Intermodal traffic rose 18.1% last week from a year earlier, the Association of American Railroads said.
September 17, 2010Business, Logistics
Appeals Court Blocks Emissions Limits on Idling Trains
Air quality agencies tasked with reducing pollution in Southern California cannot impose emissions limits on idling trains, a federal appeals court ruled.
September 17, 2010Business, Government
Consumer Confidence Drops in September
Consumer confidence declined this month, according to the latest Thomson Reuters/University of Michigan monthly consumer sentiment index released Friday.
September 17, 2010Business, Logistics
Intermodal Traffic Improves in Holiday Week
Business
FedEx’s 1Q Income Jumps; Company Will Combine Freight, LTL Units In January
FedEx Corp.’s first-quarter earnings more than doubled and the company said it will combine its freight and less-than-truckload units in January.
September 16, 2010Business
UPS Sets New Ocean Service from Asia
UPS Inc. has launched a new ocean shipping service from Asia to the United for less-than-container loads it said will be 20% faster.
September 16, 2010Business, Government
Philadelphia Manufacturing Index Shrinks
Manufacturing levels in the Philadelphia region showed contraction for the second consecutive month, the Federal Reserve Bank of Philadelphia said Thursday.
September 16, 2010Business
New Jobless Claims Fall for Week
Initial jobless claims dropped by 3,000 last week to the lowest level in two months, the Labor Department said Thursday.
September 16, 2010Business, Government
Producer Price Index Rises for Second Straight Month
Prices paid to U.S. producers rose for the second consecutive month in August, the Labor Department said Thursday.
September 16, 2010Business, Fuel
Oil Falls to Near $76 a Barrel
Oil fell almost $1 to near $76 a barrel Wednesday, its biggest decline in two weeks, even as the Department of Energy reported that supplies declined last week.
September 15, 2010Business
Volvo’s North American Deliveries More Than Double in August
Volvo AB’s August North American heavy-duty truck sales jumped 151% from a year ago to 1,210 units, the company said Wednesday.
September 15, 2010