U.S. intermodal rail traffic increased 17.9% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.
March 11, 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.
Weekly Intermodal Traffic Improves
Traffic Fatalities Reach Record Low, DOT Says
The Department of Transportation said Thursday that the number of overall traffic fatalities reported at the end of 2009 reached the lowest level since 1954, declining for the 15th consecutive quarter.
March 11, 2010U.S. Trade Gap Declines
The U.S. trade deficit declined in January as demand for oil and foreign automobiles declined, the Commerce Department said Thursday.
March 11, 2010Initial Jobless Claims Fall for Week
Initial jobless claims fell 6,000 last week, the second straight decline, the Labor Department said Thursday.
March 11, 2010DOT Freight Index Falls in January
The Department of Transportation’s freight transportation services index for January fell 1.3% from a year earlier but rose from December, DOT said.
March 10, 2010Navistar’s 1Q Profit Declines
Navistar International Corp. said its first-quarter profit fell to $17 million, or 23 cents per share, from $234 million, or $3.27, a year ago.
March 10, 2010Opinion: Heavier Trucks Deliver Safer, Greener Future
The shipping industry in the United States has the opportunity in the next 18 months to dramatically improve its efficiency and ability to compete in the global economy.
March 10, 2010Daimler’s Renschler Says Global Truck Market Recovering Slowly
The head of Daimler AG’s truck unit said worldwide truck demand may take several more years to return to pre-recession levels, Bloomberg reported Wednesday.
March 10, 2010Wholesale Inventories Fall 0.2%
Wholesale inventories fell 0.2% in January, the Commerce Department said Wednesday.
March 10, 2010DOE Sees Diesel Climbing Toward $3 a Gallon
Diesel will average $2.96 a gallon this year and $3.14 in 2011, the Department of Energy said, about in line with a previous forecast.
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