EGL Inc. said late Tuesday that its shareholders approved the company’s proposed $2 billion buyout by Ceva Group, and the deal is expected to close on Thursday.
August 1, 2007Search
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Oil Closes at Record $78.21 a Barrel
Crude oil futures closed at a record $78.21 a barrel Tuesday, breaking the previous closing-price record of $77.03 set last summer, the Associated Press reported.
August 1, 2007After 8 Years, Va. ‘Mixing Bowl’ Construction Finishes
After eight years of construction, work on the $676 million Springfield interchange in Northern Virginia, site of one of the East Coast’s worst bottlenecks, is complete.
July 31, 2007Letter to the Editor: Hours-of-Service Ruling
July 31, 2007
Oshkosh Reports Higher 3Q Earnings
Specialty truck maker Oshkosh Truck Corp.’s fiscal third-quarter improved and the company raised its earnings outlook for the year.
August 1, 2007NAFTA Surface Trade Gains 5.2%
Surface trade among the United States, Canada and Mexico was 5.2% higher in May than a year earlier, the Department of Transportation said Tuesday.
July 31, 2007Germany’s MAN Reports Improved 2Q Profit
German truck maker MAN AG boosted its 2007 earnings forecast as its second-quarter profit more than doubled on higher sales in Eastern Europe, Bloomberg reported Tuesday.
July 31, 2007Chicago Manufacturing Index Drops
Manufacturing activity in the Chicago region declined in July, the National Association of Purchasing Management said Tuesday.
July 31, 2007Consumer Confidence Gains in July
U.S. consumer confidence rose this month, the New York-based Conference Board said Tuesday.
July 31, 2007Construction Spending Declines 0.3%
Construction spending fell 0.3% in June, the Commerce Department said Tuesday.
July 31, 2007