Truckload carrier J.B. Hunt Transport Services reported its first-quarter profit declined to $44.2 million or 30 cents a share, from $49 million or 31 cents a year ago.
April 17, 2007Search
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Consumer Prices Rise 0.6%
The consumer price index rose 0.6% in March, the Labor Department reported Tuesday.
April 17, 2007
Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Industrial Production Falls
U.S. industrial production fell 0.2% last month, the Federal Reserve said Tuesday.
April 17, 2007FedEx Sets New Brokerage Service
FedEx Corp. said Tuesday it has introduced a new brokerage company called FedEx Truckload Brokerage.
April 17, 2007Werner’s 1Q Income Declines
Truckload carrier Werner Enterprises said its first-quarter profit declined 29% on lower demand.
April 17, 2007Con-way’s First-Quarter Profit Falls
Con-way Inc.’s first-quarter income fell 29% as the company’s revenue declined, and the transportation firm lowered its 2007 earnings outlook.
April 17, 2007ODFL Buys Wash. Carrier
Less-than-truckload carrier Old Dominion Freight Line said Tuesday that it signed an agreement to purchase Priority Freight Lines, a carrier in Sumner, Wash. Terms were not disclosed.
April 17, 2007Maersk to Boost Fuel Surcharge
A.P. Moeller-Maersk, the world’s largest ocean shipping line, is boosting its North America to Europe rates due to higher fuel costs, Bloomberg reported Monday.
April 16, 2007Group May Pull Out of N.Y. Port Deal
The Ontario Teachers Pension Plan may abandon a proposed takeover of a big New York port terminal because of a fee dispute with the port authority, the Toronto Globe and Mail newspaper reported Monday.
April 16, 2007N.Y. State Factory Index Rises
Manufacturing growth in New York state rose this month but remained near a two-year low, the Federal Reserve Bank of New York said Monday.
April 16, 2007