U.S. truck tonnage fell 7.5% in August from the same month last year, the best year-to-year showing since November 2008, American Trucking Associations said Friday.
September 25, 2009Business
FedEx Freight Pres. Duncan Resigns
Douglas Duncan, the well-known industry executive who heads FedEx Freight the second-largest less-than-truckload carrier will retire from the company he has led since it was created in 2001, FedEx Corp. announced.
September 28, 2009Business, Fuel, Government
Diesel Price Dips 1.2瞽 to $2.622; Report Shows Ample Supplies
U.S. retail fuel price averages continued their slow downward drifts last week, the Department of Energy said, as diesel dipped for the third consecutive time.
September 28, 2009Business, Government, Logistics
Logistics Experts See Manufacturing Shift
CHICAGO An increase in manufacturing activity in Mexico along with a pullback in outsourcing to China could lead to fundamental change in the flow of freight in North America, a logistics industry researcher said here.
September 28, 2009Business, Government, Safety
Study Sees $4.8 Bln. Cost from Mexican Truck Ban
The United States failure to open its borders to Mexican trucks has cost the country roughly $4.8 billion, according to a new report by the U.S. Chamber of Commerce.
September 28, 2009Business, Safety
Truck Tonnage Sees Smallest Drop Since November
Business, Government
New 窪蹋勛圖厙 Sales Show Slight Gain
New home sales rose 0.7% in August, the Commerce Department said Friday.
September 25, 2009Business, Government
Consumer Confidence Improves in September
U.S. consumer confidence improved in September, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
September 25, 2009Business, Safety, Government
Rail, Intermodal Traffic Fall for Week
Intermodal rail traffic in the United States fell 12.4% last week from the same week a year ago, the Association of American Railroads said in its weekly report.
September 25, 2009Business
Velocity Express Sets Restructuring Plan
Velocity Express Corp. said Thursday it has set an agreement with private equity firm ComVest Investment Partners III, in which a unit of ComVest would become a majority owner of the package delivery firm.
September 25, 2009Business
House Approves Three-Month Highway Funding Extension
The House of Representatives this week approved a three-month extension of the federal highway funding law.
September 25, 2009