Tank truck carrier Quality Distribution reported a first-quarter loss of $95,000 or zero cents a share, compared with earning $4.5 million or 23 cents a year ago.
May 8, 2007GovernmentBusinessTechnologyEquipmentSafety
Midwest Sees Extensive Flooding
Heavy rains from an already deadly storm system caused extensive floods in Missouri as Midwest waterways rose to levels not seen in 14 years, the Associated Press reported Tuesday.
May 8, 2007BusinessFuelGovernmentSafety
Atlas Air Turns 1Q Profit
Air cargo company Atlas Air Worldwide Holdings said it earned $6.2 million or 29 cents a share in the first quarter, turning around a loss of $3.7 million or 18 cents a year ago.
May 8, 2007BusinessFuelGovernmentSafety
Air Cargo Shipments Fall 2.1%
Air cargo shipments fell 2.1% in March, the Air Transport Association said Monday.
May 7, 2007BusinessSafety
March Truck Tonnage Rises 1.6%
After dropping for eight straight months, freight volumes rose 1.6% in March, American Trucking Associations said in a preliminary report.
May 7, 2007GovernmentBusinessSafetyFuel
Freightliner Sets New 鈥楥ascadia鈥 Truck
CHARLOTTE, N.C. 鈥斅 Freightliner Trucks last week introduced a new heavy-duty over-the-road truck called 鈥淐ascadia鈥 it said improves fuel efficiency by 3%.
May 7, 2007BusinessGovernmentSafetyFuel
Diesel Declines 4垄 to $2.811
Diesel fuel fell 4 cents a gallon to $2.811 last week, its second straight decline, while the gasoline average posted its largest gain in just over a year, the Energy Department said.
May 7, 2007BusinessSafetyGovernmentLogistics
Pacer鈥檚 Income Falls 41%
Transportation and third-party logistics firm Pacer International鈥檚 first-quarter net income plunged 41% to $14.4 million or 15 cents a share, from $24.4 million or 36 cents a year ago.
May 4, 2007