Intermodal rail traffic jumped 20.5% last week compared with a year ago, the Association of American Railroads said Thursday.
July 2, 2010Government, Business
Pa Lawmakers Move to Ban Indemnification Contracts
The Pennsylvania House has unanimously passed a bill that would ban indemnification contracts that some shippers and receivers force trucking firms to sign.
July 3, 2010Government, Business, Safety
Massachusetts, Iowa Enact Distracted Driving Laws
Massachusetts and Iowa enacted laws to combat distracted driving late last week, with Massachusetts Gov. Deval Patrick (D) signed legislation Friday outlawing texting while driving, making his the 29th state to outlaw the practice.
July 3, 2010Business, Logistics
Con-way, Caterpillar Units Expand Deal
Less-than-truckload carrier Con-way Freight said it won more business from Caterpillar Logistics Services.
July 2, 2010Business
Factory Orders Fall in May
U.S. factory orders declined 1.4% in April, the biggest drop since March 2009, the Commerce Department said Friday.
July 2, 2010Business
Unemployment Rate, Payrolls Fall in June
The U.S. unemployment rate dropped to 9.5% in June, though payrolls fell for the first time this year, the Labor Department said Friday.
July 2, 2010Business, Logistics
Intermodal Traffic Grows for Week
Business
Covenant Expects 2Q Profit
Covenant Transportation Group said Thursday it expects to report a second-quarter profit of 12 to 20 cents per share.
July 1, 2010Business
Initial Jobless Claims Increase for Week
Initial jobless claims rose 13,000 last week, the Labor Department said Thursday.
July 1, 2010Business, Equipment
ISM Factory Index Shows Expansion in June
U.S. manufacturing activity showed expansion in June for the 11th straight consecutive month but dropped from may, the Institute for Supply Management said Thursday.
July 1, 2010Business
Construction Spending Drops in May
Construction spending fell 0.2% in May, the first decline in three months, the Commerce Department said Thursday.
July 1, 2010