Rail and intermodal traffic both declined for the week ended Saturday compared with a year ago, the Association of American Railroads said.
August 8, 2008Government, Business, Safety
Productivity Rises 2.2% in Second Quarter
Second-quarter U.S. worker productivity rose 2.2%, the Labor Department said Friday.
August 8, 2008Business, Safety
Rail, Intermodal Traffic Fall for Week
Business
Quality Reports Second-Quarter Profit
Tank truck carrier Quality Distribution said its second-quarter net income was $400,000, or 2 cents a share, down from a profit of $2.3 million, or 12 cents, a year ago.
August 7, 2008Business, Safety, Government
Opinion: It’s Time to Reinvent Transportation
The consolidation trend in the truck transportation industry has been in progress for several years but, over the past five years, has accelerated rapidly.
August 7, 2008Business
Con-way Sets Multimodal Unit To Expand Truck Brokerage
Con-way, Inc. said it has formed a multimodal unit to focus on expanding truck brokerage and offer a broader range of services to its customers.
August 7, 2008Business, Safety
Navistar, American LaFrance Set Vocational Truck Venture
Truck and engine maker Navistar International Corp. said it will jointly develop and build cabover vocational trucks with American LaFrance LLC.
August 7, 2008Business
Jobless Claims Reach Six-Year High
Initial jobless claims rose last week to the highest level in six years, the Labor Department said Thursday.
August 7, 2008Business, Technology, Equipment, Safety
Ryder to Acquire Gordon Truck Leasing
Ryder System said late Wednesday it will acquire Philadelphia-based Gordon Truck Leasing. Terms were not disclosed.
August 7, 2008Business
Express-1 Reports Higher 2Q Earnings
Express-1 Expedited Solutions said Thursday its second-quarter earnings rose to $774,000, or 3 cents a share, from $754,000, or 2 cents, a year ago.
August 7, 2008Business
Postal Service Reports $1.1 Billion 3Q Loss
The U.S. Postal Service Wednesday reported a third-quarter loss of $1.1 billion, citing the ongoing U.S. economic slowdown.
August 6, 2008