U.S. intermodal traffic rose 2.5% last week over the same week a year ago, the Association of American Railroads reported.
October 5, 2012Business
Unemployment Rate Drops to 7.8%; Trucking Adds 700 Jobs
The U.S. unemployment rate fell to 7.8% in September, the lowest since January 2009, from 8.1% in August as employers added 114,000 people to payrolls including 700 in the trucking industry, the Labor Department reported Friday.
October 5, 2012Special CoverageBusiness
Trucking Leaders Gather in Las Vegas as ATA Hosts Its Annual Convention
Trucking industry leaders will gather this week at American Trucking Associations’ Management Conference & Exhibition to discuss recent accomplishments and prepare for the challenges of the upcoming year.
October 5, 2012BusinessFuel
U.S. Firms Eye More Natural Gas Exports, Journal Reports
With natural gas use increasing as a transportation fuel, energy companies are moving to export more of the fuel from the United States as they search for more profitable markets, the Wall Street Journal reported Friday.
October 5, 2012Special CoverageBusiness
ATA Unveils Highlights of Annual Conference
American Trucking Associations unveiled several spotlight events of its 2012 Management Conference & Exhibition, scheduled for Oct. 7-10 in Las Vegas.
October 5, 2012BusinessLogistics
XPO Logistics Raises Funds, Says Results to Lag Forecasts
XPO Logistics, which recently completed $125 million in additional financing, said that its third-quarter results will not match analysts’ expectations.
October 4, 2012BusinessFuel
UPS to Deploy 40 Hydraulic Hybrid Vehicles
UPS Inc. announced the deployment of 40 new hydraulic hybrid package cars.
October 4, 2012Business
Auto Sales Reach Four-Year High
Automakers sold cars and light trucks at the highest pace in more than four years in September, Bloomberg reported.
October 4, 2012Business
Factory Orders Drop in August
Factory orders dropped 5.2% in August, the biggest decrease since January 2009, the Commerce Department said Thursday.
October 4, 2012Business
Initial Jobless Claims Rise for Week
Initial jobless claims increased by 4,000 last week, the Labor Department said Thursday.
October 4, 2012