UPS Inc. said Tuesday its second-quarter net income rose 4.1% to $1.1 billion or $1.04 per share, from $1.06 billion or 97 cents a year ago.
July 24, 2007Search
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Forward Air’s Income Dips; Plans to Buy Indiana Carrier
Forward Air Corp., a contractor to the air cargo industry, reported its second-quarter profit declined, and the company said it would acquire an Indiana carrier.
July 24, 2007Marten’s Second-Quarter Earnings Drop
Refrigerated truckload carrier Marten Transport’s second-quarter net income plunged 42% due to lower freight rates and reduced revenue per truckload.
July 24, 2007BNSF’s Second-Quarter Income Declines as Intermodal Drops
Western freight rail line Burlington Northern Santa Fe Corp. earned $433 million or $1.20 a share for the second quarter, down from $471 million or $1.27 a year ago.
July 24, 2007PeopleNet Promotes Konezny to CEO
PeopleNet Communications’ said Monday that Chief Operating Officer Ron Konezny was promoted to chief executive officer, effective immediately.
July 23, 2007AirIQ 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, 2007FedEx LTL Units Cut Fuel Surcharges
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, 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, 2007