U.S. intermodal rail traffic dropped 3.6% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.
January 15, 2010GovernmentBusinessLogistics
UPS Adds New Service Parts Locations in China
UPS Inc. said that it will expand its global service parts logistics network by adding 101 new field stocking locations in China.
January 15, 2010BusinessTechnologyLogistics
BlueGrace Logistics Launches iPhone App for Shipping Quotes
BlueGrace Logistics said that it has launched an iPhone application for calculating shipping quotes from multiple carriers.
January 15, 2010Business
Industrial Production Rises 0.6%
Industrial production increased 0.6% in December, the Federal Reserve said Friday.
January 15, 2010BusinessGovernment
Consumer Price Index Climbs in December
The consumer price index rose 0.1% in December, the Labor Department said Friday.
January 15, 2010BusinessGovernment
New York Manufacturing Index Improves
Manufacturing activity in the New York region improved this month, the Federal Reserve Bank of New York said Friday.
January 15, 2010BusinessGovernmentSafetyLogistics
Letters: Size & Weight, Carrier Rates
In the Letters & Comments section of your Jan. 4 issue, BNSF Railway Group Vice President Stephen Branscum sought to clarify a comment from a recent conference, published in a story in Transport Topics. In his letter, he cited as accurate BNSFs willingness to work with shippers and American Trucking Associations to develop progressive.
January 15, 2010BusinessFuelGovernmentSafety
FedEx Expands Air Fleet in China
FedEx Corp. is expanding its air fleet in China because that country will lead a global rebound in air cargo traffic, Bloomberg reported.
January 14, 2010Business
Oil Holds Under $80 a Barrel
Oil closed below $80 a barrel for a second straight day Thursday, continuing a downward trend this week following reports showing lower retail sales in December and higher jobless claims last week, Bloomberg reported.
January 14, 2010BusinessLogistics
RoadLink Names New President
Intermodal logistics company RoadLink has named Michael Shelton as its new president, the company said Thursday.
January 14, 2010