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Freightliner Sets New Cascadia Truck

CHARLOTTE, N.C. Freightliner Trucks last week introduced a new heavy-duty over-the-road truck called Cascadia it said improves fuel efficiency by 3%.

May 7, 2007

Air Cargo Shipments Fall 2.1%

Air cargo shipments fell 2.1% in March, the Air Transport Association said Monday.

May 7, 2007

Diesel Dips 1.9瞽 to $2.792; Gas Jumps 8.3瞽 to $3.054

The average price of retail diesel fuel fell for a third straight week, while gasoline jumped to within 1.2 cents of an all-time record, the Department of Energy said Monday.

May 8, 2007

MANs Income Improves

German truck maker MAN reiterated its interest in a three-way association with Volkswagen and Swedish rival Scania, and boosted its 2007 forecast after a better-than-expected first quarter, Agence France Press reported Thursday.

May 3, 2007

U.S. Firm Buying Canada Cartage

A U.S. private-equity firm will buy trucking company Canada Cartage for C$140 million, the Canadian Press reported Friday.

May 4, 2007

YRC Names USF Glen Moore CEO

YRC Regional Transportation said Thursday it named Gary Pruden president and chief executive officer of its USF Glen Moore unit.

May 4, 2007

P.A.M.s 1Q Income Slips

Truckload carrier P.A.M. Transportation Services first-quarter net income fell to $1.3 million or 12 cents a share, from $5.2 million or 50 cents last year.

May 3, 2007

Pacers Income Falls 41%

Transportation and third-party logistics firm Pacer Internationals first-quarter net income plunged 41% to $14.4 million or 15 cents a share, from $24.4 million or 36 cents a year ago.

May 4, 2007

ISM Services Index Gains

The Institute for Supply Managements services index rose to 56 in April from 52.4 in March, ISM said Thursday.

May 3, 2007

Productivity Rises in First Quarter

First-quarter U.S. worker productivity rose 1.7%, the Labor Department said Thursday.

May 3, 2007