Truckers Sue Wal-Mart
A federal judge in Arkansas granted class-action status to truck drivers accusing Wal-Mart Stores of using racially discriminatory practices in hiring over-the-road drivers, the Arkansas Democrat-Gazette reported Thursday.
May 17, 2007CP Workers Begin Strike
About 3,200 track workers for Canadian Pacific Railway went on strike Wednesday, slowing down trucks picking up containers stored at rail terminals, Canada’s Globe and Mail reported.
May 17, 2007April Economic Indicators Decline
An index of leading economic indicators fell in April, the New York-based Conference Board said Thursday.
May 17, 2007Housing Starts Rise; Permits Plunge
Housing starts rose for a third straight month in April but building permits fell to a 10-year low, the Commerce Department said Wednesday.
May 16, 2007House Delays Mexican-Trucks Plan
The House voted overwhelmingly Tuesday to delay a Department of Transportation plan to allow Mexican trucks full access to U.S. highways, the Associated Press reported.
May 16, 2007Real ID Rule Would Hurt Trucking, ATA Says
Kitty Hawk Posts 1Q Loss
Air cargo transporter Kitty Hawk Inc. said it lost $11.6 million or 22 cents a share in the first quarter, compared with a loss of $8.7 million or 17 cents a year ago.
May 16, 2007Diesel Drops Another 1.9¢; Gas Soars to Record $3.103
Diesel’s national average pump price dipped 1.9 cents to $2.773 a gallon, while gasoline jumped 4.9 cents to an all-time record $3.103, the Department of Energy said Monday.
May 15, 2007Deutsche Post’s Earnings Rise
Deutsche Post AG, parent of DHL Americas, said Tuesday its first-quarter profit rose 4%, due to lower costs and higher prices for its U.S. express unit’s services, Bloomberg reported.
May 15, 2007CPI Rises 0.4% in April
The consumer price index rose 0.4% in April, the Labor Department reported Tuesday.
May 15, 2007