Surface trade among the United States, Canada and Mexico plunged 13.1% in December from a year earlier, to $52.9 billion, the Department of Transportation said Tuesday.
March 3, 2009Government, Business, Safety
U.S. Auto Sales Fall to 27-Year Low
February U.S. automobile sales fell to the lowest rate in more than 27 years, led by a 53% plunge for General Motors Corp., Bloomberg reported.
March 4, 2009Letters to the Editor, Business, Safety, Government, Fuel, Equipment
Letters: APU Market Slump, Fuel Prices, Execs vs. Dealers, E-Logs, Outrageous Terms
Your story on the demise of RigMaster comes as no surprise in a sector of the truck market that has seen a drastic downturn of new business, mostly exacerbated by tightening of credit markets (2-9, p. 4).
March 3, 2009Business, Safety, Government
December NAFTA Surface Trade Plunges 13.1%
Fuel, Business, Logistics
Diesel Drops to 4-Year Low; Gas Resumes Rise
Diesel fuel fell to a four-year low, dropping 4.3 cents to a national average of $2.087 a gallon, the Energy Department said.
March 3, 2009Business, Safety, Government
ISM Factory Index Shows Slight Increase
U.S. manufacturing activity showed a slight increase in January but still showed contraction, the Institute for Supply Management said.
March 3, 2009Business, Logistics
Estes Launches Mexican Logistics Subsidiary
Estes Express Lines said Tuesday that it has launched a Mexican third-party logistics subsidiary, Estes Logistica.
March 3, 2009Business, Safety, Technology, Government, Logistics
Medallion Logistics Is Created to Offer Trucking, Brokerage
Gary Weilheimer and Tom Tranovich, who have more than 40 years combined transportation experience, said they are opening linked non-asset-based businesses to serve the logistics industry.
March 3, 2009Government, Business
Construction Spending Falls 3.3%
Construction spending fell 3.3% in January, the Commerce Department said Monday.
March 3, 2009Government, Business
Personal Spending Rises After Six-Month Decline
Consumer personal spending rose in January for the first time in seven months, the Commerce Department said Monday.
March 3, 2009Business, Technology, Equipment, Safety
PeopleNet Rolls Out Tethered Trailer Tracking
PeopleNet, Chaska, Minn., said Feb. 24 it launched its tethered trailer-tracking system, known as Trailer ID.
March 3, 2009