For the ninth straight time, the Federal Reserve voted to keep the benchmark U.S. interest rate at 5.25%.
August 7, 2007Search
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Second-Quarter Productivity Rises 1.8%
Second-quarter U.S. worker productivity rose 1.8%, the Labor Department said Tuesday.
August 7, 2007Wright Express' Earnings Improve in Q2
Wright Express, which provides payment processing and information management services to the trucking industry, reported Tuesday it earned $18.3 million, or 45 cents a share in the second quarter, compared with $9.9 million or 24 cents in 2006.
August 7, 2007USF Workers Ratify Contract With Teamsters
About 425 drivers and dock workers at USF Reddaway, a unit of less-than-truckload carrier YRC Worldwide, have ratified a new labor contract with the Teamsters, the union said Tuesday.
August 7, 2007Expeditors’ 2Q Profit Rises
Logistics firm Expeditors International of Washington’s second-quarter profit rose 16% to $65.5 million or 30 cents a share, from $56.3 million or 25 cents a year ago.
August 7, 2007Expeditors’ 2Q Profit Rises
Logistics firm Expeditors International of Washington’s second-quarter profit rose 16% to $65.5 million or 30 cents a share, from $56.3 million or 25 cents a year ago.
August 7, 2007GM Completes Sale of Allison Unit
General Motors Corp. on Tuesday closed the sale of its Allison Transmission commercial and military business to buyout firms Carlyle Group and Onex Corp., Bloomberg News reported.
August 7, 2007Nardelli to Lead Chrysler
Chrysler LLC, the U.S. automobile manufacturing unit of Daimlerchrysler, has appointed Jeff Nardelli as its chief executive officer, Bloomberg News reported Monday.
August 6, 2007Telargo to Provide Telematics System for LeasePlan USA
Fleet management services firm Telargo Inc. said Monday it will provide telematics systems for vehicle leasing company LeasePlan USA, Alpharetta, Georgia.
August 7, 2007Hub International Acquires Two Trucking Insurers
Hub International Transportation Insurance Services has acquired two San Antonio-based insurance brokers that provide coverage to the trucking industry, the company said Monday.
August 6, 2007