U.S. intermodal traffic rose 3.1% last week over the same week a year ago, the Association of American Railroads reported.
September 14, 2012BusinessGovernment
Consumer Price Index Rises 0.6%
The consumer price index rose in August 0.6%, the most since June 2009, the Labor Department said Friday.
September 14, 2012BusinessLogistics
Rising Sun Systems Acquires Freight Brokerage Firm
Private holding company Rising Sun Systems said Thursday it has acquired freight broker Network FOB, Naples, Fla., which operates a network of independent freight agents across the U.S. and Canada. Terms were not disclosed.
September 13, 2012Business
R.R. Donnelley Acquires Express Postal
Printing and mailing company R.R. Donnelley & Sons said it has acquired Express Postal Options International. Terms were not disclosed.
September 13, 2012BusinessGovernment
DOT Freight Transportation Index Rises 1.9%
The Department of Transportation’s freight transportation services index rose 1.9% in July from the same month last year, DOT said Thursday.
September 13, 2012Business
Ryder’s Christopher Barnett Wins TMC’s SuperTech Competition
PITTSBURGH — Christopher Barnett, a technician with Ryder System Inc., won the title of SuperTech grand champion this week, with a consistently strong performance as he navigated a written test and 17 diverse hands-on skills stations designed to challenge the nation’s top truck technicians.
September 13, 2012Business
Producer Price Index Rises 1.7%
Prices paid to U.S. producers rose 1.7% in August, reflecting an increase in energy costs, the Labor Department said Thursday.
September 13, 2012Business
Initial Jobless Claims Rise for Week
Initial jobless claims rose last week in the biggest gain in two months, the Labor Department said Thursday.
September 13, 2012BusinessFuel
DOE Boosts 2012 Diesel Forecast by 12¢, to $3.96 a Gallon
Diesel will average $3.96 this year, the Department of Energy said, boosting its most recent forecast by 12 cents on projected higher crude oil prices.
September 13, 2012Business
Driver Turnover Rate Surges Past 100% at Large Truckload Fleets
The annual driver turnover rate surged in the second quarter, breaking the 100% barrier at large truckload fleets for the first time in more than four years, American Trucking Associations said Wednesday.
September 12, 2012