UPS Inc. said it has deployed 50 hybrid electric delivery trucks to its fleet in the Philadelphia area.
May 27, 2010BusinessFuelGovernmentLogistics
Expeditors Sees Air, Ocean Tonnage Increase
Logistics firm Expeditors International of Washington said airfreight tonnage has risen 40% in the first three months of 2010 compared to last year, the Associated Press reported.
May 28, 2010BusinessGovernmentLogistics
Consumer Confidence Rises in May
U.S. consumer confidence increased this month, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.
May 28, 2010Business
Chicago Manufacturing Shows Continued Expansion
Manufacturing activity in the Chicago region declined in May but showed expansion for an eighth straight month, the Institute for Supply Chain Management-Chicago said Friday.
May 28, 2010Business
Personal Spending Stalls in April
Consumer personal spending stalled in April, halting an eight-month run of increases, the Commerce Department said Friday.
May 28, 2010Business
Forecasters Predict Active Hurricane Season
Federal officials are forecasting an active Atlantic hurricane season this year, with 14 to 23 tropical storms, including eight to 14 hurricanes, the Associated Press reported
May 27, 2010BusinessLogistics
Intermodal Traffic Grows for Week
Intermodal rail traffic rose last week but at a slower pace than recent weeks, the Association of American Railroads said Thursday.
May 27, 2010Business
Jobless Claims Drop for Week
Initial jobless claims fell by 14,000 last week, the Labor Department said Thursday.
May 27, 2010BusinessFuel
Oil Takes Biggest Gain Since September
Oil rose almost $3 Wednesday to more than $71 a barrel — its biggest single-day gain since September — following several positive economic indicators, Bloomberg reported.
May 26, 2010Business
FHWA Launches Congestion-Tracking Tool
The Federal Highway Administration said it has launched a new tool that tracks traffic chokepoints based on data from trucks.
May 26, 2010