Rail carload and intermodal freight fell for the week ended Saturday compared with a year ago, continuing a trend this year, the Association of American Railroads reported.
June 8, 2007Business, Fuel
EPA Official Resigns as Head of Emissions Program
June 8, 2007
Business, Autonomous
N.Y. City Fees Plan Draws Praise
New York City, which is considering a plan to charge cars and trucks extra fees in downtown Manhattan, is one of nine finalists for a share of more than $1 billion in federal money to alleviate traffic in urban areas, the New York Times reported Friday.
June 8, 2007Business, Safety
Rail, Intermodal Fall for Week
Business, Logistics
Dynamex Reports Higher 1Q Earnings
Logistics and delivery firm Dynamex Inc. said its fiscal third-quarter profit rose to $3.5 million or 32 cents a share, from $3.2 million or 29 cents a year earlier.
June 7, 2007Business, Safety, Government, Autonomous
ATA’s Graves to Chair Highway Users Group
The American Highway Users Alliance has named American Trucking Associations President Bill Graves chairman of the group’s board of directors, effective immediately.
June 7, 2007Government, Business, Technology, Logistics
Hub Group Buys Intermodal Firm
Third-party logistics company and freight broker Hub Group said it will acquire the assets of Interdom Partners, an intermodal marketing company, for $26 million.
June 7, 2007Business, Logistics
Menlo Buying Asian Logistics Firm
Con-way Inc. unit Menlo Worldwide and Cougar Logistics Corp. said Thursday they have signed an agreement under which Menlo will purchase Cougar for $33.9 million.
June 7, 2007Business, Government
Wholesale Inventories Rise 0.3%
Wholesale inventories rose 0.3% in April, the Commerce Department said Thursday.
June 7, 2007Business, Logistics, Autonomous
Norfolk Southern Plans $2 Bln. Rail Corridor
Eastern freight rail line Norfolk Southern Corp. plans to build a rail corridor costing more than $2 billion from Louisiana to the Northeast that it said would speed shipments and reduce truck freight, the Associated Press reported.
June 7, 2007Business, Fuel, Government
UTi Worldwide’s 1Q Income Dips
Air and ocean freight forwarder UTi Worldwide’s fiscal first -quarter net income fell 6% to $18.1 million or 18 cents a share, from $19.3 million or 20 cents a year ago.
June 7, 2007