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UPS Moving Asia Air Hub to China

UPS Inc. said Wednesday it is moving its primary intra-Asia air hub to southern China, from the Philippines, to save money and reduce transit times across Asia.

May 21, 2008

Gas Prices Soar 17¢ to $3.79 a Gallon

Gasoline prices soared 17 cents in the past two weeks to a national average of $3.79 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.

May 19, 2008

Editorial: A Fueling Alternative

Retail fuel prices skyrocketed again last week, with diesel jumping 18.2 cents a gallon to a national average of $4.331, the biggest one-week increase since October 2005 and more than 15 cents more than the last record.

May 19, 2008

Ontario-U.S. Truck Border Crossings Decline

Truck crossings from the Canadian province of Ontario into the United States have fallen 5.6% in 2008 compared with the same period last year, the Ontario Trucking Association said Thursday.

May 15, 2008

US1 Reports Higher First-Quarter Profit

Logistics firm US1 Industries said its first-quarter net income improved to $690,000, or 5 cents a share, from $370,000, or 3 cents, a year ago.

May 14, 2008

Contrans’ First-Quarter Income Declines

Canadian firm Contrans Income Fund said Tuesday its first-quarter income fell to C$5 million, or 17 cents per unit, from C$8.1 million, or 28 cents, a year ago.

May 13, 2008

Clarke Reports First-Quarter Loss

Canadian holding company Clarke Inc. Monday reported a first-quarter loss of C$2.1 million, or 7 cents per share, compared with net income of C$12.1 million, or 28 cents, a year ago.

May 12, 2008

President Bush Declares ‘National Transportation Week’

President Bush declared this week as “National Transportation Week” and Saturday to be “National Defense Transportation Day,” the White House said Friday.

May 12, 2008

ATA Unveils Sustainability Plan; Backs Truck Fuel-Use Standard

American Trucking Associations launched a major initiative to meet the industry’s growing fuel-price crisis, supporting for the first time national truck fuel-economy standards.

May 12, 2008