Transportation and third-party logistics firm Pacer International said late Tuesday its second-quarter profit rose 10.4% to $13.8 million, or 40 cents a share, from $12.5 million, or 34 cents, a year ago.
August 5, 2008Search
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Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Factory Orders Jump 1.7% in June
U.S. factory orders jumped 1.7% in June, led by gains in oil and chemicals, the Commerce Department said Monday.
August 4, 2008Personal Spending Rises 0.6% in June; Prices Jump
Consumer personal spending rose 0.6% in June as prices soared, the Commerce Department said Monday.
August 4, 2008C.H. Robinson Worldwide Acquires Canadian Forwarder
Transportation and third-party logistics firm C.H. Robinson Worldwide said Monday it has acquired Transera International Holdings Ltd., a project forwarding company based in Calgary, Alberta, Canada.
August 4, 2008DOT To Extend Mexican Truck Program for 2 Years
The Department of Transportation said Monday it plans to continue a program to allow Mexican trucks into the United States for two years — just days after a House Committee passed a measure to end the program next month.
August 4, 2008Study Cites Alternative Fuels’ Role in Emissions Reduction
The University of Minnesota’s Center for Transportation Studies found the state’s greenhouse gas emissions reductions goal of 30% by 2025 to be feasible and said that alternative fuels, vehicle fuel efficiency and reducing vehicle miles traveled were central to reaching the goal, the Associated Press reported.
August 4, 2008Volvo Offers Bendix Air Disc Brakes on Heavy Trucks
Volvo Trucks North America said Monday it is now offering Bendix heavy-duty air disc brakes on Volvo VN and VT model trucks.
August 4, 2008Diesel Drops Another Dime, Falling to $4.502 a Gallon
The price of diesel fuel continued its recent decline, falling 10.1 cents to $4.502 a gallon, the lowest price in 11 weeks, the Department of Energy said Monday.
August 5, 2008ExxonMobil Breaks U.S. Record for Quarterly Profit
ExxonMobil Corp. broke its own record for the largest quarterly profit posted by a U.S. company, reporting net earnings of $11.7 billion, or $2.22 a share, up from $10.3 billion, or $1.83, a year ago.
August 1, 2008Construction Spending Falls 0.4%
Construction spending fell 0.4% in June, the Commerce Department said Friday.
August 1, 2008