Intermodal rail traffic increased 19.2% last week compared with a year ago, the Association of American Railroads said.
July 30, 2010Trucking 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.
PHMSA Seeks to Eliminate Requirements for Special Permits to Haul Certain Hazmats
The Pipeline and Hazardous Materials Safety Administration has proposed a rule that would eliminate requirements for special permits to haul some hazmats, ranging from liquefied petroleum gas to anhydrous ammonia fertilizers.
August 2, 2010New Bill Offers $64,000 Rebate for Natural-Gas Class 8 Trucks
Senate Democrats introduced legislation last week that would provide truckers rebates of $64,000 for every natural-gas Class 8 truck put into service by 2013.
August 2, 2010Senate Bill Would Require DOT to Issue Plan to Resolve U.S.-Mexico Trucking Impasse
The Obama administration must produce a plan to solve the ongoing border trucking dispute with Mexico by October, under a provision inserted in the Transportation Department’s 2011 budget.
August 2, 2010Diesel Increases 2¢ to $2.919
The U.S. retail diesel average price reversed course last week, rising 2 cents a gallon to $2.919 after dropping 6.2 cents over the previous four weeks, the Department of Energy reported.
August 2, 2010Consumer Confidence Falls in July
Consumer confidence fell this month to the lowest level since November, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.
July 30, 2010Intermec’s Second-Quarter Loss Narrows
Supply chain technology firm Intermec Inc. said its second-quarter net earnings loss was $2.7 million, or 4 cents per share, compared with a loss of $6.5 million, or 11 cents, a year ago.
July 30, 2010Chicago Manufacturing Index Rises in July
Manufacturing activity in the Chicago region grew in July, showing expansion for the tenth straight month, the Institute for Supply Chain Management-Chicago said Friday.
July 30, 2010Second-Quarter GDP Grows 2.4%
The U.S. gross domestic product rose at a 2.4% annual rate in the second quarter, the Commerce Department said Friday.
July 30, 2010Intermodal Traffic Rises for Week
Universal Truckload’s 2Q Income Increases
Universal Truckload Services’ second-quarter profit rose to $4.6 million, or 29 cents per share, from $1.3 million, or 8 cents, a year ago.
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