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June Air Cargo Shipments Increase 6.2%
Air cargo shipments rose 6.2% in June compared with the same month last year, the Air Transport Association said Tuesday.
August 1, 2006Expeditors International’s 2Q Earnings Rise 53%
Logistics firm Expeditors International of Washington Tuesday reported a second-quarter profit of $56.3 million or 25 cents a share, up up more than 50% from $36.7 million or 17 cents a year ago.
August 1, 20062006 TT 100: High Demand, Tight Capacity Boost Fleets' Growth
The nation’s largest for-hire carriers entered uncharted territory this year as growing demand and tight capacity continue to fuel a financial revival, and trucking executives try to adapt to fundamental changes in the flow of freight and a growing labor crisis.
July 31, 2006DOT Sets $685 Million for Emergency Road Repairs
Acting Transportation Secretary Maria Cino announced Monday $685 million in emergency funds to repair damaged roads in 31 states.
July 31, 2006ABF Expanding Network for Next- and Second-Day Service
Less-than-truckload carrier ABF Freight System said Monday it has implemented a regional transportation network to facilitate next-day and second-day delivery in the eastern United States.
July 31, 2006ArvinMeritor’s Fiscal Third-Quarter Income Declines
Heavy-duty components maker ArvinMeritor said Monday its fiscal third-quarter profit fell to $20 million or 29 cents a share, from $46 million or 66 cents a year earlier.
July 31, 2006TNT’s Second-Quarter Income Rises 10.7%
Netherlands-based logistics firm TNT NV’s second-quarter earnings before interest and tax rose 10.7% to 342 million euros, Reuters reported Monday.
July 31, 2006Winter Kerosene Shortage Could Boost ULSD Prices
A shortage of ultra-low-sulfur kerosene is expected to drive up the price of fuel for truckers in cold climates this winter, fuel refiners and fleet officials said.
July 31, 2006Chicago Manufacturing Index Rises for July
The National Association of Purchasing Management-Chicago’s manufacturing index expanded in July, the group said Monday.
July 31, 2006Agriculture Transporters Form Renewable Fuels Task Force
American Trucking Associations’ Agricultural and Food Transporters Conference said last week that it has formed a Renewable Fuels Task Force to examine issues associated with renewable fuels and their importance to the commercial agricultural trucking industry.
July 31, 2006