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DHS Gives $4.8 Million to Fund Highway Watch Program

The Department of ºÚÁϳԹÏÍøland Security said Thursday it was allocating $4.8 million to the Highway Watch program for the current fiscal year.

July 7, 2006

DOT’s Transportation Services Index Rises in May

The Transportation Department’s transportation services index for May rose 1.1% from its April level and the freight index also rose, DOT said Friday.

July 7, 2006

Air Cargo Shipments Jump 9.9% in May

Air cargo shipments jumped 9.9% in May compared with the same month last year, the Air Transport Association said Thursday.

July 6, 2006

ISM Services Index Declines in June

The U.S. economy’s service sector growth declined in June, the Institute for Supply Management said Thursday.

July 6, 2006

Con-way Settles Airfreight Suit for $9.2 Million

Con-way Inc. has paid $9.2 million to settle a suit by former pilots and crew members who worked for the company’s airfreight unit until it was shut down five years ago, Bloomberg reported Thursday.

July 6, 2006

Ryder Creates ‘Smart Truck’ Project With Tech Firms

Ryder System has entered into an alliance with Teletrac and Cingular Wireless to launch RydeSmart, an onboard telematics technology designed to improve vehicle uptime, driver efficiency, highway safety and cargo security.

July 6, 2006

Hub International Buys Montreal Trucking Insurance Broker

Insurance broker Hub International Ltd. has acquired Montreal-based AssurConseil, an insurance broker with trucking expertise, Hub said late Wednesday.

July 6, 2006

Initial Jobless Claims Drop 2,000 for Week

First-time unemployment claims fell by 2,000 to 313,000 last week, the Labor Department reported Thursday.

July 6, 2006

Forward Air, DHL Set Three-Year Partnership

Forward Air Inc. said late Wednesday it has begun a three-year partnership with DHL Global Forwarding, under which Forward Air will be the primary provider of DHL Global Forwarding’s expedited ground transportation services.

July 6, 2006

DOT May Revoke Exemption on Some International Flights

The Department of Transportation has proposed to withdraw antitrust immunity from tariff-coordination meetings held by the International Air Transport Association that discuss and set passenger fares and cargo rates for U.S.-Europe and U.S.-Australia flights.

July 6, 2006