FexEx Corp. Monday increased its earnings outlooks for the fiscal first quarter and fiscal year, citing better-than-anticipated volume growth in its FedEx Ground and FedEx Express units.
July 26, 2010Search
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Six More States Act To Prohibit Indemnification Contracts
Florida and Louisiana are among six states this year to pass anti-indemnification laws that prohibit contractors from shifting insurance liabilities onto truckers.
July 27, 2010C.H. Robinson’s 2Q Profit Increases
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a second-quarter profit of $97.2 million, or 59 cents a share, up from $92.3 million, or 54 cents a share, a year ago.
July 27, 2010Norfolk Southern’s Profit Jumps 59%
Norfolk Southern Corp. said its second-quarter profit jumped 59% from a year ago.
July 27, 2010P.A.M. Reports Second-Quarter Profit
P.A.M. Transportation Services reported a profit of $1.3 million in the second quarter, compared with a $2.4 million loss a year ago.
July 27, 2010LaHood Rules Out Fuel Tax Increase
WASHINGTON — Transportation Secretary Ray LaHood rejected raising fuel taxes to pay for highway improvements and said that, despite pessimism about the prospects for a long-term highway bill, the administration was focused on completing a bill this year.
July 27, 2010Company Touts EGR Results in ‘Fluid Efficiency’ Test
Fleet managers should consider total “fluid efficiency” when comparing trucks using exhaust gas recirculation engines with those using selective catalytic reduction, truck and engine maker Navistar Inc. said last week.
July 26, 2010New ϳԹ Sales Grow in June
New home sales increased 24% in June following a large decrease the month before, the Commerce Department said Monday.
July 26, 2010Gas Prices Stay at $2.73 a Gallon, Lundberg Says
Gasoline’s national average price rose by less than a cent in the past two weeks to $2.73 a gallon, according to the latest Lundberg Survey of filling stations released Sunday.
July 26, 2010Qualcomm Shipped More Tracking Units in 3Q, Company Says
Qualcomm Enterprise Services shipped more asset-tracking systems, and cut costs in the quarter ended June 27, parent company Qualcomm Inc. said in its latest quarterly earnings statement.
July 26, 2010