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Jobless Claims Fall by 5,000

Initial jobless claims fell by 5,000 last week, the Labor Department said Thursday.

May 17, 2007

Oil Closes Week Near $65 a Barrel

Crude oil futures for a second day closed just short of $65 a barrel on Friday, following a jump of more than $2 on Thursday, Bloomberg reported.

May 18, 2007

FedEx, Commerce Sign Pact

FedEx Corp. and the Commerce Department’s U.S. Commercial Service announced a new five-year agreement Wednesday aimed at boosting exports from U.S. businesses.

May 16, 2007

US 1 Industries’ Income Dips

Logistics firm US 1 Industries’ first-quarter income fell to $370,000 or 3 cents a share, from $695,000 or 6 cents a year ago.

May 16, 2007

TravelCenters Posts 1Q Loss

Truck stop chain TravelCenters of America reported a net loss for the two-month period from Feb. 1 through March 31, and for the first quarter.

May 16, 2007

Velocity Takes Fiscal 3Q Loss

Velocity Express said Tuesday it lost $13.3 million or 49 cents a share in its fiscal third quarter ended March 31, compared with a loss of $3.9 million or 23 cents a year ago.

May 16, 2007

Kitty Hawk Posts 1Q Loss

Air cargo transporter Kitty Hawk Inc. said it lost $11.6 million or 22 cents a share in the first quarter, compared with a loss of $8.7 million or 17 cents a year ago.

May 16, 2007

Trailer Bridge Reports 1Q Profit

Trailer Bridge Inc. earned $1.3 million or 11 cents a share in the first quarter, compared with a loss of $1.8 million or 15 cents a year ago.

May 16, 2007

Driver Error Causes 75% of Tanker Rollovers, FMCSA Report Says

By Tarun Reddy, Staff Reporter

May 16, 2007

Real ID Rule Would Hurt Trucking, ATA Says

American Trucking Associations said a draft rule issued by the Department of ºÚÁϳԹÏÍøland Security making state and commercial driver licenses subject to more stringent security checks would further co

May 16, 2007