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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, 2006UPS 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, 2006Pacer’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, 2006Security & 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, 2006Deutsche 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, 2006California, 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, 2006Carriers 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, 2006Letters 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, 2006Crude 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, 2006Kansas 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