Business

Ozburn-Hessey Logistics has named Scott McWilliams executive chairman of its board of directors and Bert Irigoyen chief executive officer, the company said in a statement.

Freight forwarder Clark Holdings said that its income fell to $649,000, or 8 cents per share, in the second quarter, compared with $751,000, or 7 cents, a year ago.

Mexico may rotate tariffs on U.S. goods until the Unites States resolves a dispute over Mexican Trucks’ access to U.S. roads, the Associated Press reported.

Ohio Gov. Ted Strickland’s (D) administration has proposed increasing weight limits for certain trucks in an effort to increase exports, the Associated Press reported.

More than 30 current and former FedEx Ground drivers brought a class-action lawsuit against the company last week in a federal court in Massachusetts, alleging that they were misclassified as independent contractors.

Oil fell almost $1 to below $73.50 a barrel Friday, a six-week low, on a continued uncertain economic outlook, Bloomberg reported.

Pennsylvania Governor Ed Rendell (D) released results of a bipartisan poll that showed majorities of the state’s residents are concerned about transportation and back more funding of infrastructure projects.

Intermodal rail traffic rose to its highest level of the year last week, the Association of American Railroads said.

An index of leading economic indicators increased 0.1% in July, the second increase in four months, the New York-based Conference Board said Thursday.

Manufacturing levels in the Philadelphia region showed contraction for the first time in a year, the Federal Reserve Bank of Philadelphia said Thursday.