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UPS Adds New Global Flight

UPS Inc. said Friday it will launch a new 鈥渁round-the-world鈥 flight this summer to further enhance service between Singapore and markets in the Middle East, Europe and the United States.

May 18, 2007

Consumer Sentiment Index Rises

U.S. consumer confidence rose this month following, according to the University of Michigan鈥檚 monthly consumer sentiment index released Friday.

May 18, 2007

Philadelphia Factory Index Gains

Manufacturing levels in the Philadelphia area rose this month, the Federal Reserve Bank of Philadelphia said Thursday.

May 17, 2007

GM May Sell Medium-Duty Business

General Motors Corp., the largest U.S. automaker, may soon sell its medium-duty truck business, Bloomberg reported.

May 18, 2007

Bay St. Louis Bridge Reopens

Two lanes of the U.S. 90 bridge over the Bay of St. Louis in Mississippi reopened Thursday, more than a year and a half after the roadway was destroyed by Hurricane Katrina, the Associated Press reported.

May 18, 2007

Penske, ABX Form Brazil Venture

Penske Logistics and ABX Logistics said Friday they have formed a new joint venture in Brazil to provide international freight management services in that country.

May 18, 2007

Citi Enters Fleet Financing Business

Citigroup Inc.鈥檚 commercial business unit said it is entering the transportation fleet financing business.

May 18, 2007

McLeod Updates Software Package

McLeod Software, said Thursday it added several features to its LoadMaster transportation management package.

May 21, 2007

Rail, Intermodal Freight Decline

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 Thursday.

May 17, 2007

Truckers Sue Wal-Mart

A federal judge in Arkansas granted class-action status to truck drivers accusing Wal-Mart Stores of using racially discriminatory practices in hiring over-the-road drivers, the Arkansas Democrat-Gazette reported Thursday.

May 17, 2007