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FedEx Q2 income drops
Alan Field / The JOURNAL of COMMERCE ONLINE |
Buffeted by higher fuel prices, FedEx Corp. on Thursday reported net income of $479 million for the
Transport, Trade and Regulation News
OMB completes 10+2 review
R.G. Edmonson / The JOURNAL of COMMERCE ONLINE |
WASHINGTON -- The White House Office of Management and Budget on Wednesday completed its review of C
Transport, Trade and Regulation News
CMA CGM hikes India-East Africa fuel charge
The JOURNAL of COMMERCE ONLINE |
French carrier CMA CGM announced an increase in its bunker surcharge for cargo moving from India to
Maritime
European liners tab manager for data exchange
The JOURNAL of COMMERCE ONLINE |
The European Liner Affairs Association announced that P3 Technology has been granted a contract to r
Maritime
Jacksonville dredging funded
The JOURNAL of COMMERCE ONLINE |
Congress has funded the Jacksonville Port Authority's $2.8 million, long-planned dredging project in
Maritime
Rail Traffic Plummets Mid-December
Thomas L. Gallagher |
Freight traffic on U.S. railroads fell dramatically during the week ending December 15 in comparison
Rail News
Phila. Manufacturing Activity Falls
Thomas L. Gallagher |
On balance, conditions in the Philadelphia region's manufacturing sector deteriorated slightly in De
Transport, Trade and Regulation News
Congress Approves Port Security
Thomas L. Gallagher |
Congress sent a $555 billion omnibus spending bill to the President on Wednesday that included more
Transport, Trade and Regulation News
Congress Axes Cross-Border Funds
Ari Natter |
The Bush Administration's cross border trucking program suffered a serious blow Wednesday when Congr
Transport, Trade and Regulation News
XATA Acquires GeoLogic
William Hoffman |
Fleet optimization provider XATA's acquisition of wireless asset management company GeoLogic Solutio
Transport, Trade and Regulation News
Leading Economic Index Drops Sharply
Thomas L. Gallagher |
The U.S. leading index decreased sharply for the second consecutive month in November, the Conferenc
Transport, Trade and Regulation News
Ryder Buys Lily Assets
Thomas L. Gallagher |
Ryder System reached agreement this week to acquire the assets of the truck leasing and maintenance
Trucking News
Exel Leases Seattle Hub
Thomas L. Gallagher |
DHL Exel Supply Chain leased a new West Coast regional distribution hub in an AMB development projec
Transport, Trade and Regulation News
Senate Approves Mulvey at STB
Ari Natter |
The Senate unanimously approved Francis P. Mulvey's reappointment to the three-person Surface Transp
Transport, Trade and Regulation News
FedEx Profits Fall 6 Percent
JOC Staff |
FedEx saw its net profit fall 6 percent in the quarter ending Nov. 30 as a faltering U.S. domestic e
Air Cargo
Teamsters Ratify UPS Contract
Thomas L. Gallagher |
Members of the Teamsters union ratified the contract covering approximately 240,000 UPS employees. T
Air Cargo
GDP Hits 4.9 Percent
Thomas L. Gallagher |
Real gross domestic product in the third quarter increased at an annual rate of 4.9 percent, accordi
Transport, Trade and Regulation News
Baltimore seeks private investor for Seagirt berth
William Armbruster / Shipping Digest |
The Maryland Port Administration is seeking private investors to help fund the construction of a 50-
Maritime
NAM: U.S. should acknowledge China yuan manipulation
The JOURNAL of COMMERCE ONLINE |
The National Association of Manufacturers on Wednesday took the Treasury Department to task for its
Transport, Trade and Regulation News
Trade gap narrows in Q3
The JOURNAL of COMMERCE ONLINE |
The U.S. trade gap shrank during the third quarter by 5.5 percent to $178.5 billion in the July-Sept
Transport, Trade and Regulation News
STB rejects Horizon LinesÕ claim of 'sham movements'
The JOURNAL of COMMERCE ONLINE |
The Surface Transportation Board has rejected a claim by Horizon Lines that a competitor's shipment
Maritime
China Post Logistics eyes $2B IPO: Report
The JOURNAL of COMMERCE ONLINE |
China Post Logistics, the country's largest logistics services provider, plans to raise more than $2
Transport, Trade and Regulation News
Justice drops NAFTA records case against Ford
Alan Field / The JOURNAL of COMMERCE ONLINE |
In a case that has broad implications for U.S. importers of goods from Canada and Mexico, the Depart
Transport, Trade and Regulation News
OceanFreight gets bulk duo
The JOURNAL of COMMERCE ONLINE |
OceanFreight Inc. announced that it has taken delivery of the MV Augusta and the MV Richmond under t
Maritime
Union Pacific cuts outlook
The JOURNAL of COMMERCE ONLINE |
Union Pacific Corp. on Wednesday said rising fuel costs will cut fourth-quarter earnings by 20 cents
Transport, Trade and Regulation News
Approval of Miami port tunnels one vote away
Rick Eyerdam |
MIAMI -- Funding for the Port of Miami tunnels project to connect the port to Watson Island and its
Maritime
Delmas ups India-Mideast fuel
The JOURNAL of COMMERCE ONLINE |
French carrier Delmas on Wednesday announced plans to raise its bunker surcharge for cargo moving fr
Maritime
Massachusetts Fines FedEx Ground
JOC Staff |
Massachusetts fined FedEx Ground $190,000 for "intentionally misclassifying" 13 pickup and delivery
Trucking News
TACA raises EB tariff
The JOURNAL of COMMERCE ONLINE |
Carriers in the Trans-Atlantic Conference Agreement on Wednesday announced a tariff increase for eas
Maritime
Former EGL Executive Sentenced
JOC Staff |
Former Eagle Global Logistics Executive Kevin Andre Smoot was sentenced Wednesday to 14 months in pr
Air Cargo
Quality Completes Boasso Acquisition
Thomas L. Gallagher |
Quality Distribution on Wednesday consummated its previously announced acquisition of Boasso America
Trucking News
ATA Supports HOS Rule
JOC Staff |
A representative of the American Trucking Associations testified Dec. 18 before a Senate subcommitte
Transport, Trade and Regulation News
Public Citizen Sues over HOS
Ari Natter |
A coalition of safety groups, and the Teamsters filed suit Wednesday, asking a federal court of appe
Transport, Trade and Regulation News
USPS Set for Busiest Week
Thomas L. Gallagher |
Neither rain nor sleet nor a billion pieces of mail can overwhelm the U.S. Postal Service. T
Air Cargo
Shah to Head Delta Cargo Division
Robert W. Moorman |
Delta Air Lines named Neel Shah vice president of cargo, effective January 14, 2008.Shah, vi
Air Cargo
UP Cuts 4Q Outlook
John D. Boyd |
Union Pacific, the largest North American railroad, said a combination of soaring fuel costs with we
Rail News
Tokyo Firms Create Express Company
Robert W. Moorman |
Nippon Express, Kintetsu World Express and All Nippon Airways' plan to establish a new joint venture
Air Cargo
Cathay Launches Carbon Offset Program
Robert W. Moorman |
Cathay Pacific Airways and sister airline Dragonair have become the latest airlines in the Asia Paci
Air Cargo
Dissident CSX Investors Team Up
John D. Boyd |
TCI, the London-based activist hedge fund that has battled CSX Transportation's management this year
Rail News
FreightCar to Close Pa. Plant
Thomas L. Gallagher |
FreightCar America will close its manufacturing facility in Johnstown, Pa., the company said Wednesd
Rail News
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