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Patriot Transportation Reports 2Q Income, Revenue Gains

Patriot Transportation Holding reported net income of $1.7 million or 56 cents a share for its fiscal second quarter ended March 31, up from $1.6 million or 52 cents a year earlier.

May 5, 2006

EPA, States to Review Boutique Fuels

Environmental Protection Agency Administrator Stephen Johnson has launched a task force to review so-called boutique fuels used across the county, the agency said late Thursday.

May 5, 2006

Steppenwolfer Aims to Bring 窪蹋勛圖厙 Derby Dream for Primes Low

Robert Low, president of refrigerated carrier Prime Inc., said he had a good reason for shipping a recent package from Arkansas to Kentucky by air, rather than over the road.

May 5, 2006

Tobacco Group Sues Over Law Banning Shipments

A group of cigarette distributors sued New York state Wednesday seeking to overturn a law banning Internet, telephone and mail-order tobacco sales, the Associated Press reported.

May 4, 2006

Jobless Claims Rise by 5,000 for Week

The number of U.S. workers filing initial unemployment claims rose by 5,000 to 322,000 last week, the Labor Department said Thursday.

May 4, 2006

LTL Rates Soften in 1Q as Carriers Rely on Surcharges

Publicly traded less-than-truckload carriers told of a softening LTL rate environment in their first-quarter reports, saying they had succeeded in getting fuel surcharges to stick, but were not able to boost freight rates significantly beyond that.

May 4, 2006

Jacobson Cos. Buys Logistics Firm Wilpak Inc.

Logistics firm Jacobson Cos. has acquired Wilpak Inc., a package design and logistics company, the financial firm that helped facilitate the deal said. Terms were not released.

May 4, 2006

Expeditors Sets Stock Split; Reports Higher 1Q Income

Logistics firm Expeditors International of Washington said it will undertake a 2-for-1 stock split and reported a first-quarter profit of $52.4 million or 47 cents a share, up from $30.9 million or 28 cents in the previous fourth quarter.

May 4, 2006

Goodyear Reports Higher 1Q Profit, Record Sales

Goodyear Tire & Rubber Co. reported net first-quarter earnings of $74 million or 37 cents a share, up from $68 million or 35 cents last year.

May 4, 2006

UAW Calls for Strike Vote at Delphi

The United Auto Workers union has asked its members at bankrupt auto-parts supplier Delphi Corp. to hold a strike vote by May 14, Bloomberg reported.

May 4, 2006