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This Week's Issue
TOP STORIES
Earnings Improve for 7 of 8 Publicly Traded Carriers
Seven of the eight publicly traded motor carriers that reported second-quarter earnings last week reinforced the trend of improved financial results driven by tight capacity, along with modest rate, volume and utilization improvements.

Cooperation Alters Operations Among Warehouse Users
For more than 15 years, Just Born Inc., the Pennsylvania candy maker of Peeps and of Mike and Ike, transported newly made confections from its Bethlehem plant to two warehouses 75 miles away.

UPS Earnings Soar 71% in 2Q; Firm Upbeat for Second Half
UPS Inc. “fired on all cylinders” in the second quarter, boosting profits and firming rates, despite spottiness in the global economic recovery, Chief Executive Officer Scott Davis said July 22.


GOVERNMENT NEWS

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Tom Biery/Trans Pixs
Intermodal Traffic Rises for Week
Intermodal rail traffic increased 19.2% last week compared with a year ago, the Association of American Railroads said.

Consumer Confidence Falls in July
Consumer confidence fell this month to the lowest level since November, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.

Intermec’s Second-Quarter Loss Narrows
Supply chain technology firm Intermec Inc. said its second-quarter net earnings loss was $2.7 million, or 4 cents per share, compared with a loss of $6.5 million, or 11 cents, a year ago.

 
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