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FedEx to Increase Quarterly Dividend

FedEx Corp. said it will raise its quarterly dividend to 10 cents a share, from 9 cents, on July 2.

May 29, 2007

Preliminary Report Shows Downturn in ’06 Large-Truck Crash Fatalities

Preliminary data released by the Department of Transportation show that fatalities from large truck crashes declined 3.7% last year compared with 2005.

May 30, 2007

Knight Raises Quarterly Dividend

Truckload carrier Knight Transportation said Tuesday its board raised the company’s quarterly cash dividend, declaring a dividend of 3 cents per share, an increase of 50%.

May 29, 2007

PSE&G to Buy Hybrid Trucks

New Jersey utility company Public Service Electric and Gas Co. Tuesday unveiled plans Tuesday to replace 1,300 vehicles with hybrids and making changes in other areas of its corporate fleet.

May 29, 2007

Diesel Climbs 1.4¢ to $2.817

Diesel fuel’s national average pump price rose for a second straight week, gaining 1.4 cents to $2.817 a gallon, the Department of Energy said Monday.

May 30, 2007

AirIq Posts Small 1Q Profit

Canadian technology firm AirIq Inc., which provides wireless location services to the trucking industry, said it earned C$671,000, or less than 1 Canadian cent per share, in the first quarter, comp

May 29, 2007

Allied Holdings Names Gendregske CEO

Allied Holdings, Decatur, Ga., the bankrupt parent of auto hauler Allied Automotive Group, on Friday said it named Mark Gendregske, the former head of Vector SCM, its new chief executive officer.

May 25, 2007

Existing °®¶¹´«Ã½s Sales Fall to Lowest Level in Nearly Four Years

Existing home sales fell 2.6% in April, tumbling to their lowest level in nearly four years, the National Association of Realtors said Friday.

May 25, 2007

EGL Accepts Ceva’s Bid

EGL Inc. said Thursday it had accepted a $2 billion bid to be acquired by the Ceva Group, which is owned by private-equity firm Apollo Management.

May 25, 2007

Jobless Claims Rise by 15,000

Initial jobless claims rose by 15,000 last week, the Labor Department said Thursday.

May 24, 2007