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, 2007Search
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AirIQ 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, 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
Pittsburgh Logistics Launches Truckload Van Service
Pittsburgh Logistics Systems said Monday that its freight division has begun to offer truckload van service for general commodities, in addition to its flatbed service.
July 23, 2007Philadelphia Factory Index Declines
Manufacturing growth in the Philadelphia area slowed in July, the Federal Reserve Bank of Philadelphia said.
July 19, 2007Caterpillar’s 2Q Earnings Fall; Revenue Hits Record
Heavy equipment and diesel engine manufacturer Caterpillar Inc. said Friday its second-quarter profit plunged 21%, though sales reached a record.
July 20, 2007