The U.S. trade deficit narrowed by 4% in September as exports climbed to a record high, the Commerce Department said Thursday.
November 10, 2011Search
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Illinois Supreme Court Rejects Appeal By C.H. Robinson
The Illinois Supreme Court has denied an appeal request from C.H. Robinson Worldwide over a $23.8 million civil verdict against it, following a fatal traffic accident involving a carrier hired by the broker.
November 14, 2011Senate Committee OKs Highway Bill
The Senate Environment and Public Works Committee last week approved a transportation bill that would authorize $84 billion in highway spending over two years, the first such measure to move in Congress since the previous funding legislation expired in 2009.
November 14, 2011TNT Express’ 3Q Profit Declines
TNT Express NV, Europe’s second largest post company, said its third-quarter earnings fell to about $7 million, from about $19 million a year earlier, Bloomberg reported.
November 10, 2011Calif. Group Files Suit Over Trucking Greenhouse-Gas Rules
A California group representing businesses has filed a federal lawsuit challenging the federal government’s greenhouse emissions regulations for medium- and heavy-duty trucks.
November 10, 2011UPS, FedEx Gear Up for Holidays
UPS Inc. said it expects to hire 55,000 temporary workers and FedEx Corp. 20,000 workers for the holiday season.
November 10, 2011Equity Firm Buys Aftermarket Distributor TruckPro
Private equity firm Harvest Partners said it completed its acquisition of aftermarket heavy-duty truck parts distributor TruckPro Inc.
November 10, 2011Wright Express Reports Higher 3Q Profit
Wright Express Corp.’s third-quarter profit grew to $48 million, or $1.23 per share, from $21 million, or 53 cents, a year earlier.
November 10, 2011Clarke Posts 3Q Loss; Freight Unit Improves
Canadian holding company Clarke Inc. reported a third-quarter loss but its freight transportation unit’s performance improved.
November 10, 2011Covenant Reports 3Q Loss
Covenant Transportation Group reported a third-quarter loss, citing higher expenses and fuel costs, and a charge.
November 10, 2011