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DHL Buys Stake in Polar Air

Package delivery firm DHL said Thursday it acquired a 49% stake Polar Air Cargo Express, a unit of Atlas Air Worldwide Holdings, to expand its business in the Asia-Pacific region.

June 28, 2007

CTA Cites Border Concerns

The Canadian Trucking Alliance said it sees some positives in the U.S. cross-border passport rules, but still has concerns about the implications for cross-border truck traffic between the United States and Canada.

June 22, 2007

Letters to the Editor: Double Brokering, Gasoline Prices

I believe the Transportation Intermediaries Association should solve the problem of “double-brokering” before trying to convince regulators to allow third-party logistics providers to join the Customs-Trade Partnership Against Terrorism.

June 8, 2007

Border Measures Boosting Costs

Security measures at the Canada-U.S. border introduced since 9/11 have not slowed the flow of goods into the United States but have added to costs for Canadian companies, according to new report, the Ottawa Citizen newspaper reported.

June 5, 2007

STB Asked to Delay New Limits On Freight Rate-Setting Bureaus

The National Motor Freight Traffic Association has asked the Surface Transportation Board to delay a decision to end antitrust immunity for trucking rate bureaus.

May 28, 2007

Fleets Offer Expanded Storage Options

With demand for freight-hauling services relatively slack, some trucking companies are branching out beyond logistics to offer more warehousing services.

May 21, 2007

Pacer’s Income Falls 41%

Transportation and third-party logistics firm Pacer International’s first-quarter net income plunged 41% to $14.4 million or 15 cents a share, from $24.4 million or 36 cents a year ago.

May 4, 2007

Contrans’ 1Q Income Dips

Canadian firm Contrans Income Fund’s first-quarter income dropped to C$8.1 million or 28 cents a unit, from C$9.7 million or 34 cents a year ago.

May 1, 2007

TransForce’s Income Dips

Canadian transportation firm TransForce Income Fund said Tuesday it earned C$20.9 million or 24 cents a share in the first quarter, down from C$22.1 million or 27 cents a year earlier.

April 24, 2007