Business

Canadian transportation firm Mullen Group Income Fund said its second-quarter profit plunged 57.3% to C$16.6 million or 21 cents a share, from C$38.9 million or 64 cents a year earlier.

Transportation and third-party logistics firm Pacer International on Wednesday said its second-quarter net income fell 13.8% to $12.5 million or 34 cents a share, from $14.5 million or 38 cents a year ago.

Air cargo company Atlas Air Worldwide Holdings said Wednesday it earned $43.2 million or $2.01 a share in the second quarter, up from $10.7 million or 51 cents a year ago.

Bankrupt auto parts supplier Delphi Corp., Troy, Mich., said its net loss in the second-quarter narrowed to $821 million or $1.46 a share, from $2.3 billion or $4.05 a share in 2006.

Bankrupt auto parts supplier Delphi Corp., Troy, Mich., said it net loss in the second-quarter narrowed to $821 million or $1.46 a share, from $2.3 billion or $4.05 a share in 2006.

The Washington Department of Transportation said it is preparing to close a 1.1 mile stretch of Interstate 5, a major highway leading to downtown Seattle, for a 19 day repair project.

A federal judge in Indiana has denied environmentalists' request that he block truck shipments of nerve agent waste from Newport Chemical Deport in the Western portion of the state to an incinerator in Texas, the Associated Press reported.

Freight railroad CSX Transportation said it has entered into an agreement with the state of Kentucky under which state law enforcement officials will be able to track the location of CSX trains and monitor the contents of the carrier’s railcars.