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AirIq Posts Small 1Q Profit

Canadian technology firm AirIq Inc., which provides wireless location services to the trucking industry, said it earned C$671,000, or less than 1 Canadian cent per share, in the first quarter, comp

May 29, 2007

Allied Holdings Names Gendregske CEO

Allied Holdings, Decatur, Ga., the bankrupt parent of auto hauler Allied Automotive Group, on Friday said it named Mark Gendregske, the former head of Vector SCM, its new chief executive officer.

May 25, 2007

Existing ºÚÁϳԹÏÍøs Sales Fall to Lowest Level in Nearly Four Years

Existing home sales fell 2.6% in April, tumbling to their lowest level in nearly four years, the National Association of Realtors said Friday.

May 25, 2007

EGL Accepts Ceva’s Bid

EGL Inc. said Thursday it had accepted a $2 billion bid to be acquired by the Ceva Group, which is owned by private-equity firm Apollo Management.

May 25, 2007

Jobless Claims Rise by 15,000

Initial jobless claims rose by 15,000 last week, the Labor Department said Thursday.

May 24, 2007

Durable Orders Rise for Third Month

Durable goods orders rose for a third straight month in April, gaining 0.6%, the Commerce Department said Thursday.

May 24, 2007

Biofuels May Boost Gas Prices, N.Y. Times Says

Continued record high gasoline prices may become a trend, due in part to an expansion in biofuel development, according to some oil executives, the New York Times reported Thursday.

May 24, 2007

Aurora Parts & Accessories Names Clarke CEO

Aurora Parts & Accessories, a unit of Aurora Trailer Holdings LLC, said Thursday it has appointed David Clarke chief executive officer.

May 24, 2007

Rail, Intermodal Fall for Week

Rail carload and intermodal freight fell last week compared with a year ago, the Association of American Railroads said.

May 25, 2007

Oil Climbs Despite Inventory Gains

Crude oil rose to near $66 a barrel Wednesday despite a Department of Energy report that showed fuel inventories rose last week, Bloomberg reported.

May 23, 2007