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Business, Logistics

Panther Expedited Services Acquires Logistics Firm

Panther Expedited Services said Wednesday it acquired Integres Global Logistics, a technology-based freight forwarding and logistics company. Terms were not disclosed.

March 22, 2007
Business, Government

Leading Economic Indicators Drop 0.5% in February

An index of leading economic indicators fell last month by the most in more than a year, the New York-based Conference Board reported Thursday.

March 22, 2007
Business

Jobless Claims Fall by 4,000 for Week

Initial jobless claims fell by 4,000 last week to the lowest level in more than a month, the Labor Department reported Thursday.

March 22, 2007
Business, Government, Autonomous

Editorial: U.S.-Mexico Border Standoff

It seemed like such a simple and logical plan: As the nations of North America removed obstacles to the free flow of goods between them, the barriers impeding the trucks that move those goods also would be torn down.

March 22, 2007
Business

Federal Reserve Holds Benchmark Interest Rate at 5.25%

For a sixth straight time, the Federal Reserve on Wednesday voted to keep the benchmark U.S. interest rate at 5.25%.

March 21, 2007
Business

FedEx Reports Its Third-Quarter Income Dips 2%

FedEx Corp. Wednesday said its fiscal third-quarter profit dipped 2% to $420 million or $1.35 per share, from $428 million or $1.38 a year earlier.

March 21, 2007
Business, Safety, Government

EGL Receives $40 Per-Share Offer From Apollo Management

Just a day after it said it would be sold for $38 a share to a group headed by its chief executive officer, transportation firm EGL Inc. said it had received a competing offer for $40 a share from another investment group.

March 21, 2007
Business, Safety, Government, Logistics

Hub Group CFO Tom White Leaves Company

Transportation logistics firm Hub Group Inc. said late Tuesday that Chief Financial Officer Tom White resigned has been replaced by Terri Pizzuto, the company's vice president of finance.

March 21, 2007
Government, Business, Safety, Autonomous

Security & Safety Briefs — March 15 - March 21

Kentucky Eyes Higher Speed Limits • Penske Has Trained 15,000 Drivers Under Highway Watch Program • Colorado to Spend $1.2 Mln. for Truck ‘Chain-Up’ Spaces

March 21, 2007
Business, Government, Safety, Autonomous

Trucking, Safety Officers’ Group Join Forces Against Coalition Over Criticism of FMCSA

WASHINGTON — Trucking and law enforcement groups said a recent report claiming the Federal Motor Carrier Safety Administration has failed to ensure trucking safety was unproductive and poorly researched.

Sean McNally | Staff Reporter
March 21, 2007

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