FedEx Corp. said Friday that it signed an agreement to acquire Hungarian air cargo company Flying-Cargo Hungary Kft.April 6, 2007
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.April 5, 2007
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.April 5, 2007
The Institute for Supply Management's services index slipped to 52.4 in March from February’s reading of 54.3, ISM said Wednesday.April 4, 2007
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.April 3, 2007
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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.April 3, 2007
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.April 3, 2007
Air cargo shipments inched up 0.6% in February, the Air Transport Association said late Monday.April 3, 2007
April 3, 2007