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Intermodal Volume Declines

Rail and intermodal traffic continued a downward trend of the past few weeks, with intermodal falling 2.5% last week and rail carload traffic declining 8.7% compared with a year ago, the Association of American Railroads said Thursday.

April 5, 2007

Pacer Lowers ’07 Guidance

Transportation and third-party logistics firm Pacer International lowered its full-year earnings guidance, said it would consolidate some operations and said its board authorized a buyback of up to $100 million of the company’s stock.

April 5, 2007

Strike Continues at Cummins Crosspoint

Negotiations between Teamsters and a distributor for diesel engine maker Cummins Inc. continued Tuesday, two days after workers at a West Virginia facility went on strike, the Associated Press reported.

April 3, 2007

Air Cargo Shipments Dip 0.6%

Air cargo shipments inched up 0.6% in February, the Air Transport Association said late Monday.

April 3, 2007

Kitty Hawk’s 4Q Earnings Increase

Air freight and cargo company Kitty Hawk Inc. said Tuesday it earned $8.3 million or 15 cents a share in the fourth quarter, compared with a loss of $4.1 million or 8 cents a year earlier.

April 3, 2007

Safety & Security Briefs — March 29 - April 4

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April 3, 2007

Supreme Court Calls for Review of Greenhouse Gas Rules

The Supreme Court Monday ordered the federal government to take a new look at regulating carbon dioxide emissions from vehicles, in a rebuke to the Bush administration’s policy on global warming, the Associated Press reported.

April 2, 2007

ISM Manufacturing Index Declines in March

The Institute for Supply Management’s March manufacturing index slowed and costs rose to the highest since August, ISM said Monday.

April 2, 2007