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, 2007BusinessTechnologyGovernmentLogistics
CP 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, 2007GovernmentBusiness
April Economic Indicators Decline
An index of leading economic indicators fell in April, the New York-based Conference Board said Thursday.
May 17, 2007BusinessSafety
Calif. Ramp Fix Ahead of Schedule
The freeway ramp to Interstate 880 that collapsed after an April 29 gasoline-tanker accident last month is expected to be rebuilt by Memorial Day next weekend, ahead of schedule, the San Francisco Chronicle reported.
May 17, 2007Business
Jobless Claims Fall by 5,000
Initial jobless claims fell by 5,000 last week, the Labor Department said Thursday.
May 17, 2007Business
Industrial Production Rises in April
Industrial production rose 0.7% in April, the Federal Reserve said Wednesday.
May 16, 2007Business
Velocity Takes Fiscal 3Q Loss
Velocity Express said Tuesday it lost $13.3 million or 49 cents a share in its fiscal third quarter ended March 31, compared with a loss of $3.9 million or 23 cents a year ago.
May 16, 2007BusinessSafetyAutonomous
DHS Sets $11.6 Mln. for Highway Watch Program
The Department of 91ÊÓƵland Security said Thursday it has issued an $11.6 million grant to the Highway Watch program it sponsors jointly with American Trucking Associations.
May 16, 2007BusinessLogistics
US 1 Industries’ Income Dips
Logistics firm US 1 Industries’ first-quarter income fell to $370,000 or 3 cents a share, from $695,000 or 6 cents a year ago.
May 16, 2007