AirIq Posts Small 1Q Profit
FedEx to Increase Quarterly Dividend
FedEx Corp. said it will raise its quarterly dividend to 10 cents a share, from 9 cents, on July 2.
May 29, 2007PSE&G to Buy Hybrid Trucks
New Jersey utility company Public Service Electric and Gas Co. Tuesday unveiled plans Tuesday to replace 1,300 vehicles with hybrids and making changes in other areas of its corporate fleet.
May 29, 2007Union Fund Exit Would Cost UPS Up to $4 Billion
UPS Inc. would have to pay about up to $4 billion to cover its share of a Teamsters pension fund’s obligations, industry sources said.
May 28, 2007STB Asked to Delay New Limits On Freight Rate-Setting Bureaus
The National Motor Freight Traffic Association has asked the Surface Transportation Board to delay a decision to end antitrust immunity for trucking rate bureaus.
May 28, 2007Technology Speeds Load-Planning Tasks
Eight years ago, a busy day for load planner Rick Demitruk of Express-1 Expedited Solutions Inc. meant dispatching 20 to 30 loads and shepherding them through to delivery.
May 28, 2007Diesel Rises 3¢ to $2.803 a Gallon
Diesel fuel's national average price rose 3 cents to $2.803 a gallon last week, while retail gasoline spiked 11.5 cents to an all-time record of $3.218.
May 28, 2007Allied Holdings Names Gendregske CEO
Allied Holdings, Decatur, Ga., the bankrupt parent of auto hauler Allied Automotive Group, on Friday said it named Mark Gendregske, the former head of Vector SCM, its new chief executive officer.
May 25, 2007Existing Homes Sales Fall to Lowest Level in Nearly Four Years
Existing home sales fell 2.6% in April, tumbling to their lowest level in nearly four years, the National Association of Realtors said Friday.
May 25, 2007Rail, Intermodal Fall for Week
Rail carload and intermodal freight fell last week compared with a year ago, the Association of American Railroads said.
May 25, 2007