FedEx Sets International Express Service with Canada Post
Canada Post Corp. and FedEx Express Canada have developed a new priority worldwide international express service, the two said Wednesday.
April 23, 2008Arkansas Best’s 1Q Income Jumps
Arkansas Best Corp.’s first-quarter profit jumped 78% to $8.5 million, or 34 cents a share, from $4.8 million, or 19 cents, a year earlier.
April 23, 2008N.H. Senate Passes Measure Offering 5% Weight Tolerance
The New Hampshire Senate passed a bill that would require law enforcement to provide a 5% overweight “tolerance” for most trucks on non-interstate roads.
April 23, 2008Norfolk Southern’s 1Q Income Rises
Eastern freight railroad Norfolk Southern Corp. said its first-quarter profit rose 2%, as higher revenue per shipment offset an overall drop in traffic and record fuel prices.
April 22, 2008C.H. Robinson’s First-Quarter Income Improves
Transportation and logistics firm C.H. Robinson Worldwide’s first-quarter profit rose to $86.3 million, or 50 cents a share, from $73 million, or 42 cents, a year ago.
April 22, 2008Old Dominion’s First-Quarter Profit Dips
Old Dominion Freight Line said its first-quarter profit fell to $10.4 million, or 28 cents a share, from $13.6 million, or 36 cents, a year ago.
April 22, 2008Heartland’s 1Q Income Declines
Heartland Express said Tuesday its first-quarter profit fell 35% to $14.7 million, or 15 cents a share, from $22.6 million, or 23 cents, last year.
April 22, 2008YRC Interest Payments May Rise to $8 Million
YRC Worldwide Inc., the biggest U.S. trucking company by sales, said annual interest spending will rise by as much as $8 million under amendments to two credit agreements, Bloomberg reported Tuesday.
April 22, 2008DOT Proposes Boosting Fuel Efficiency for Cars, Light Trucks
The Department of Transportation proposed Tuesday to boost fuel-efficiency standards for cars and light trucks by almost 25% by the year 2015.
April 22, 2008