Intermodal rail traffic in the United States fell 15.6% last week from the same week a year ago, the Association of American Railroads said in its weekly report.
September 4, 2009Business, Logistics
Union Pacific Building New Intermodal, Logistics Terminal
Union Pacific Corp. said its new Joliet (Ill.) Intermodal Terminal will support customer growth by boosting international and domestic container capacity and improving rail traffic efficiencies in the Chicago area, the nation’s largest rail center.
September 4, 2009Business
Unemployment Rate Hits 9.7% in Highest Level Since 1983
The U.S. unemployment rate rose to 9.7% in August, the highest rate since 1983, the Labor Department said Friday.
September 4, 2009Business, Safety, Government
Intermodal Traffic Falls for Week
Business, Government
Oil Falls Below $68 a Barrel
Oil prices fell to close below $68 a barrel Thursday on concerns over the economy, Bloomberg reported.
September 3, 2009Business, Safety, Government
DOT Inspector General Says More Needed on Mexican Truck Safety
The Department of Transportation said more work is needed to ensure the safety of Mexican trucks and buses awaiting permission to drive on U.S. roadways, the Associated Press reported.
September 3, 2009Business, Equipment
Daimler Sets Surcharges for 2010 Cummins Engines
Daimler Trucks North America said it will add a $9,000 surcharge to its 2010 trucks for customers who select independent manufacturer Cummins Inc.’s 2010 heavy-duty engine.
September 3, 2009Business, Safety, Government
ISM Services Index Improves in August
The economy’s service sector showed improved activity in August, the Institute for Supply Management said Thursday.
September 3, 2009Business
Initial Jobless Claims Fall for Week
Initial jobless claims declined 4,000 last week, the Labor Department said Thursday.
September 3, 2009Business, Government
July Factory Orders Rise 1.3%
Factory orders rose 1.3% in July, the fourth straight gain, the Commerce Department said.
September 2, 2009Government, Business, Safety
Second-Quarter Productivity Jumps 6.6%
U.S. workers’ productivity rose in the second at an annual rate of 6.4%, higher than previously reported, the Labor Department said Wednesday.
September 2, 2009