Intermodal traffic climbed 1% last week on higher container traffic, the Association of American Railroads reported.
August 26, 2011Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Consumer Confidence Falls in August
Consumer confidence dropped in August to its lowest level since November 2008, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
August 26, 2011TMSi Logistics Buys Griffin Global
TMSi Logistics, Portsmouth, N.H., said it has acquired Reno, Nev.-based Griffin Global Logistics Inc. for an undisclosed sum.
August 26, 2011Pitney Bowes Beefs Up SendSuite
Pitney Bowes said it has made some enhancements to its SendSuite Live logistics software.
August 26, 2011Weekly Intermodal Traffic Rises 1%
Rep. Mica to Support Extension of Transportation Spending Plan, Aide Says
Rep. John Mica (R-Fla.), chairman of the House Transportation and Infrastructure Committee, will support a temporary extension of the nation’s transportation spending plan when Congress returns to Washington next month, an aide said.
August 25, 2011UPS to Purchase 100 All-Electric Vehicles
UPS announced it will purchase 100 all-electric delivery vehicles to replace older generation diesel trucks in the company's fleet.
August 25, 2011FMCSA Announces $8 Mln. to Improve Pennsylvania Truck and Bus Safety
The Federal Motor Carrier Safety Administration on Thursday announced more than $8 million in federal grants aimed at improving commercial truck and bus safety in Pennsylvania.
August 25, 2011Initial Jobless Claims Rise 5,000 for Week
Initial jobless claims increased by 5,000 last week to 417,000, the Labor Department said Thursday.
August 25, 2011Firms to Invest $150 Mln. in Clean Energy for Natural Gas Fueling Stations
Three investment firms have agreed to invest $150 million in Clean Energy Fuels Corp. to support its efforts to develop natural gas fueling infrastructure in North America, the company announced Thursday.
August 25, 2011Barber appointed president of UPS Europe
UPS has appointed Jim Barber its new president of the UPS Europe region with responsibility for Europe, the Middle East and Africa.
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