Swift Transportation Co.鈥檚 first-quarter profit fell 74% because of a pending buyout, bad weather, higher fuel costs and lower demand.
April 19, 2007Search
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Air Cargo Shipments Fall 2.1%
Air cargo shipments fell 2.1% in March, the Air Transport Association said Monday.
May 7, 2007Forward Air鈥檚 Profit Dips
Forward Air Corp., a contractor to the air cargo industry, said its first-quarter profit slipped by 6% to $10.3 million or 34 cents a share, from $11 million or 35 cents a year ago.
April 24, 2007Truckers Concerned on New Engines鈥 Mileage, Journal Reports
Trucking companies are concerned that new emissions rules in effect this year are hurting mileage and their bottom lines, the Wall Street Journal reported Tuesday.
April 24, 2007Stricter Emission Rules Raise Costs, Freight, Shipping Executives Say
By Sean McNally, Senior Reporter
April 9, 2007Greenhouse Ruling Could Raise Costs
The Supreme Court鈥檚 ruling that the EPA must reconsider its position to leave 鈥済reenhouse gas鈥 emissions from motor vehicles unregulated could lead to increased costs for trucking companies.
April 9, 2007FedEx Buys Air Cargo Firm
FedEx Corp. said Friday that it signed an agreement to acquire Hungarian air cargo company Flying-Cargo Hungary Kft.
April 6, 2007Air Cargo Shipments Dip 0.6%
Air cargo shipments inched up 0.6% in February, the Air Transport Association said late Monday.
April 3, 2007Kitty Hawk鈥檚 4Q Earnings Increase
Air freight and cargo company Kitty Hawk Inc. said Tuesday it earned $8.3 million or 15 cents a share in the fourth quarter, compared with a loss of $4.1 million or 8 cents a year earlier.
April 3, 2007Supreme Court Calls for Review of Greenhouse Gas Rules
The Supreme Court Monday ordered the federal government to take a new look at regulating carbon dioxide emissions from vehicles, in a rebuke to the Bush administration鈥檚 policy on global warming, the Associated Press reported.
April 2, 2007