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Retail Sales Rise 0.1% in May, Commerce Reports
U.S. retail sales rose 0.1% in May, the Commerce Department said Tuesday.
June 13, 2006Producer Prices Rise 0.2%; ‘Core’ Rate Up More Than Forecast
The producer price index rose 0.2% in May, the Labor Department reported Tuesday, and the so-called "core" rate excluding food and energy rose more than forecast.
June 13, 2006ATA, TIA Offer Varying Models for Broker-Carrier Contracts
Unable to settle on a compromise, trade associations representing freight brokers and motor carriers are offering their respective industries competing models for business contracts governing relations be-tween their transport sectors.
June 13, 2006Target Logistics to Begin Trading on Amex Thursday
Freight forwarder Target Logistics’ stock will begin trading on the American Stock Exchange Thursday under the ticker symbol TLG, the company said Wednesday.
June 13, 2006ArvinMeritor Reaches Agreement With Ontario Plant Workers
Truck parts maker ArvinMeritor Inc. said it has reached an agreement with workers at the Ontario, Canada factory it locked them out of last week, Bloomberg reported.
June 13, 2006Diesel Continues Upward Track, Rising 2.8 Cents to $2.918
The national average price of diesel fuel rose 2.8 cents to $2.918 a gallon, the Department of Energy said Monday.
June 13, 2006ATA Is a Premier Sponsor of Interstates’ 50th Anniversary
American Trucking Associations is taking to the road this week as part of a cross-country convoy commemorating the 50th anniversary of the Interstate Highway System.
June 12, 2006Pacer Sets $60 Million Stock Buyback Program
Transportation and third-party logistics firm Pacer International said Monday that its board of directors authorized the purchase of up to $60 million of the company’s common stock.
June 12, 2006Transport Corp. of America to Boost Owner-Operator Pay
Truckload carrier Transport Corp. of America said late last week it is raising its pay for owner-operators beginning in phases on July 1.
June 12, 2006Rand McNally Module to Help Truckload Firms
An official with mapping company Rand McNally said the company has released a new module that allows truckload carriers to incorporate lane-rate data with route optimization software.
June 12, 2006