Rail intermodal traffic fell 1.1% for the week ended Saturday compared with the same week last year, the Association of American Railroads said.
May 22, 2008Business, Logistics
Existing ºÚÁϳԹÏÍø Sales Fall 1% in April
Existing homes sales fell 1% in April, the National Association of Realtors said Friday.
May 23, 2008Business, Government
N.J. Port Trucking Group Backs Toll, Tax Hikes
A group that represents truckers at the Port of New York/New Jersey is backing a proposal to raise tolls and the gasoline tax in the state, the Associated Press reported.
May 23, 2008Business
Navistar Suspending Production at Pickup-Engine Plant
Navistar International Corp. said it is suspending production at its Indianapolis engine plant beginning starting Friday for at least eight weeks because of Ford Motor Co.’s cutback in pickup truck production.
May 23, 2008Business, Safety
Memorial Day Weekend Travel to Drop, AAA Says
The number of Americans traveling by automobile more than 50 miles will fall by 1% Memorial Day weekend, the first such drop in six years, the motorist group AAA said.
May 22, 2008Business
Hurricane Forecast Predicts Up to 9 Storms
This year’s Atlantic hurricane season may be more active than usual, with as many as nine storms, which could include five major hurricanes, Bloomberg reported Thursday.
May 22, 2008Business, Safety
Intermodal Traffic Falls 1.1%
Business, Safety, Government
TTNews.com to Close for Memorial Day
Transport Topics Online will be closed Monday, May 25, for Memorial Day. Please check back on Tuesday, May 26, for the latest trucking and freight transportation news.
May 22, 2008Business, Safety
Ford Plans North American Production Cuts
Ford Motor Co. said Thursday it will cut North American vehicle production for the rest of this year and that it expects to break even next year, delaying a previous profit target, Bloomberg reported.
May 22, 2008Business, Fuel
Oil Pulls Back After Topping $135 a Barrel
Crude oil fell from a record high of more than $135 a barrel Thursday, as a Congressional panel grilled oil executives for a second day in Washington, Bloomberg reported.
May 22, 2008Business
Jobless Claims Fall 9,000 for Week
Initial jobless claims fell by 9,000 last week, the Labor Department said Thursday.
May 22, 2008