FedEx Corp. said Friday that it signed an agreement to acquire Hungarian air cargo company Flying-Cargo Hungary Kft.
April 6, 2007Search
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Exec Downplays Rail Takeovers
Norfolk Southern Corp. Chief Executive Officer Charles Wick Moorman told the Surface Transportation Board that buyout firms probably will not try to acquire major U.S. railroads because of opposition by rail management, Bloomberg reported.
April 12, 2007Saddle Creek Names President
Transportation and warehousing firm Saddle Creek Corp. said Tuesday that Bruce Abels is retiring as the companys president effective July 1, and will be replaced by Cliff Otto.
April 10, 2007IANA, Ocean Carriers Hit Proposed Rule on Safety of Intermodal Chassis
By Sean McNally, Senior Reporter
April 11, 2007FMCSAs New-Carrier Program Criticized
By Sean McNally, Senior Reporter
April 11, 2007Technology Briefs April 3 - April 9
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Stricter Emission Rules Raise Costs, Freight, Shipping Executives Say
By Sean McNally, Senior Reporter
April 9, 2007Pacer Sets Debt-Removal Plan
Transportation and third-party logistics firm Pacer International said Monday it has successfully completed the refinancing of its existing long-term debt.
April 9, 2007Greenhouse Ruling Could Raise Costs
The Supreme Courts ruling that the EPA must reconsider its position to leave greenhouse gas emissions from motor vehicles unregulated could lead to increased costs for trucking companies.
April 9, 2007ISM Services Index Declines in March
The Institute for Supply Management's services index slipped to 52.4 in March from Februarys reading of 54.3, ISM said Wednesday.
April 4, 2007