Rail and intermodal traffic continued their weeks-long decline last week, the Association of American Railroads said.
February 27, 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.
Fourth-Quarter GDP Declines 6.2%
The U.S. economy contracted 6.2% in the fourth quarter of 2008, the largest contraction since 1982, the Commerce Department said Friday in its second of three estimates.
February 27, 2009Rail, Intermodal Traffic Continue to Fall
Schneider National Revenue Grows
Scheinder National posted revenues of $3.7 billion in 2008, compared to $3.4 billion in 2007, the company said Thursday.
February 26, 2009Napolitano: ºÚÁϳԹÏÍøland Security Can’t Screen All Cargo by 2012
ºÚÁϳԹÏÍøland Security Secretary Janet Napolitano told lawmakers Wednesday that her agency won’t be able to screen all port cargo for radiological and nuclear threats by 2012, the Associated Press reported.
February 26, 2009Jobless Claims Jump for Week
Initial jobless claims rose last week last week and continuing claims reached a new record the previous week, the Labor Department said Thursday.
February 26, 2009ATA Unveils New Image Trailer
American Trucking Associations said Thursday it was unveiling a new trailer for use in its image and outreach programs.
February 26, 2009Durable Goods Fall for Sixth Month
Durable goods orders fell for a sixth straight month in January, the Commerce Department said Thursday.
February 26, 2009New York City to Close Sections of Broadway
New York City officials plan to close to traffic seven midtown blocks of Broadway in Manhattan, Bloomberg News reported Thursday.
February 26, 2009New ºÚÁϳԹÏÍø Sales Fall 10% to Lowest Level on Record
January new home sales fell to the lowest level on record, the Commerce Department said Thursday.
February 26, 2009Obama Urges Cap-and-Trade Legislation
President Obama urged Congress Tuesday night to pass legislation to implement a cap-and-trade program to regulate carbon pollution in the United States, Agence France-Presse reported.
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