Intermodal traffic fell 14.7% for the week of April compared with the same week a year ago, the Association of American Railroads said.
April 10, 2009GovernmentBusinessSafety
Opinion: Improving Carrier Profits
Increasing operating costs, declining revenues and tighter budgets have forced less-than-truckload carriers, private fleets and small-parcel carriers to eliminate unnecessary expenses — once they figure out which expenses those are.
April 10, 2009Business
Oil Closes Above $52 a Barrel
Oil rose for a second day Thursday, rising almost $3 to close the trading day above $52 a barrel on the New York Mercantile Exchange, Bloomberg reported.
April 9, 2009Business
Navistar Withdraws Military-Vehicles Procurement Protest
Navistar International Corp. has withdrawn its protest over Pentagon procurement methods of buying all-terrain vehicles to be used by U.S. troops in Afghanistan, Bloomberg reported Thursday.
April 9, 2009BusinessLogistics
Obama Names Chuck Hurley to Head NHTSA
President Obama has named Chuck Hurley, the head of Mothers Against Drunk Driving, to lead the National Highway Traffic Safety Administration, the White House said on its Web site.
April 9, 2009BusinessGovernment
Import Prices Rise 0.5%
The price of goods imported to the United States rose 0.5% in March for the first increase in eight months, the Labor Department said Thursday.
April 9, 2009Business
Jobless Claims Fall for Week
Initial jobless claims fell by 20,000 last week but those collecting continuing claims reached another new record, the Labor Department said Thursday.
April 9, 2009BusinessGovernment
Wholesale Inventories Fall 1.5%
Wholesale inventories fell 1.5% in February, as sales at wholesalers fell for the first time in eight months, the Commerce Department said Wednesday.
April 8, 2009BusinessSafetyGovernment
DOT Freight Index Falls 6% in February
The Department of Transportation’s freight transportation services index fell 6% in February from a year earlier, its lowest level for the month of February in six years, DOT said Wednesday.
April 8, 2009BusinessSafetyGovernment
UPS Freight Expands North American Service
UPS Freight, the less-than-truckload unit of UPS Inc., said it will expand service to Mexico and include customs brokerage capabilities and a single invoicing for all services between the U.S., Canada and Mexico.
April 8, 2009