Intermodal rail traffic fell 23.7% last week compared with the same week last year, the Association of American Railroads said.
July 17, 2009BusinessGovernmentSafetyLogistics
Opinion: The Fatigue Checklist — Scant Science
Get a group of truckers together anywhere in this country, and Minnesota’s “Fatigued Driving Evaluation Checklist” is bound to come up. The 75-item list gained national prominence when the Owner-Operator Independent Drivers Association sued the Minnesota State Patrol in federal court in an attempt to stop its use.
July 17, 2009Business
Oil Finishes Week Over $63 a Barrel
Oil rose more than $1 Friday and $4 for the week, topping $63 a barrel, Bloomberg reported.
July 17, 2009GovernmentBusiness
Senate Panel Passes 18-Month Highway Funding Extension
A Senate committee passed an 18-month extension to the federal highway-funding law, rejecting calls for a longer, more expensive plan, Bloomberg reported.
July 16, 2009BusinessGovernment
Philadelphia Manufacturing Index Falls
Manufacturing levels in the Philadelphia region slowed this month, the Federal Reserve Bank of Philadelphia said Thursday.
July 16, 2009Business
FedEx Sees ‘Flat’ Shipments in Fiscal 2010
FedEx Corp. predicted that shipping volumes will remain “relatively flat” in the fiscal year started last month amid “continued softness in demand,” Bloomberg reported.
July 16, 2009BusinessSafety
I-75 Stretch Closed Near Detroit Following Accident
A two-mile stretch of Interstate 75 is “indefinitely closed” in both directions near Detroit following a large but non-fatal accident involving a tanker truck Wednesday night, the Associated Press reported.
July 16, 2009BusinessTechnologyEquipmentSafety
Landstar’s 2Q Income Declines
Truckload carrier Landstar System said late Wednesday its second-quarter net income fell to $17.9 million, or 35 cents a share, from $29.8 million, or 56 cents, a year ago.
July 16, 2009Business
Initial Jobless Claims Fall for Week
Initial jobless claims fell by 47,000 last week to 522,000 from the week before, the Labor Department said Thursday.
July 16, 2009Business
USA Truck Reports 2Q Loss
Truckload carrier USA Truck reported a second-quarter loss of $1.1 million, or 11 cents per share, compared with net income of $2.1 million, or 21 cents, a year ago.
July 16, 2009