Intermodal rail traffic in the United States fell 25.8% last week from the same week a year ago, the Association of American Railroads said in its weekly report.
September 18, 2009Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Diesel Price Declines Again
The U.S. retail diesel average price fell 1.3 cents to $2.634 a gallon in its second consecutive post-Labor Day dip, the Department of Energy said last week.
September 21, 2009Chrysler’s Illinois Plant to Boost Output
Chrysler Group will add a second shift with about 850 workers at its Belvidere, Ill., plant to boost production of its Dodge Caliber crossover car, Bloomberg reported.
September 18, 2009Maine Using Cameras, Scales to Catch Weight Violators
The Maine Department of Transportation has installed cameras and scales in an attempt to catch weight violations in trucks that avoid a weigh station on Interstate 95, the Portsmouth (N.H.) Herald reported Friday.
September 18, 2009Schneider to Close Fueling, Maintenance Facilities in Wis., Ohio
Truckload carrier Schneider National will close fuel and maintenance centers in Wisconsin and Ohio, eliminating some jobs and relocating some employees, the Green Bay (Wis.) Press-Gazette reported.
September 18, 2009Opinion: How Accident Recorders Can Improve Driving
Those familiar with accident event recorders know this technology offers many valuable benefits for transportation operations. AERs, which record both video and audio when a driving incident occurs, can help to improve driver performance, reduce accidents and save lives. The technology also offers other significant, but less publicized, advantages such as decreased expenses and enhanced driver/management relationships.
September 18, 2009FedEx Reports $181 Million First-Quarter Profit
FedEx Corp. said Thursday it earned $181 million, or 58 cents a share, in its fiscal first quarter, down from a year ago but an improvement from a fourth-quarter loss.
September 17, 2009Philadelphia Factory Index Improves for Second Month
Manufacturing levels in the Philadelphia showed expansion for a second straight month in September, the Federal Reserve Bank of Philadelphia said Thursday.
September 17, 2009Dynamex’s Fourth-Quarter, Yearly Income Fall
Logistics and delivery firm Dynamex Inc.’s fiscal fourth-quarter profit fell to $1.8 million, or 18 cents a share, from $4.6 million, or 45 cents, a year ago.
September 17, 2009Initial Jobless Claims Drop for Week
Initial jobless claims fell by 12,000 last week to 545,000, the Labor Department said Thursday.
September 17, 2009Trending
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