Retail sales improved for a sixth straight month in December, rising 0.6%, the Commerce Department said Friday.
January 14, 2011BusinessFuel
Diesel Average Rises to $3.333 in Sixth Consecutive Increase
The average price of a gallon of U.S. retail diesel rose by 0.2 cent last week to $3.333, the Department of Energy reported, while the regular gasoline price average climbed 1.9 cents to $3.089.
January 17, 2011BusinessSafetyGovernmentAutonomous
TTNews.com Closed Monday for Martin Luther King Day
Transport Topics Online will be closed Monday for the Martin Luther King Jr. Day holiday. Please check back on Tuesday, Jan. 18, for the latest trucking and freight transportation news.
January 14, 2011Business
Oil Finishes Week Over $91 a Barrel
Oil finished the week over $91 a barrel, up more than $3 from last Friday, Bloomberg reported.
January 14, 2011Business
Industrial Production Rises 0.8%
Industrial production rose 0.8% in December, the Federal Reserve said Friday.
January 14, 2011Business
Consumer Confidence Slips from Six-Month High
Consumer confidence slipped from a six-month high this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
January 14, 2011BusinessTechnology
C.R. England Intermodal Continues to Add Technology
Truckload carrier C.R. England said it is moving forward with more technology deployment in its intermodal unit, most recently by ordering more than 600 tracking modules for its fleet of refrigerated intermodal trailers and containers.
January 14, 2011BusinessGovernment
U.S. Warehouse Study Finds Wide Range of Operating Costs
U.S. warehouse operating costs last year varied widely, ranging from the most expensive in the San Jose, Calif., area to the lowest price in Sioux Falls, S.D., a new study found.
January 14, 2011BusinessLogistics
Intermodal Traffic Rises 8.6% for Week
Intermodal traffic rose 8.6% in the week ended Saturday compared with the first week of 2010, the Association of American Railroads reported.
January 14, 2011BusinessFuel
Fuel Economy, Driver Issues Lead Fleets to Automatic Transmissions, Study Finds
Concerns about fuel efficiency and the need to attract new drivers to the industry continue to put pressure on heavy- and medium-duty fleets in North America and Western Europe to adopt manual automated and fully automatic transmissions for their vehicles, according to a study from consulting firm Frost & Sullivan.
January 13, 2011