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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, 2006

Producer 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, 2006

ATA, 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, 2006

Target 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, 2006

ArvinMeritor 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, 2006

Diesel 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, 2006

ATA 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, 2006

Pacer 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, 2006

Transport 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, 2006

Rand 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