Rail and intermodal traffic both declined for the week ended June 28 compared with a year ago, the Association of American Railroads said.
July 7, 2008Trucking 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.
Rail, Intermodal Traffic Fall for Week
Employment Index Declines, Conference Board Says
An employment trends index declined in June, the New York-based Conference Board said Monday.
July 7, 2008First Atlantic Hurricane Forms; Unlikely to Affect Gulf Oil Platforms
The first hurricane of the Atlantic hurricane season formed Monday, but forecasts put it on a track that would not affect Gulf of Mexico oil platforms, the Associated Press reported.
July 7, 2008Oil Dips Following Record High
Oil fell in early trading from last week’s record high, but its continued climb has prompted some analysts to predict the price could jump to $200 a barrel this year, the Wall Street Journal reported Monday.
July 7, 2008Editorial: Good News, Relatively Speaking
At a time when good news is in notably short supply, it’s nice to be able to report several positive stories on this week’s front page.
July 7, 2008May Truck Tonnage Rises 3.3%
U.S. truck tonnage grew by 3.3% in May — the seventh straight monthly increase — according to a preliminary report from American Trucking Associations.
July 7, 2008CVSA Finds Fewer Violations During Annual Roadcheck
The Commercial Vehicle Safety Alliance said 23.9% of the 52,345 vehicles that underwent comprehensive inspections during Roadcheck last month were placed out of service, the lowest percentage in the program’s 21-year history.
July 7, 2008Navistar Returns to NYSE; Posts $162 Mln. First-Half Profit
After a notable hiatus, truck maker Navistar International Corp. has returned both to profitability and to the New York Stock Exchange.
July 7, 2008Diesel Dips for Week; Falls 7.8¢ in June
The average price of a gallon of retail diesel dipped 0.3 cent last week, to $4.645, making June only the second month so far in 2008 during which the average did not rise, the Department of Energy reported.
July 7, 2008Nokia Gets Antitrust Approval for Navteq Acquisition
Finnish mobile phone maker Nokia received European antitrust approval to complete its $8.1 billion purchase of Navteq Corp., a Chicago-based provider of digital maps for in-vehicle navigation systems.
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