Transportation and third-party logistics firm Pacer International lowered its full-year earnings guidance, said it would consolidate some operations and said its board authorized a buyback of up to $100 million of the company’s stock.
April 5, 2007Search
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Crude Prices Fall Following Sailors’ Release by Iran
Crude oil futures fell lower Thursday after Iran released 15 British sailors it had held for two weeks, Bloomberg reported.
April 5, 2007Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Ìý
Bush Threatens to Veto Bill Delaying Border Opening
Congress and the Bush administration clashed last week over a proposal to allow Mexican trucks into the United States in a year-long pilot project, with the Senate passing a series of restrictions to the plan and a pair of bills being introduced in the House aimed at stopping it.
April 3, 2007Crude Prices Ease After Iran Says It Will Release British Sailors
Crude oil futures prices declined Wednesday after Iran's President Mahmoud Ahmadinejad said that he will release 15 captured British sailors, news services reported.
April 4, 2007ISM Services Index Declines in March
The Institute for Supply Management's services index slipped to 52.4 in March from February’s reading of 54.3, ISM said Wednesday.
April 4, 2007Feb. Factory Orders Rise 1%
Factory orders rose 1% in February following the biggest drop in six years, the Commerce Department said Wednesday.
April 4, 2007Opinion: Accidents Happen: Prepare Your Drivers
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April 3, 2007Strike Continues at Cummins Crosspoint
Negotiations between Teamsters and a distributor for diesel engine maker Cummins Inc. continued Tuesday, two days after workers at a West Virginia facility went on strike, the Associated Press reported.
April 3, 2007Air Cargo Shipments Dip 0.6%
Air cargo shipments inched up 0.6% in February, the Air Transport Association said late Monday.
April 3, 2007Kitty Hawk’s 4Q Earnings Increase
Air freight and cargo company Kitty Hawk Inc. said Tuesday it earned $8.3 million or 15 cents a share in the fourth quarter, compared with a loss of $4.1 million or 8 cents a year earlier.
April 3, 2007