Con-way Inc.’s less-than-truckload Con-way Freight unit will report lower fourth-quarter earnings compared with a year ago due to higher healthcare costs, the company said Thursday.
January 13, 2011BusinessLogistics
Odyssey Logistics & Technology Acquires Optimodal Inc. to Add Intermodal Option
Third-party logistics provider Odyssey Logistics & Technology Corp. said Jan. 11 it has acquired Optimodal Inc. to expand intermodal service options in North America for containerized chemicals shipments.
January 13, 2011GovernmentBusinessSafetyAutonomous
Garmin Unveils New Trucker GPS Units
Satellite navigation provider Garmin Inc., Olathe, Kan., on Jan. 9 unveiled its latest navigation handheld device for truck drivers.
January 13, 2011Business
Transport America Buys Southern Cal Transport
Transport America said it has acquired Birmingham, Ala.-based truckload carrier Southern Cal Transport. Terms were not released.
January 13, 2011BusinessFuel
QualaWash Acquires PSC
Tanker-cleaning service QualaÂWash Holdings LLC said it acquired PSC Container Services for an undisclosed sum.
January 13, 2011Business
UPS Airlines President Retires
The president of UPS Inc.’s freight airline has retired after working for the company for 36 years.
January 13, 2011Business
U.S. Trade Deficit Drops to 10-Month Low
The U.S. trade deficit fell to a 10-month low in November, the Commerce Department said Thursday.
January 13, 2011Business
Initial Jobless Claims Rise for Week
Initial jobless claims increased last week to the highest level since October, the Labor Department said Thursday.
January 13, 2011Business
December Producer Price Index Rises 1.1%
Prices paid to U.S. producers rose by the most in almost a year, gaining 1.1% in December, the Labor Department said Thursday.
January 13, 2011Business
DOT Freight Transportation Index Rises 0.1%
The Department of Transportation’s freight transportation services index rose 0.1% in November from a year earlier, the 11th straight year-over-year gain.
January 12, 2011