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Navistar Taps Sharp to Head IT
Navistar International Corp., Warrenville, Ill., the parent of International Truck and Engine, said it has appointed Don Sharp its new chief information officer.
November 13, 2007AirIQ Posts 3Q Loss
Canadian technology firm AirIq Inc., which provides wireless location services to the trucking industry, said it lost C$3.4 million, or 2 Canadian cents per share, in the third quarter, compared with a loss of C$1.2 million, or 1 Canadian cent, a year earlier.
November 13, 2007Diesel Soars 12.2 cents to Record High of $3.425
For the second straight week, the price of diesel fuel reached a new all-time record, jumping 12.2 cents to $3.425, the Department of Energy said Tuesday.
November 13, 2007Legislators Drop Amendment to Block I-80 Tolls
An amendment that would have blocked tolling on Interstate 80 in Pennsylvania was dropped from the 2008 federal transportation appropriations legislation, said the congressmen who introduced the measure
November 13, 2007Legislators Preserve Language to Block Mexican Trucks in Spending Bill
Lawmakers preserved language in a transportation funding bill that would block a federal pilot program allowing Mexican trucking companies to operate inside the United States, news services reported Friday.
November 9, 2007DHL's 3Q Profits Fall 35%
Deutsche Post AG, parent of DHL Americas, said its third-quarter profit fell 35% as declining U.S. shipping volumes cramped earnings at its DHL Express unit, Bloomberg News reported.
November 8, 2007Fed Chief Warns on 4Q Slowdown
Federal Reserve Chairman Ben Bernanke said the U.S. economy is likely to 鈥渟low noticeably鈥 this quarter while high commodity prices and a weaker dollar may stoke inflation 鈥渇or a time,鈥 Bloomberg News reported Thursday.
November 8, 2007Bigger Ships to Bring Changes To Ports鈥 Container Handling
Sometime in the near future, a new generation of supersized containerships 鈥 up to 50% larger than current vessels 鈥 will make its first appearance on the East Coast of the United States.
November 12, 2007Intermodal Down 2.2% in 3Q; 鈥07 Total May Lag Last Year鈥檚
Intermodal freight volume declined by 2.2% during the third quarter, compared with last year, making it likely the sector will experience its first annual volume decline since 2001, according to the Intermodal Association of North America.
November 12, 2007