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Trimac’s Second-Quarter Income Drops

Canada-based transportation firm Trimac Income Fund said its second-quarter net earnings plunged to C$2.6 million, or 9 cents per unit, from C$7.9 million, or 17 cents, a year ago.

August 13, 2008

Mullen’s 2Q Income Improves

Canadian transportation firm Mullen Group Income Fund’s second-quarter profit rose to C$19.9 million, or 25 cents a unit, from C$16.6 million, or 21 cents, a year ago.

August 13, 2008

Navistar’s 2008 Profit Could Top $400 Million

Navistar International Corp. said its 2008 net income will be $312 million to $418 million, or $4.26 to $5.72 per share.

August 13, 2008

Cummins to Add SCR Technology in 2010 Engines

Diesel engine maker Cummins Inc. said Wednesday it will add selective catalytic reduction aftertreatment to its heavy-duty 2010 engines.

August 13, 2008

Business Inventories Gain 0.7%

Business inventories rose 0.7% in May, the Commerce Department said Wednesday.

August 13, 2008

TSA Reinstates Company Running Clear Program for Registered Travelers

A week after suspending a traveler ID-check program, the Transportation Security Administration has reinstated Verified Identity Pass, the operator of the Clear program, and and said it may resume its Registered Traveler enrollment immediately.

August 12, 2008

Study Predicts Drayage Driver Shortage Due to Security Rules, Growing Imports

A new study by an intermodal consulting firm forecasts a looming shortage of port drayage drivers because of new federal security regulations and a return to growth of freight imports by sea.

August 13, 2008

U.S. Trade Deficit Drops 4.1%

The U.S. trade deficit fell by 4.1% in June, on a big jump in exports, the Commerce Department said Tuesday.

August 12, 2008

NYC Plans to Track Vehicles Entering City

New York City is developing a plan to track every vehicle that enters Manhattan to help guard against potential terrorist attacks, the New York Times reported Tuesday.

August 12, 2008

Oil Falls to Three-Month Low, at $113 a Barrel

Oil prices fell to a three-month low early Tuesday, to $113 a barrel in pre-market trading, on lower demand and a stronger U.S. dollar, the Associated Press reported.

August 12, 2008