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Existing Home Sales Decline
Existing homes sales fell to the lowest level in nine years in January, the National Association of Realtors said Monday.
Kenan Advantage to Buy Transport Service Co.
Kenan Advantage Group said it reached an agreement to purchase bulk hauler Transport Service Co. for an undisclosed sum.
TMW Reports Record Growth in 2007
Trucking software provider TMW Systems said 2007 was a record year for the company’s revenue, product releases, new customers and consecutive quarterly growth.
Universal Truckload's 4Q Earnings Slip
Universal Truckload Services, Warren, Mich., said it earned about $4.8 million, or 30 cents a share in the fourth quarter of 2007, down from $5.3 million, or 33 cents, in the previous quarter.
Connecticut Adds 'Truck Escape Ramp' to Route 44
Connecticut transportation officials announced the completion of a "truck escape ramp" on Route 44.
S&P Slashes YRC's Credit Rating
Credit rating agency Standard & Poor's on Thursday lowered YRC Worldwide's corporate credit rating to "BB" from "BB+," and said that the carrier's slumping earnings could hurt its ability to fulfill credit obligations if the current softness in the trucking industry persists.
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