U.S. intermodal traffic increased 3% for the week ended Saturday from a year ago, the Association of American Railroads reported.
December 16, 2011BusinessFuel
Diesel Drops to $3.894; Gas Price Down by 0.4瞽
U.S. diesel prices slipped 3.7 cents to $3.894 a gallon last week, the third straight weekly drop, the Department of Energy reported.
December 19, 2011Business
DOT Awards $511 Million for Transportation Projects
The Department of Transportation is awarding $511 million to fund 46 transportation projects in 33 states and Puerto Rico, Transportation Secretary Ray LaHood said.
December 16, 2011Business
Consumer Price Index Unchanged in November
The consumer price index was unchanged in November as gas prices dropped, the Labor Department said Friday.
December 16, 2011Business
YRC Sells Truckload Assets to Celadon
YRC Worldwide said late Thursday it has sold a significant portion of the assets of its truckload unit YRC Glen Moore to truckload carrier Celadon Group.
December 15, 2011Business
Rush Acquires West Texas Peterbilt
Rush Enterprises said it has acquired West Texas Peterbilt, a dealership with five locations in Texas, for $25 million.
December 15, 2011Business
FedExs 2Q Profit Jumps on Higher Deliveries
FedEx Corp.s fiscal second-quarter profit nearly doubled, boosted by higher holiday-season sales, and the company said it will purchase 27 new jets for its FedEx Express service in the next few years.
December 15, 2011Business
Senate Committee Advances Freight Policy Measure
A Senate panel approved measures that would create the nations first freight policy act, under which investment would be targeted to freight projects that increase economic competitiveness, improve mobility and promote energy conservation.
December 15, 2011BusinessEquipment
Philadelphia Manufacturing Index Rises
Manufacturing activity in the Philadelphia region increased in December, the Federal Reserve Bank of Philadelphia said Thursday.
December 15, 2011Business
Industrial Production Declines in November
Industrial production slipped 0.2% in November, the first decline in seven months, the Federal Reserve said Thursday.
December 15, 2011