The House passed an extension to a federal highway bill through the end of September, setting the stage for negotiations with the Senate on a longer-term plan, the Associated Press reported.
April 19, 2012Business
Leading Economic Indicators Improve
An index of leading economic indicators rose in March for the sixth straight month, the New York-based Conference Board said Thursday.
April 19, 2012Business
Existing 窪蹋勛圖厙 Sales Fall for Third Time in Four Months
Existing home sales for March fell for the third time in four months, the National Association of Realtors said Thursday.
April 19, 2012Business
Philadelphia Manufacturing Growth Slows
An index of manufacturing activity in the Philadelphia region declined this month to its lowest level since January but continued to show expansion, the Federal Reserve Bank of Philadelphia said.
April 19, 2012Business
Jobless Claims Fall for Week
Initial jobless claims declined last week, but the previous weeks claims were revised upward, the Labor Department said Thursday.
April 19, 2012BusinessLogistics
More Carriers Using Brokers Than in 2011, TCP Study Says
About 33% of motor carriers used freight brokers in February to obtain higher-priced freight, a study from Transport Capital Partners said. During the same month in 2011, about 11% trucking companies turned to brokers.
April 19, 2012Business
Werners First-Quarter Profit Rises 30%
Werner Enterprises said its first-quarter profit rose 30% on more steady and balanced freight trends early this year.
April 18, 2012Business
Daimler Opens Truck Manufacturing Plant in India
CHENNAI, India Daimler A.G. officially opened its sprawling truck manufacturing plant here Wednesday to produce vehicles for its newest brand, BharatBenz, as the company looks to gain entry into Indias domestic market, the worlds fastest growing for trucks and buses.
April 18, 2012Business
Trucking Continues as Primary Freight Mode, ATA Report Says
Trucking continues to be the dominant U.S. mode of freight transportation, hauling 67% of freight last year, according to a new American Trucking Associations report.
April 18, 2012Business
Martens 1Q Profit Jumps 33%
Marten Transports first-quarter profit jumped 33% on higher logistics and truckload revenue.
April 18, 2012