Intermodal rail traffic continued its upward trend last week, the Association of American Railroads said Thursday.
June 17, 2010Business
Opinion: Driver Retention Is Not That Easy
Treat drivers with respect” is advice many self-proclaimed retention experts offer as the sole solution to high driver turnover. That’s like advising carriers not to lower their rates during a recession: It’s just not that easy.
June 18, 2010Government, Business, Technology, Equipment
OOIDA Plans EOBR Rule Challenge
The Owner-Operator Independent Drivers Association filed notice that it will challenge a new federal rule requiring fleets with poor hours-of-service records to use electronic onboard recorders to monitor drivers.
June 18, 2010Business, Safety
Intermodal Traffic Rises for Week
Business, Government
Oil Slips from One-Month High But Remains Over $77 a Barrel
Oil slipped early Thursday from a one-month high but remained over $77 a barrel, Bloomberg reported.
June 17, 2010Business, Equipment
Philadelphia Factory Index Declines
Manufacturing levels in the Philadelphia region declined in June but showed expansion, the Federal Reserve Bank of Philadelphia said Thursday.
June 17, 2010Government, Business
Leading Economic Indicators Show Improvement
An index of leading economic indicators rose 0.4% in May, the New York-based Conference Board said Thursday.
June 17, 2010Business
Consumer Price Index Falls in April
The consumer price index decreased for the second consecutive month, declining 0.2% in May, the Labor Department said Thursday.
June 17, 2010Business
Initial Jobless Claims Rise for Week
Initial jobless claims rose 12,000 last week, the Labor Department said Thursday.
June 17, 2010Business
FedEx’s 4Q Profit, Revenue Improve
FedEx Corp.’s fourth-quarter profit increased from a year ago on higher package volume and an improving economy, the company said Wednesday.
June 16, 2010Business
Industrial Production Takes Biggest Gain Since August
Industrial production rose 1.2% in May, marking the biggest gain in nine months, led by automobiles and utilities, the Federal Reserve said Wednesday.
June 16, 2010