Intermodal rail traffic jumped 36.6% last week compared with a year ago, the Association of American Railroads said.
July 9, 2010Business
Wholesale Inventories Rise in May
Wholesale inventories rose 0.5% in May, while sales fell, the Commerce Department said Friday.
July 9, 2010Business, Government, Logistics
Clerks Strike at Ports of L.A., Long Beach
Officials with the Port of Los Angeles and Long Beach said shipping terminals were open and operating this week during negotiations between terminal operators and a striking shipping clerks union.
July 9, 2010Business, Logistics
Intermodal Traffic Jumps 36.6% for Week
Business, Logistics, Equipment
Great Dane President Phill Pines to Retire at End of Year
Great Dane Trailers president and chief operating officer Phill Pines will retire at the end of this year after more than 50 years in the trailer industry, the company said Thursday.
July 8, 2010Business
Maersk Raises Forecast as Container Demand Picks Up
A.P. Moeller-Maersk raised its profit forecast, saying its container line, the world’s largest, recovered faster than anticipated as freight prices have returned to levels before the global financial crisis, Bloomberg reported.
July 8, 2010Business
New Jobless Claims Fall 21,000 for Week
Initial jobless claims fell by 21,000 last week, the Labor Department said Thursday.
July 8, 2010Business
Opinion: How to Save on Workers’ Compensation
With the trucking industry slowly emerging from hard times at last, it ought to be unalloyed good news that motor carriers are reporting fewer workers’ compensation claims than before. Unfortunately, it is also true that both the average cost per claim and injury rate are higher for trucking than other industries.
July 8, 2010Fuel, Business
DOE Keeps 2010 Diesel Forecast Under $3 a Gallon
Diesel’s national retail price will average $2.98 a gallon this year, the Department of Energy said in boosting its most recent prediction by 2 cents.
July 8, 2010Business
Daimler, Unions Set Three-Year Pact at Portland Truck Plant
Daimler Trucks North America said it has reached new three-year collective bargaining agreements covering union workers at its truck plant in Portland, Ore.
July 7, 2010Business
Virginia Eyes Plans for Rest-Area Savings
Virginia Gov. Bob McDonnell (R) is seeking ideas on reducing costs at the state’s 41 rest areas and welcome centers, 19 of which were closed last summer, the Richmond Times-Dispatch reported Wednesday.
July 7, 2010