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Transportation Services Index Falls, DOT Says

The Department of Transportation said Wednesday that its transportation services index for June fell 0.7% from May.

August 8, 2007

Second-Quarter Productivity Rises 1.8%

Second-quarter U.S. worker productivity rose 1.8%, the Labor Department said Tuesday.

August 7, 2007

Hub International Acquires Two Trucking Insurers

Hub International Transportation Insurance Services has acquired two San Antonio-based insurance brokers that provide coverage to the trucking industry, the company said Monday.

August 6, 2007

FedEx Kinkos to Add 300 New Locations

FedEx Corp. will open 300 new FedEx Kinkos stores in the United States by the end of its 2008 fiscal year, the company said Monday.

August 6, 2007

Cooper Tire's 2Q Income Improves

Cooper Tire and Rubber Co. said Monday its net income rose to $17.6 million or 28 cents a share, compared with a net loss of $21 million or 34 cents a share a year ago.

August 6, 2007

Senate Panel Gives EPA October Deadline to Rule on Calif. Carbon Emissions Request

Just weeks after Environmental Protection Agency Administrator Stephen Johnson said he would delay ruling on California’s nearly 2-year-old request for approval to limit vehicle emissions of greenhouse gases until the end of the year, a Senate committee passed a bill directing him to decide by October.

August 7, 2007

Diesel Rises 1.2 Cents to $2.898 a Gallon

The national average price of diesel fuel rose to its highest level this year, climbing 1.2 cents to $2.898 a gallon, the Department of Energy reported Monday.

August 7, 2007

Penske to Manage European Supply Chain for Bombardier

Penske Logistics has been selected as the lead logistics provider for Bombardier Transportation’s European operations, the company said Monday.

August 6, 2007

N.C. Highway Use Tax Hike Fails to Pass

North Carolina legislators have adjourned without passing a proposed increase in the state’s highway use tax, the Truck Rental and Leasing Association said.

August 6, 2007

July ISM Services Index Declines Sharply

The economy’s service sector growth rate experienced its largest decline in nearly two years in July, falling to 55.8 in from 60.7 in June, the Institute for Supply Management said Friday.

August 3, 2007