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, 2007Search
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ISM Services Index Gains
The Institute for Supply Management’s services index rose to 56 in April from 52.4 in March, ISM said Thursday.
May 3, 2007Productivity Rises in First Quarter
First-quarter U.S. worker productivity rose 1.7%, the Labor Department said Thursday.
May 3, 2007House Sets Some Restrictions on Mexican-Trucks Plan
Mexican trucking companies would be barred from handling U.S. domestic shipments, under a bill approved by the House Transportation Committee, Bloomberg reported.
May 3, 2007Total Settles Exel Suit for $10 Million
Exel Transportation Services said it had settled its suit again Total Transportation Services, with Total paying Exel $10 million after Exel alleged unlawful access to trade secrets and other confidential and proprietary information.
May 2, 2007Factory Orders Jump 3.1%
Factory orders jumped 3.1% in March, the biggest gain in a year, the Commerce Department said Wednesday.
May 2, 2007Letters to the Editor: SafeStat, Corrosion Issues
These letters appear in the April 30 print edition of Transport Topics. Click here to subscribe today.
SafeStat Rebuked
May 2, 2007TIA Says Customs to Expedite Request for Logistics Firms to Join C-TPAT
By Dan Leone, Staff Reporter
May 2, 2007Patriot’s 2Q Income Gains
Patriot Transportation Holding said its net income rose to $2.6 million or 83 cents a share for its fiscal second quarter, from $1.7 million or 56 cents a year earlier.
May 2, 2007April ISM Factory Index Gains
The Institute for Supply Management’s April manufacturing index rose at the fastest pace in almost a year, ISM said Tuesday.
May 1, 2007