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Hurricane Katrina Slams Florida, Enters Gulf of Mexico
Hurricane Katrina moved into the Gulf of Mexico off Florida’s southwestern coast Friday after dumping more than 10 inches of rain, downing trees and power lines and leaving at least five people dead in the state, news services reported.
August 26, 2005July Tonnage Index Falls; ATA Lowers ’05 Growth Outlook
Click here to write a Letter to the Editor. verall for-hire trucking freight volumes fell 0.6% in July from June on a seasonally adjusted basis and American Trucking Associations lowered its projected 2005 tonnage growth outlook for the industry, ATA said Friday.
August 26, 2005Intermodal Containers Set All-Time Weekly Record
With the peak shipping season in full force, intermodal container traffic for the week ended Aug. 20 was the highest week ever on record, the Association of American Railroads said.
August 26, 2005Jobless Claims Fall 4,000 in Latest Week
The number of U.S. workers filing for initial unemployment benefits fell by 4,000 to 315,000 for the week ended Aug. 20, the Labor Department reported Thursday.
August 25, 2005Hawaii to Cap Wholesale Gasoline Prices
Click here to write a Letter to the Editor. awaii became the first state since the 1970s to authorize caps on wholesale gasoline prices, the Associated Press reported Thursday.
August 25, 2005Court Approves Allied’s Bankruptcy Financing Plan
Auto transporter Allied Holdings, won court approval to borrow as much as $230 million to pay expenses while it reorganizes in bankruptcy, Bloomberg reported late Wednesday.
August 25, 2005Cargo Connection, Scanwell Form Logistics Partnership
Cargo Connection Logistics Holding said Thursday that its subsidiary had entered into a non-exclusive partnership with Scanwell Logistics to provide warehouse services, transportation services and information systems and support.
August 25, 2005Crude Oil Hits $68; Sets New Closing Price Record
Click here to write a Letter to the Editor. rude oil prices hit $68 for the first time in overnight trading on the New York Mercantile Exchange, though prices fell early Thursday following predictions that Tropical Storm Katrina may miss most Gulf of Mexico oil platforms, Bloomberg reported.
August 25, 2005SCS Names New Chief Executive Officer at Jevic Unit
Holding company SCS Transportation said Thursday it had promoted David Gorman to chief executive officer at its Jevic Transportation subsidiary.
August 25, 2005Katrina Becomes a Hurricane; Moves Into Florida
Hurricane Katrina blew ashore onto Florida's southeastern coast late Thursday afternoon, shortly after being upgraded by meteorologists from a tropical storm, news services reported.
August 25, 2005