U.S. intermodal rail traffic rose 0.5% last week compared with the same week last year, the Association of American Railroads said.
February 19, 2010Business, Logistics
Heineken USA Picks Coyote Logistics to Manage Freight From Six Locations
Heineken USA said it has chosen Coyote Logistics LLC to manage outbound shipments of three popular brands from the Dutch brewer’s distribution centers.
February 19, 2010Business, Government, Safety, Logistics
Opinion: Medical Exam Changes to Affect Carriers
The final rule for the Federal Motor Carrier Safety Administration’s National Registry of Certified Medical Examiners is expected late this summer and is causing concern about rising prices and availability among drivers and motor carriers.
February 19, 2010Business, Government
Consumer Price Index Grows in January
The consumer price index rose 0.2% in January, the fifth consecutive increase, the Labor Department said Friday.
February 19, 2010Business, Safety
Intermodal Traffic Increases for Week
Business, Fuel
Oil Rises to Five-Week High
Crude oil rose Thursday to its highest level since Jan. 14, Bloomberg reported.
February 18, 2010Business, Safety, Government
DOT Freight Index Falls in December
The Department of Transportation’s freight transportation services index for December fell 4.1% from a year earlier but did not change from November, DOT said Thursday.
February 18, 2010Business
Commercial Vehicle Group Narrows 4Q Loss
Parts maker Commercial Vehicle Group announced it lost $23.7 million, or $1.08 per share, in the fourth quarter, compared with $207.7 million, or $9.57 cents, the previous year.
February 18, 2010Business, Government
Philadelphia Factory Index Grows
Manufacturing levels in the Philadelphia expanded in February at a highest pace in more than five years, the Federal Reserve Bank of Philadelphia said Thursday.
February 18, 2010Business, Government
Leading Economic Indicators Gain 0.3%
An index of leading economic indicators improved for a tenth straight month in January, the New York-based Conference Board said Thursday.
February 18, 2010Business, Autonomous
Daimler Loses $478 Mln. in 4Q
Daimler AG said Thursday that it lost $478 million (352 million euros) in the fourth quarter and that it plans to cancel its annual dividend, Bloomberg reported.
February 18, 2010