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Business, Government

Philadelphia Factory Index Gains

Manufacturing levels in the Philadelphia area rose this month, the Federal Reserve Bank of Philadelphia said Thursday.

May 17, 2007
Business, Government, Equipment

Truckers Sue Wal-Mart

Bruce Andrew Peters

A federal judge in Arkansas granted class-action status to truck drivers accusing Wal-Mart Stores of using racially discriminatory practices in hiring over-the-road drivers, the Arkansas Democrat-Gazette reported Thursday.

May 17, 2007
Business, Technology, Government, Logistics

CP Workers Begin Strike

About 3,200 track workers for Canadian Pacific Railway went on strike Wednesday, slowing down trucks picking up containers stored at rail terminals, Canada’s Globe and Mail reported.

May 17, 2007
Government, Business

April Economic Indicators Decline

An index of leading economic indicators fell in April, the New York-based Conference Board said Thursday.

May 17, 2007
Government

Housing Starts Rise; Permits Plunge

Housing starts rose for a third straight month in April but building permits fell to a 10-year low, the Commerce Department said Wednesday.

May 16, 2007
Business, Safety, Government

House Delays Mexican-Trucks Plan

DOT Secretary Mary Peters — James Kim for DOT

The House voted overwhelmingly Tuesday to delay a Department of Transportation plan to allow Mexican trucks full access to U.S. highways, the Associated Press reported.

May 16, 2007
Government, Business, Safety

Real ID Rule Would Hurt Trucking, ATA Says

American Trucking Associations said a draft rule issued by the Department of Homeland Security making state and commercial driver licenses subject to more stringent security checks would further contribute to an industrywide driver shortage and could put small trucking companies out of business.

May 16, 2007
Business, Fuel, Government, Safety

Kitty Hawk Posts 1Q Loss

Air cargo transporter Kitty Hawk Inc. said it lost $11.6 million or 22 cents a share in the first quarter, compared with a loss of $8.7 million or 17 cents a year ago.

May 16, 2007
Business, Logistics, Fuel, Government

Diesel Drops Another 1.9¢; Gas Soars to Record $3.103

TT File Photo

Diesel’s national average pump price dipped 1.9 cents to $2.773 a gallon, while gasoline jumped 4.9 cents to an all-time record $3.103, the Department of Energy said Monday.

May 15, 2007
Business, Government

Deutsche Post’s Earnings Rise

Deutsche Post AG, parent of DHL Americas, said Tuesday its first-quarter profit rose 4%, due to lower costs and higher prices for its U.S. express unit’s services, Bloomberg reported.

May 15, 2007

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