter profit fell to $11.4 million, or 13 cents a share, from $16.6 million, or 19 cents, a year ago.

April 23, 2008