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Chinese Oil Firm Makes $18.5 Bln. Bid for Unocal
Click here to write a Letter to the Editor. hina’s third-largest oil producer made an unsolicited $18.5 billion offer Thursday for U.S. oil company Unocal Corp., marking that country’s most ambitious attempt to acquire a Western company, news services reported.
June 23, 2005May Existing ºÚÁϳԹÏÍø Sales Fall 0.7%, But Remain High
Sales of existing homes fell 0.7% in May from April’s record high to an annual rate of 7.13 million, the National Association of Realtors said Tuesday.
June 23, 2005Initial Jobless Claims Fall by 20,000 For Week
The number of U.S. workers filing for initial unemployment benefits fell by 20,000 to 314,000 for the week ended June 18, the Labor Department reported Thursday.
June 23, 2005Port of Los Angeles Applying for $30 Mln. in Security Grants
Click here to write a Letter to the Editor. he Port of Los Angeles said late Wednesday it had submitted proposals for $30 million in grants from the Department ºÚÁϳԹÏÍøland Security grants to help with security measures at the port.
June 23, 2005N.Y. Transit Authority Restricts Trucks on Two Bridges
Click here to write a Letter to the Editor. img src="http://www.ttnews.com/images/printeditiontag_new.gif" width=120 align=right>A New York state trucking official said a decision by the Metropolitan Transit Authority to restrict traffic on two of New York City’s busiest bridges would increase truckers’ travel times and push the cost of goods higher.
June 23, 2005UPS, Pilots' Union Say Mediation Talks Take Recess
UPS Inc. and the union representing its pilots said Thursday the National Mediation Board ordered a recess in the two parties' labor negotiations.
June 23, 2005Schneider Hiring 100 Drivers in Southeast Region
Truckload carrier Schneider National said Wednesday it would add 100 driving jobs in the Huntsville, Ala., area as it expands its presence in the Southeast.
June 22, 2005Senate Reportedly Close to Deal Scaling Back Estate Tax
The Senate is close to reaching a compromise that would eliminate the estate tax for all but the most wealthy Americans, the Wall Street Journal reported Wednesday.
June 22, 2005FMCSA Proposes Revisions To Cargo-Securement Rule
Click here to write a Letter to the Editor. img src="http://www.ttnews.com/images/printeditiontag_new.gif" width=120 align=right>The Federal Motor Carrier Safety Administration has proposed revising its rules that govern how cargo is secured on flatbed trailers. The regulations, which went into effect in January 2004, cover how carriers must tie down or secure materials such as lumber, metal and automobiles.
June 22, 2005EGL Issues Second-Quarter Earnings Guidance
Logistics firm EGL Inc. said late Tuesday it expects second-quarter earnings per share of 22 to 24 cents, including a 2-cent restructuring charge.
June 22, 2005