A British hedge fund that owns shares of U.S. railroads Union Pacific Corp. and BNSF Railway, in addition to its previously disclosed holdings of CSX Corp., wants better returns from its U.S. rail holdings, Bloomberg reported.
May 10, 2007Search
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Express-1’s 1Q Income Gains
Express-1 Expedited Solutions said Thursday it earned $460,000 or 2 cents a share in the first quarter, compared with $557,000 or 2 cents last year.
May 10, 2007Rail, Intermodal Fall Again
Rail carload and intermodal freight both fell last week compared with a year ago, continuing a trend this year, the Association of American Railroads said.
May 10, 2007DHS Sets $11.6 Mln. for Highway Watch Program
The Department of °®¶¹´«Ã½land Security said Thursday it has issued an $11.6 million grant to the Highway Watch program it sponsors jointly with American Trucking Associations.
May 16, 2007Moyes Completes Swift Buyout Deal
Swift Transportation Co. founder Jerry Moyes said Thursday he has completed his $2.5 billion takeover of the truckload carrier.
May 11, 2007Letters to the Editor: Opening the Mexican Border
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May 9, 2007Safety & Security Briefs
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NPTC Continues to Back Longer Combination Vehicles
By Neil Abt, News Editor
May 9, 2007Interpool’s 1Q Income Falls
Interpool Inc., a maker of shipping containers and chassis for intermodal container transportation, reported its first-quarter net income declined from a year ago.
May 9, 2007Oil Falls as Inventories Rise
Crude oil futures prices fell to their lowest level in seven weeks Wednesday following an Energy Department report that showed inventories rose last week.
May 9, 2007