The House voted overwhelmingly Tuesday to delay a Department of Transportation plan to allow Mexican trucks full access to U.S. highways, the Associated Press reported.
May 16, 2007BusinessFuelGovernmentSafety
Kitty Hawk Posts 1Q Loss
Air cargo transporter Kitty Hawk Inc. said it lost $11.6 million or 22 cents a share in the first quarter, compared with a loss of $8.7 million or 17 cents a year ago.
May 16, 2007BusinessLogisticsFuelGovernment
Diesel Drops Another 1.9¢; Gas Soars to Record $3.103
Diesel’s national average pump price dipped 1.9 cents to $2.773 a gallon, while gasoline jumped 4.9 cents to an all-time record $3.103, the Department of Energy said Monday.
May 15, 2007BusinessGovernment
Deutsche Post’s Earnings Rise
Deutsche Post AG, parent of DHL Americas, said Tuesday its first-quarter profit rose 4%, due to lower costs and higher prices for its U.S. express unit’s services, Bloomberg reported.
May 15, 2007BusinessGovernment
CPI Rises 0.4% in April
The consumer price index rose 0.4% in April, the Labor Department reported Tuesday.
May 15, 2007BusinessGovernment
N.Y. Manufacturing Index Gains
Manufacturing growth in New York rose this month, the Federal Reserve Bank of New York said Tuesday.
May 15, 2007GovernmentBusinessSafetyFuel
Bush Outlines Emissions-Reduction Plan
President Bush on Monday ordered U.S. government agencies to begin taking regulatory steps to curb vehicle emissions and urged Congress to enact legislation to reduce U.S. dependence on foreign oil.
May 14, 2007GovernmentBusiness
Paccar Says Engine Plant Will Be Sited in Mississippi
Truck maker Paccar Inc. will site a new $400 million engine facility and technology center in Columbus, Miss.
May 14, 2007GovernmentBusinessSafety
Court OKs Allied’s Reorg. Plan
Auto carrier Allied Holdings said Saturday that a bankruptcy court has approved its reorganization plan.
May 14, 2007