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Delphi's Credit Ratings Cut, Journal Reports
Auto-parts supplier Delphi Corp. had its credit rating downgraded by three ratings services and could face bankruptcy protection, the Wall Street Journal reported Monday.
August 8, 2005TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Landstar Creates International Logistics Unit
Landstar System said late Friday it had created an international logistics subsidiary, Landstar Global Logistics.
August 8, 2005Technology Briefs - Aug. 2 - Aug. 8
Delphi to Build Transceiver for GE Tracking System • Iowa Co. Expanding Biodiesel Plant • Ariz. City Plans Wireless Traffic Network • Iteris Reports 1Q Loss; Revenue Reaches Record • And more...
August 8, 2005Oil Sets Another Record, Closing Just Below $64 a Barrel
Click here to write a Letter to the Editor. rude oil futures continued where they left off last week, reaching a record $63.99 a barrel Monday before falling to a record closing price of $63.94 on the New York Mercantile Exchange, news services reported.
August 8, 2005DOT's Transportation Index Rises for Third Straight Month
The Department of Transportation said Monday its transportation services index rose 0.8% in May from 111.7 in April, for the TSI's third monthly increase.
August 8, 2005President Signs Energy Bill; Will Sign Highway Bill Wednesday
Click here to write a Letter to the Editor. resident Bush signed the recently passed energy bill into law Monday in New Mexico, news services reported.
August 8, 2005Vancouver Port Strike Ends With 90-Day Agreement
Click here to write a Letter to the Editor. rucks began moving containers from of the Port of Vancouver, B.C., following a six-week strike that ended when the port said it would require trucking companies to agree to a mediator’s recommendations for 90 days, Canadian news services reported.
August 5, 2005Michelin's Profit Climbs in First Half of Year
Tire maker Michelin reported a better-than-expected 8.9% increase in its first-half net profit Friday as it boosted prices to offset rising raw material costs and softer demand, the Associated Press reported.
August 5, 2005Vermont Company Putting Biodiesel in Line Trucks
Click here to write a Letter to the Editor. reen Mountain Power in Colchester, Vt., has begun blending biodiesel fuel made from animal fat and vegetable oil in its trucks.
August 5, 2005Payrolls Rise 207,000; Unemployment Rate Holds at 5%
Click here to write a Letter to the Editor. mployers added 207,000 workers to payrolls in July and the unemployment rate remained at 5%, the Labor Department said Friday.
August 5, 2005