Safety
Business, Fuel, Government, Safety

FedEx Buys Air Cargo Firm

TT File Photo

FedEx Corp. said Friday that it signed an agreement to acquire Hungarian air cargo company Flying-Cargo Hungary Kft.

Transport Topics
April 6, 2007
Business, Safety

Intermodal Volume Declines

Tom Biery/Trans Pixs

Rail and intermodal traffic continued a downward trend of the past few weeks, with intermodal falling 2.5% last week and rail carload traffic declining 8.7% compared with a year ago, the Association of American Railroads said Thursday.

Transport Topics
April 5, 2007
Business, Safety, Government, Equipment, Logistics

Pacer Lowers ’07 Guidance

TT File Photo

Transportation and third-party logistics firm Pacer International lowered its full-year earnings guidance, said it would consolidate some operations and said its board authorized a buyback of up to $100 million of the company’s stock.

Transport Topics
April 5, 2007
Business, Safety, Government

ISM Services Index Declines in March

The Institute for Supply Management's services index slipped to 52.4 in March from February’s reading of 54.3, ISM said Wednesday.

Transport Topics
April 4, 2007
Business, Government, Safety

Speed Limiter Petitions Draw Heavy Response

The Department of Transportation received nearly 3,700 responses, many of them anonymous, to a pair of petitions seeking a federal regulation to limit truck engine speeds to 68 miles per hour, with comments ranging from strong support to warnings of increased road rage.

Sean McNally | Staff Reporter
April 3, 2007
Business, Safety

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April 3, 2007
Business, Fuel, Government, Safety

Kitty Hawk’s 4Q Earnings Increase

Air freight and cargo company Kitty Hawk Inc. said Tuesday it earned $8.3 million or 15 cents a share in the fourth quarter, compared with a loss of $4.1 million or 8 cents a year earlier.

Transport Topics
April 3, 2007
Business, Government, Safety, Equipment

Strike Continues at Cummins Crosspoint

Negotiations between Teamsters and a distributor for diesel engine maker Cummins Inc. continued Tuesday, two days after workers at a West Virginia facility went on strike, the Associated Press reported.

Transport Topics
April 3, 2007
Business, Fuel, Government, Safety

Air Cargo Shipments Dip 0.6%

Air cargo shipments inched up 0.6% in February, the Air Transport Association said late Monday.

Transport Topics
April 3, 2007
Business, Safety, Government

Opinion: Accidents Happen: Prepare Your Drivers

 

April 3, 2007

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