EGL Inc. said Thursday it had accepted a $2 billion bid to be acquired by the Ceva Group, which is owned by private-equity firm Apollo Management.
May 25, 2007Search
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Allied Holdings Names Gendregske CEO
Allied Holdings, Decatur, Ga., the bankrupt parent of auto hauler Allied Automotive Group, on Friday said it named Mark Gendregske, the former head of Vector SCM, its new chief executive officer.
May 25, 2007
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Existing °®¶¹´«Ã½s Sales Fall to Lowest Level in Nearly Four Years
Existing home sales fell 2.6% in April, tumbling to their lowest level in nearly four years, the National Association of Realtors said Friday.
May 25, 2007Jobless Claims Rise by 15,000
Initial jobless claims rose by 15,000 last week, the Labor Department said Thursday.
May 24, 2007Durable Orders Rise for Third Month
Durable goods orders rose for a third straight month in April, gaining 0.6%, the Commerce Department said Thursday.
May 24, 2007Biofuels May Boost Gas Prices, N.Y. Times Says
Continued record high gasoline prices may become a trend, due in part to an expansion in biofuel development, according to some oil executives, the New York Times reported Thursday.
May 24, 2007Aurora Parts & Accessories Names Clarke CEO
Aurora Parts & Accessories, a unit of Aurora Trailer Holdings LLC, said Thursday it has appointed David Clarke chief executive officer.
May 24, 2007Rail, Intermodal Fall for Week
Rail carload and intermodal freight fell last week compared with a year ago, the Association of American Railroads said.
May 25, 2007Oil Climbs Despite Inventory Gains
Crude oil rose to near $66 a barrel Wednesday despite a Department of Energy report that showed fuel inventories rose last week, Bloomberg reported.
May 23, 2007Calif. Seeks Stricter Greenhouse-Gas Rules
California has asked U.S. regulators for permission to set its own environmental rules for reducing global warming emissions from passenger vehicles, Bloomberg reported.
May 23, 2007