Velocity Appoints McAlpin President
Express package carrier Velocity Express, Westport, Conn., said it has appointed John McAlpin as president and chief operating officer.
February 26, 2010UPS Opens Calgary Truck, Air Hub
UPS Inc. said that it opened its C$30 million Calgary, Alberta, truck and air hub on Feb. 22, completing a consolidation project begun in June 2008.
February 26, 2010Existing Home Sales Fall in January
Existing homes sales dropped 7.2% in January for the second straight month, the National Association of Realtors said Friday.
February 26, 2010Consumer Confidence Drops in February
U.S. consumer confidence fell in February, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
February 26, 2010Chicago Manufacturing Index Improves
Manufacturing activity in the Chicago region showed expansion in February, the Institute for Supply Chain Management-Chicago said Friday.
February 26, 2010Universal Truckload Services’ 4Q Income Declines
Universal Truckload Services’ fourth-quarter profit fell 33.3% to $1.8 million, or 11 cents per share, from $2.6 million, or 16 cents, the previous year.
February 26, 2010Northeast Storm Disrupts Travel
A major winter storm dumped uwpards of two feet of snow on some parts of New England and the northern mid-Atlantic Thursday and Friday, disrupting travel and closing roads and airports, the Associated Press reported.
February 26, 2010Intermodal Traffic Rises for Week
U.S. intermodal rail traffic increased 19% in the week ended Feb. 20 compared with the same week last year, the Association of American Railroads said.
February 26, 2010Court Rejects Injunction in L.A. Port Plan
A federal court ruling on the Port of Los Angeles’ clean trucks plan will not significantly affect a lower court ruling that temporarily halts the port from implementing most of the port’s concession requirements, according to American Trucking Associations.
February 25, 2010Truck Tonnage Rises Again, Gaining 5.7% in January
U.S. truck tonnage rose 5.7% in January from the same month last year, the second straight year-over-year increase following more than a year of comparable declines, American Trucking Associations said.
February 25, 2010