Parcel carrier UPS Inc. said Friday it would raise shipping rates for its air and ground services by nearly 5%, effective Dec. 31.
November 9, 2007Business
Intermodal Down 2.2% in 3Q; 07 Total May Lag Last Years
Intermodal freight volume declined by 2.2% during the third quarter, compared with last year, making it likely the sector will experience its first annual volume decline since 2001, according to the Intermodal Association of North America.
November 12, 2007GovernmentBusinessSafety
Bigger Ships to Bring Changes To Ports Container Handling
Sometime in the near future, a new generation of supersized containerships up to 50% larger than current vessels will make its first appearance on the East Coast of the United States.
November 12, 2007BusinessSafetyGovernment
TTNews.com to Close Tuesday for Veterans Day
Transport Topics Online will be closed Tuesday because of the Veterans Day holiday. Please check back on Wednesday, Nov. 12, for the latest trucking and freight transportation news.
November 10, 2007BusinessSafety
Intermodal Traffic Drops for Week
Rail traffic rose slightly, but intermodal traffic continued a downward trend in falling for the week ended Saturday from the same week last year, the Association of American Railroads said.
November 9, 2007BusinessSafetyGovernment
Legislators Preserve Language to Block Mexican Trucks in Spending Bill
Lawmakers preserved language in a transportation funding bill that would block a federal pilot program allowing Mexican trucking companies to operate inside the United States, news services reported Friday.
November 9, 2007BusinessFuelLogisticsGovernment
Editorial: Still Missing a National Fuel Policy
The fuel price spiral has resumed, sending diesel and crude oil costs to never-before-seen levels, even as the economy stumbles along and fleets grapple with declining freight levels in 10 of the past 12 months.
November 9, 2007BusinessGovernment
Fed Chief Warns on 4Q Slowdown
Federal Reserve Chairman Ben Bernanke said the U.S. economy is likely to slow noticeably this quarter while high commodity prices and a weaker dollar may stoke inflation for a time, Bloomberg News reported Thursday.
November 8, 2007Business
DHL's 3Q Profits Fall 35%
Deutsche Post AG, parent of DHL Americas, said its third-quarter profit fell 35% as declining U.S. shipping volumes cramped earnings at its DHL Express unit, Bloomberg News reported.
November 8, 2007Business
Jobless Claims Fall 13,000 for Week
Initial jobless claims fell by 13,000 last week to 317,000, the Labor Department said Thursday.
November 8, 2007