Rail carload and intermodal freight fell for the week ended Saturday compared with a year ago, continuing a trend this year, the Association of American Railroads reported.
June 8, 2007Search
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UTi Worldwide鈥檚 1Q Income Dips
Air and ocean freight forwarder UTi Worldwide鈥檚 fiscal first -quarter net income fell 6% to $18.1 million or 18 cents a share, from $19.3 million or 20 cents a year ago.
June 7, 2007Dynamex Reports Higher 1Q Earnings
Logistics and delivery firm Dynamex Inc. said its fiscal third-quarter profit rose to $3.5 million or 32 cents a share, from $3.2 million or 29 cents a year earlier.
June 7, 2007Fuel Inventories Rise for Week
Inventories of crude oil, gasoline and distillate fuel all rose last week, and oil prices receded slightly in early trading Wednesday, Bloomberg reported.
June 6, 20071Q Productivity Climbs Less Than Originally Reported
First-quarter U.S. worker productivity rose 1%, down from an earlier estimate, the Labor Department said Wednesday.
June 6, 2007Letters to the Editor: Rollover Stats, SafeStat Scores, Hard Braking
These letters appear in the June 4 print edition of Transport Topics. Click here to subscribe today.
June 6, 2007ATA Warns on 鈥楬ypermiling鈥
American Trucking Associations is recommending that fleet safety directors warn their drivers and owner-operators of a dangerous practice among automobile drivers of drafting behind tractor-trailers.
June 6, 2007Navistar Sues Ford in Engine Dispute
Navistar International Corp. said Wednesday it has filed a lawsuit against Ford Motor Co. for breach of contract relating to a diesel engine contract involving Ford鈥檚 F-150 pickup truck and is seeking 鈥渁t least hundreds of millions of dollars鈥 in damages.
June 6, 2007Ceva Secures EGL Financing
The private-equity parent company of Ceva Group has received a commitment of $2.95 billion in debt financing to fund the buyout of air freight forwarder EGL Inc., Bloomberg reported Tuesday.
June 6, 2007May ISM Services Index Rises
The economy鈥檚 service sector growth rate improved in May to the highest level in a year, the Institute for Supply Management said Tuesday.
June 5, 2007