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Oil Retreats From Record Highs After London Bombings
The price of crude oil dropped more than $4 a barrel in the immediate aftermath of several apparent terrorist attacks on Londons mass transit system, Bloomberg News reported Thursday.
July 7, 2005
TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
U.S. Terror Threat Level Not Rising, Official Says
The Department of 窪蹋勛圖厙land Security has no plans to increase the terror level for the United States in the wake of the terrorist attacks in London, Bloomberg News reported, citing a DHS spokeswoman.
July 7, 2005SCS Transportation Warns of Lower 2005 Profits
Regional less-than-truckload carrier SCS Transportation Inc. said in a statement that some severe accidents and an adverse verdict against the company would lower full-year earnings by nearly 20 cents a share.
July 7, 2005DaimlerChrysler Announces Plans to Build New Sterling Mid-Size Truck
DaimlerChrysler AG said its Sterling Trucks unit would introduce a new mid-size truck for the North American market, Bloomberg News reported Thursday.
July 7, 2005Initial Jobless Claims Rose 7,000 Last Week to 319,000, Labor Says
The number of Americans filing for unemployment benefits for the first time rose 7,000 in the week ended July 2 to 319,000, according to a Labor Department report released Thursday.
July 7, 2005UPS Will Establish Shanghai Hub for China Service
United Parcel Service Inc. said Thursday it will set up an international air hub in Shanghai for express delivery service in China, Bloomberg News reported.
July 7, 2005U-Haul Parent Reaches Credit Deal with Merrill Lynch
Amerco, the parent company of truck renting firm U-Haul, said Wednesday it had reached an agreement with Merrill Lynch Commercial Finance Corp. on a new revolving credit facility.
July 7, 2005Financial Officers Debate Role For Vehicle-Safety Technologies
NASHVILLE, Tenn. Motor carriers must weigh the costs associated with new vehicle-safety technologies against the actual payoffs from the systems, trucking safety officers said at the annual meeting of the National Accounting & Finance Council.
July 7, 2005Segmentz Completes Sale of Trucking Unit
Logistics firm Segmentz Inc. said Tuesday it had completed the sale of the assets of its Temple Trucking unit to TTSI Holding Inc. on July 1.
July 6, 2005ISM Services Index Rises to 62.2 in June
The U.S. services sector grew in June, according to the Institute for Supply Management, which released its services index Wednesday.
July 6, 2005