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ISM Index Shows Manufacturing Growth
The Institute for Supply Management said its factory index rose to 56.2 in June, up from 55.7 in May. The rise in the index indicates more rapid expansion in the manufacturing sector.
July 1, 2002
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
CSX Taking Truck Cargo Off Web Freight Boards
Railroad company CSX Corp. has found a new source of freight for its intermodal arm, CSX Intermodal. As part of an effort to develop new business, CSXI employees are surfing Internet freight-matching boards to pick off truckloads brokers post for highway moves.
July 1, 2002News Briefs - July 1
Port Talks Seen Continuing Past Deadline • W.Va. Gov. Wise Receives Coal Truck Recommendations • Economists Upbeat on Economy, Journal Poll Finds • U.S., Amtrak Agree on Deal to Keep Running • And more...
July 1, 2002Diesel Price Rises 0.8 Cent to $1.289
The price of diesel fuel edged higher for the second week in a row, the U.S. Department of Energy said Monday, rising 0.8 cent per gallon to a nationwide average of $1.289.
July 1, 2002Domestic Air Cargo Rises Again in May
Airplane loadings of domestic cargo rose in May to 927,397 revenue ton miles, a 3.4% increase from May 2001, the Air Transport Association said Monday.
July 1, 2002U. of Mich. Sentiment Index Dips in June
In the final revision of its consumer sentiment index, the University of Michigan said Friday that U.S. consumers felt slightly worse about the economy in June than they did in May.
June 28, 2002Caterpillar Submits Engine for Approval
Caterpillar Inc. said Thursday that it has submitted an engine design to the Environmental Protection Agency for approval under new emissions guidelines that are set to take effect this fall.
June 28, 2002Talks Go Down to the Wire in West Coast Port Dispute
Contract talks between West Coast port operators and longshoremen went nowhere this week, both sides said as their old contract neared its July 1 expiration.
June 28, 2002News Briefs - June 28
TRALA Claims EPA Misrepresented Position • Hutchison Suggests Amtrak Haul More Freight • Atlas Air, Union Reach Contract Deal • Personal Spending Down 0.1% in May • And more...
June 28, 2002Corridor Study Slated for Summer Senate Vote
A federal Ports to Plains Corridor feasibility study — to determine whether to develop a four-lane highway corridor from existing roadways to run between Laredo, Texas, and Denver for increased truck and passenger vehicles to and from the U.S.-Mexico border — is on track for full Senate approval this summer, said a Senate aide.
June 28, 2002