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Crude Oil Falls for Third Day, Closes Below $59 a Barrel

Crude oil futures fell for a third day on the New York Mercantile exchange, closing below $59 a barrel, Bloomberg reported Tuesday.

November 14, 2006

Contrans Income Fund Reports Higher Quarterly Profit

Canadian firm Contrans Income Fund said Tuesday it earned $7.9 million or 28 cents a unit, compared with $6.8 million or 24 cents a year earlier.

November 14, 2006

Study Warns Against Cutting Tolls on Mass. Turnpike

A plan to abolish tolls on the Massachusetts turnpike west of Route 128 could add $1 billion to the state’s existing $16 billion transportation funding shortfall, the Boston Globe reported Tuesday, citing a new study.

November 14, 2006

Trimac’s Third-Quarter Income Rises

Canadian transportation firm Trimac Income Fund said it earned C$5.9 million or 14.6 cents per unit in the second quarter, compared with C$4.1 million or 9.1 cents a year earlier.

November 13, 2006

Truck, Engine OEMs Plan Layoffs as Orders for New Tractors Fall

everal signs of the long-expected drop in truck production are beginning to appear, as a new report on Class 8 orders showed a significant year-over-year decline and another engine maker announced layoffs.

, November 13, 2006

Fuel, Traffic Push Interest in Map Units

DALLAS — Higher fuel costs and increasing traffic are driving interest in onboard navigation systems that help drivers find the most efficient and safest routes possible, according to vendor representatives.

November 13, 2006

DHL Debuts Online Visibility Application for Shipments

Parcel carrier DHL, the parent company of DHL Americas, on Monday announced the launch of ProView, its online shipment visibility and event notification application.

November 13, 2006

Technology Briefs — November 14 - November 20

Wright Express' 3Q Earnings Rise • Pervasive Software Provides Database Technology to GPSNet • Clean Diesel’s 3Q Loss Narrows

November 13, 2006

UPS’ Largest Shareholders Increases Holdings

Capital Research & Management Co., UPS Inc.’s biggest shareholder, on Monday boosted its stake in the parcel delivery giant to 66.9 million shares, Bloomberg reported.

November 13, 2006

BNSF Won't Block Larger Trucks

ALLAS — The top executive of one of the nation’s largest railroads said he would not oppose efforts to increase federal truck size and weight limits, as long as larger trucks pay higher fees to use the nation’s roads. br clear="all">

November 9, 2006