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Initial Jobless Claims Rise for Week

First-time U.S. jobless claims rose 14,000 to 301,000 last week, the Labor Department said Thursday.

August 3, 2006

UPS Opens First Retail Centers in China

UPS Inc. said Wednesday it opened its first retail centers in Shanghai, China, the first retail endeavor launched by the company in that country.

August 2, 2006

Pacer’s Second-Quarter Income Jumps from a Year Ago

Transportation and third-party logistics firm Pacer International said late Tuesday its second-quarter net income more than tripled to $14.5 million or 38 cents a share, from $4.6 million or 12 cents a year ago.

August 2, 2006

Security & Safety Briefs — July 27 - Aug. 2

Truckers Warned on N.J. Left-Lane Enforcement • FAST Rules Start Aug. 10 for Canadian, Mexican Drivers • Port of Virginia Sets Container-Security System • DHS Launches Electronic Manifest Test • And more...

August 2, 2006

Deutsche Post’s Second-Quarter Earnings Decline

Deutsche Post AG, parent of DHL Americas, said Tuesday its second-quarter profit fell as the company spent more on acquisitions and to win back U.S. express business, Bloomberg reported.

August 2, 2006

California, Britain Reach Accord on Global Warming, Clean Fuels

California Gov. Arnold Schwarzenegger (R) and Great Britain reached an agreement to explore ways to curb greenhouse gas emissions and promote clean-burning fuels, the Associated Press reported Tuesday.

August 2, 2006

Carriers Report Drop in Length of Hauls

The average length of haul dropped at many of the nation’s largest publicly traded carriers during the second quarter, because of a shortage of operators and revised federal hours-of-service regulations, the companies said.

August 2, 2006

Letters to the Editor: Cruelty to Drivers, Hours of Service

It seems like every day or so another state, county or city passes a law prohibiting trucks from idling longer than a few minutes.

August 2, 2006

Crude Oil Price Rises on Concern Over Potential Hurricane

Crude oil prices closed near $76 a barrel Wednesday on concerns that Tropical Storm Chris may become this year’s first Atlantic hurricane by Thursday and reach Gulf of Mexico oil platforms later this week, Bloomberg reported.

August 2, 2006

Kansas City Southern Turns Second-Quarter Profit

Rail line Kansas City Southern reported Wednesday it earned $19.2 million or 24 cents a share, compared with a loss of $27.3 million or 33 cents a year earlier.

August 2, 2006