YRC Worldwide said that it has changed the name of its logistics unit Meridian IQ to YRC Logistics, and that it has entered into a preliminary agreement to buy a big Chinese logistics and trucking company.
June 27, 2007Search
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Durable Goods Orders Fall in May
Durable goods orders fell 2.8% in May, the first drop in four months, the Commerce Department said Wednesday.
June 27, 2007UPS to Sell Stake in Chinese Firm
UPS Inc. will sell its stake in Chinese package delivery firm Sinotrans, the company said.
June 28, 2007Brazilian Firms to Supply Engine Blocks for International
International Truck and Engine Corp. said Wednesday that its Brazilian subsidiary and supplier will provide compacted-graphite iron cylinder blocks for its new heavy-duty diesel engines.
June 27, 2007May Truck Tonnage Drops 3.6%
American Trucking Associations’ advanced for-hire truck tonnage index for May fell to a six-month low and was down 3.6% from a year ago, ATA said Wednesday.
June 28, 2007May Truck Tonnage Drops 3.6%
American Trucking Associations’ advanced for-hire truck tonnage index for May fell to a six-month low and was down 3.6% from a year ago, ATA said Wednesday.
Rendell May Drop Plan for Leasing Penn. Turnpike
Pennsylvania Gov. Ed Rendell (D) signalled he would drop a controversial plan to lease the Pennsylvania Turnpike in a concession to state lawmakers, as the two branches work toward agreement on a new state budget, the Pittsburgh Post-Gazette reported Tuesday.
June 26, 2007Feds Order Recall of Chinese-Made Tires
Federal officials ordered a recall of tires made in China after their U.S. distribution company disclosed that the Chinese manufacturer had stopped including a safety feature that prevented tire treads from separating, the New York Times reported.
June 27, 2007Navistar Sees ‘Solid’ 2007 Despite Truck Sales Downturn
Navistar International Corp. said Tuesday that its 2007 results will be “solid,” despite a drop in truck sales.
June 26, 2007July 4 Travel to Reach Record, AAA Says
Despite continued high gasoline prices, a record 41.1 million Americans are expected to travel during the July 4 holiday week, up 0.8% over last year, AAA said.
June 26, 2007