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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, 2006EPA, 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, 2006Steppenwolfer 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, 2006Tobacco 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, 2006Jobless 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, 2006LTL 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, 2006Jacobson 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, 2006Expeditors 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, 2006Goodyear 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, 2006UAW 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