Germanys Deutsche Post AG, parent of U.S. parcel carrier DHL Express, said its second-quarter profit fell 11% to about $396 million, or 33 cents a share, on costs to revamp its parcel delivery business in North America, Bloomberg News Reported.
July 31, 2008Search
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ISM Factory Index Stagnant in July
U.S. manufacturing was stagnant in July, as factory orders plunged to the lowest level in almost seven years, the Institute for Supply Management said Friday.
August 1, 2008Committee Approves Bill to Ban Mexican Trucks
WASHINGTON The House Transportation and Infrastructure Committee has
July 31, 2008July Unemployment at Four-Year High as Payrolls Fall
U.S. payrolls declined in July as the unemployment rate rose to 5.7%, the highest level since 2004, the Labor Department said Friday.
August 1, 2008Diesel Falls 11.5瞽 to $4.603
The national average retail price of diesel fell 11.5 cents to $4.603 a gallon last week, the largest one-week drop in nearly two years and the second consecutive weekly decline, the Department of Energy reported.
August 4, 2008June Truck Tonnage Jumps 5.4% in Eighth Straight Gain
The U.S. economic stimulus package and inventory replenishment by customers powered a 5.4% rise in truck tonnage during June compared with last year, the eighth consecutive monthly increase, American Trucking Associations said.
August 4, 2008ATA Sues to Block Driver Plans at L.A. and Long Beach Ports
American Trucking Associations last week asked a federal court to block emission-reduction plans by the California ports of Los Angeles and Long Beach that include concessionaire requirements the group said unlawfully re-regulated the federally de-regulated trucking industry.
August 4, 2008DOT Issues Transport Plan
Declaring the current system irrevocably broken, Transportation Secretary Mary Peters unveiled the Bush administrations final major surface transportation policy initiative a reform of the highway program that includes unlimited tolling and an increased emphasis on private capital.
August 4, 2008GDP Grew 1.9% in the Second Quarter
The U.S. economy grew at a 1.9% annual rate in the second quarter, the Commerce Department said Thursday.
July 31, 2008Bridgestone Firestone to Hike Prices by Up to 10%
Bridgestone Firestone North American Tire said Thursday that it will raise prices by up to 10% on all of its truck, bus, pickup and passenger tires because of higher raw materials costs and persistently high fuel prices.
July 31, 2008