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Jobless Claims Fall by 5,000

Initial jobless claims fell by 5,000 last week, the Labor Department said Thursday.

May 17, 2007

Oil Closes Week Near $65 a Barrel

Crude oil futures for a second day closed just short of $65 a barrel on Friday, following a jump of more than $2 on Thursday, Bloomberg reported.

May 18, 2007

US 1 Industries’ Income Dips

Logistics firm US 1 Industries’ first-quarter income fell to $370,000 or 3 cents a share, from $695,000 or 6 cents a year ago.

May 16, 2007

TravelCenters Posts 1Q Loss

Truck stop chain TravelCenters of America reported a net loss for the two-month period from Feb. 1 through March 31, and for the first quarter.

May 16, 2007

Velocity Takes Fiscal 3Q Loss

Velocity Express said Tuesday it lost $13.3 million or 49 cents a share in its fiscal third quarter ended March 31, compared with a loss of $3.9 million or 23 cents a year ago.

May 16, 2007

Kitty Hawk Posts 1Q Loss

Air cargo transporter Kitty Hawk Inc. said it lost $11.6 million or 22 cents a share in the first quarter, compared with a loss of $8.7 million or 17 cents a year ago.

May 16, 2007

Trailer Bridge Reports 1Q Profit

Trailer Bridge Inc. earned $1.3 million or 11 cents a share in the first quarter, compared with a loss of $1.8 million or 15 cents a year ago.

May 16, 2007

Driver Error Causes 75% of Tanker Rollovers, FMCSA Report Says

By Tarun Reddy, Staff Reporter

May 16, 2007

Real ID Rule Would Hurt Trucking, ATA Says

American Trucking Associations said a draft rule issued by the Department of °®¶¹´«Ă½land Security making state and commercial driver licenses subject to more stringent security checks would further co

May 16, 2007

Deutsche Post’s Earnings Rise

Deutsche Post AG, parent of DHL Americas, said Tuesday its first-quarter profit rose 4%, due to lower costs and higher prices for its U.S. express unit’s services, Bloomberg reported.

May 15, 2007