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DHL to End U.S. Parcel Service After 5 Years, Nearly $10 Bln.

Deutsche Post, owner of DHL Express, said it would close the parcel carrier’s U.S. operations after an unsuccessful five-year, $10 billion attempt to crack into a $61.1 billion market dominated by UPS Inc. and FedEx Corp.

November 17, 2008

DOT Freight Index Unchanged in September

The Department of Transportation’s freight transportation services index for September was unchanged from a year ago but fell 2.5% from its August level, DOT said Thursday.

November 13, 2008

Intermodal Traffic Falls for Week

Rail and intermodal traffic fell sharply last week from the same week a year ago, the Association of American Railroads said Thursday.

November 14, 2008

Trimac’s 3Q Income Improves

Canada-based transportation firm Trimac Income Fund’s third-quarter net earnings improved to C$7.6 million, or 24 cents per unit, from C$5.7 million, or 19 cents, a year ago.

November 10, 2008

TTNews.com to Close Tuesday for Veterans Day

Transport Topics Online will be closed Tuesday because of the Veterans Day holiday. Please check back on Wednesday, Nov. 12, for the latest trucking and freight transportation news.

November 10, 2007

Clean Energy Acquires Las Vegas CNG Stations

The Regional Transportation Commission of Southern Nevada has agreed to transfer ownership of five Las Vegas public compressed natural gas fueling stations to Clean Energy Fuels Corp., Clean Energy said Friday.

November 7, 2008

Shippers Seek to Cut Costs as Revenue Growth Stalls

Prodded by soaring fuel prices and the contracting economy, shippers have spent most of 2008 trying to pare transportation spending to meet demands by company executives looking for antidotes to stagnant revenue growth.

November 10, 2008

Trucking May Face Trade-offs

Barack Obama’s election as president last week could lead to more transportation spending, but at the cost to trucking of more stringent regulations and White House support for labor legislation unfavorable to business, industry officials said.

November 10, 2008

Xata’s 4Q, Year-End Losses Narrow

Transportation software firm Xata Corp. said Thursday it lost $373,000, or 5 cents a share, in its fiscal fourth quarter, compared with a loss of $4.5 million, or 57 cents, a year ago.

November 6, 2008