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Atlas Air Reports Improved Second-Quarter Results
Click here to write a Letter to the Editor. tlas Air Worldwide Holdings, a provider of air cargo services, reported second-quarter net income Tuesday of $15.9 million 77 cents a share, compared with a loss of $51.4 million or $1.34 last year.
September 20, 2005UPS, DHL Resume Service in New Orleans
Click here to write a Letter to the Editor. ackage carriers DHL and UPS Inc. said Monday they had resumed operations in the areas hit by Hurricane Katrina on the Gulf Coast.
September 20, 2005August Housing Starts Fall But Remain on Strong Pace
U.S. housing starts fell 1.3% in August, but the annual rate was still on pace to pass last year’s total, the Commerce Department said Tuesday.
September 20, 2005Eaton Boosts Offer for British Firm
Click here to write a Letter to the Editor. iversified manufacturer Eaton Corp. said Tuesday it has increased its cash offer from its previous Aug. 26 offer for the entire issued and to-be-issued share capital of U.K.-based domnick hunter group plc.
September 20, 2005Fleets Struggle to Move Freight in Devastated Gulf Coast
Click here to write a Letter to the Editor. img src="http://www.ttnews.com/images/printeditiontag_new.gif" width=120 align=right>Trucking companies in the hurricane-devastated coastal areas of the Southeast struggled to conduct business last week, as they dealt with massive losses, insurance questions, displaced employees, crippled communications and drastically reduced orders because many of their customers’ businesses were damaged or destroyed.
September 20, 2005Fed Raises Interest Rate a Quarter-Point to 3.75%
The Federal Reserve Tuesday voted to raise the benchmark U.S. interest rate a quarter-point to 3.75%, although the vote was not unanimous, with one member voting not to raise the rate.
September 20, 2005Strengthened Hurricane Rita Moving Into Gulf of Mexico
Hurricane Rita strengthened Tuesday as it hit the Florida Keys with heavy rain and strong winds, and forecasters said the storm's track could possibly take it toward the already storm-damaged Gulf Coast region later this week.
September 20, 2005Heartland Sees Further Expansion in Western States
Click here to write a Letter to the Editor. eartland Express said Monday that following its recent expansion to the western United States, with a western headquarters in Phoenix, it plans to expand further into other western markets.
September 19, 2005Technology Briefs - Sept. 13 - Sept. 19
N.Y. State Targeting Toll Evaders • W. Va. to Require Cameras on Large Mining Trucks • Evergreen to Use ULSD at Tacoma Port • Oregon Sets New Toll Proposals
September 19, 2005Exel Board Approves Acquisition by Deutsche Post
German package delivery company Deutsche Post AG said Monday it will buy U.K.-based Exel Plc for 5.5 billion euros — about $6.7 billion — making it the largest global logistics company.
September 19, 2005