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Logistics Firm EGL Inc. Reports 1Q Profit

Logistics firm EGL Inc. reported Tuesday net first-quarter income of $7.2 million or 14 cents a share, down slightly from $7.3 million or 15 cents last year.

May 10, 2005

Clarke Reports Smaller First-Quarter Profit

Canadian holding company Clarke Inc. reported first-quarter net income of about $1.6 million or 13 cents a share, compared with $4.4 million or 50 cents a year earlier.

May 10, 2005

USF Says Investor Firm Backs Yellow Roadway Deal

USF Corp. said Tuesday that Institutional Shareholder Services, an independent proxy advisory firm, recommended that USF鈥檚 stockholders vote in favor the amended merger agreement between USF and Yellow Roadway Corp.

May 10, 2005

U.S. to Spend Billions More to Beef Up Security, N.Y. Times Says

After spending $4.5 billion on screening devices, the Department of 91视频land Security will spend billions more to improve security at borders and ports, the New York Times reported.

May 10, 2005

UPS Plans Five New Air Freight Hubs

UPS Inc. said Tuesday it would build five regional U.S. air hubs to expand its air freight business.

May 10, 2005

Dart Transit Joins American Trucking Associations

Citing urgent issues that face the trucking industry, Dart Transit Co. said Monday it had joined American Trucking Associations, to support ATA initiatives on current and pending legislative issues.

May 9, 2005

Forward Air Corp. Founder to Step Down

Scott Niswonger, founder of Forward Air Corp., is leaving the trucking company to focus on his charitable work and other personal interests, the Associated Press reported.

May 9, 2005

UPS Adds Next-Generation Computers for Drivers

UPS Inc. said Monday its drivers would begin using a new generation of handheld computers that can 鈥渢alk鈥 with four different wireless communication systems to speed tracking information to customers.

May 9, 2005

Bush Nominates Hawley to Head TSA

Click here to write a Letter to the Editor. resident Bush nominated Edmund "Kip" Hawley on Friday to be the fourth head of the Transportation Security Administration in as many years, news services reported.

May 9, 2005

Lundberg: Average Gasoline Prices Fall 3 Cents a Gallon

The average price for all grades of gasoline fell 3 cents a gallon in the past two weeks to $2.24, according to the Lundberg survey of stations nationwide.

May 9, 2005

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