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Vancouver 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, 2005
TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Michelin'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, 2005Goodyear's 2Q Earnings Rise; Revenue Sets Record
Goodyear Tire & Rubber Co. said late Thursday its second-quarter earnings doubled to $69 million or 34 cents a share, from $30 million or 17 cents a year earlier.
August 5, 2005Rail Freight Increases; Intermodal Continues to Surge
Overall rail freight traffic rose 1.3% for the week ended July 30 compared with the same week last year, and intermodal volume continued to increase at a greater rate, the Association of American Railroads said.
August 5, 2005Cooper Tire Takes 2Q Loss on Costs, Strike Impacts
Cooper Tire & Rubber Co. reported a second-quarter loss of $6.9 million or 11 cents a share, compared with a profit of $34 million or 45 cents a year earlier.
August 5, 2005Wabash to Sell 3,000 Trailers to Prime Inc.
Wabash National Corp. said it would sell 3,000 trailers to refrigerated carrier Prime Inc. over the next three years.
August 5, 2005Crude Oil Closes Above $62 a Barrel For First Time
Click here to write a Letter to the Editor. rude oil closed above $62 a barrel for the first time Friday, setting the third closing-price record this week, Bloomberg reported.
August 5, 2005UPS Completes $1.25 Bln. Overnite Corp. Acquisition
UPS Inc. said Friday it completed its $1.25 billion acquisition of Overnite Corp.
August 5, 2005