Intermodal traffic rose 0.6% for the week ended Saturday from a year ago, led by an increase in trailer traffic, the Association of American Railroads said.
September 16, 2011BusinessGovernmentLogistics
Consumer Confidence Improves
Consumer confidence rose this month from its lowest level in almost three years, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
September 16, 2011Business
Senate Approves Short-Term Highway-Funding Measure
The U.S. Senate approved a short-term extenstion of transportation funding that averts a shutdown of the Federal Aviation Administration and will provide continued funding for federal highway programs.
September 16, 2011Business
Western Star Predicts Its Market Share Will Double
PORTLAND, Ore. — Western Star expects to double its market share in the heavy-duty truck market by 2014, according to its general manager, Michael Jackson.
September 16, 2011PerspectiveBusiness
Opinion: Appreciating What We Take for Granted
In the United States, we have a tendency to take quite a bit for granted. We often gripe about mundane things like our kids’ sports schedules or running through the “Honey-do” list at home.
September 16, 2011Business
UPS Sees Higher Trucking Profits Ahead
UPS Inc. officials Thursday set ambitious financial targets based on profit growth of about 10% companywide, reiterated its adjusted 2011 earnings and said its trucking profits could double over the next three years.
September 15, 2011Business
Volvo’s August North American Deliveries Rise 57%
Volvo AB’s North American truck sales rose 57% in August from a year ago to 3,096 units, the company said Thursday.
September 15, 2011Business
Industrial Production Rises 0.2%
Industrial production increased for the fourth straight month, rising 0.2% in August, the Federal Reserve said Thursday.
September 15, 2011BusinessGovernment
Consumer Price Index Rises 0.4% in August
The consumer price index rose 0.4% in August as food, energy and housing costs increased, the Labor Department said Thursday.
September 15, 2011BusinessGovernment
N.Y. Manufacturing Index Contracts for Fourth Month
Manufacturing activity in the New York region contracted in September for the fourth straight month, the Federal Reserve Bank of New York said Thursday.
September 15, 2011