Senate Republicans Friday blocked an energy bill that would have boosted taxes on oil and gas companies and raised fuel economy standards for most vehicles, Bloomberg reported.
December 7, 2007Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Teamsters, Canadian Pacific Reach Tentative Pact
The Teamsters Canada Rail Conference, which represents 4,500 locomotive engineers and conductors, reached an agreement with rail line Canadian Pacific on a revised tentative five-year contract settlement, CP said.
December 6, 2007UTi Worldwide’s 3Q Profit Improves
Air and ocean freight forwarder UTi Worldwide said Thursday its fiscal third-quarter profit rose 14% to $34.9 million or 35 cents a share, from $30.5 million or 31 cents a year ago.
December 6, 2007Dynamex Reports Higher 1Q Profit
Logistics and delivery firm Dynamex Inc. reported its fiscal first-quarter net income rose to $4 million or 39 cents a share, from $3.6 million or 34 cents a year earlier.
December 6, 2007Patriot CEO Anderson to Retire in February
Patriot Transportation Holding said that Chief Executive Officer John Anderson will retire in February. He will be succeeded by John Baker.
December 6, 2007I-5 in Wash. State May Reopen to Truck Traffic Thursday
Interstate 5, part of which has been closed in Washington state since Monday due to flooding, could reopen to limited truck traffic Thursday night, the Seattle Times reported on its Web site.
December 6, 2007Celadon Completes Share Repurchase; Sets New Plan
Truckload carrier Celadon Group said Wednesday it has completed the two million share stock repurchase program authorized by its board in late October.
December 5, 2007ISM Services Index Declines in November
The economy’s service sector growth rate declined in October, the Institute for Supply Management said Wednesday.
December 5, 2007Oil Falls Following DOE Report
Oil prices dipped Wednesday following an Energy Department report that showed distillate inventories, which include diesel fuel and home heating oil, rose last week.
December 5, 2007Floods Close Stretch of I-5 in Northwest
Severe floods in the Pacific Northwest have closed a stretch of Interstate 5 until at least Thursday, news reports said.
December 5, 2007