FedEx Corp. said Friday its less-than-truckload units will boost rates by 5.9%, effective Feb. 1.
January 15, 2010Government, Business, Safety
FedEx Sets 5.9% LTL Rate Hike
Government, Business, Logistics
UPS Adds New Service Parts Locations in China
UPS Inc. said that it will expand its global service parts logistics network by adding 101 new field stocking locations in China.
January 15, 2010Business, Government
Consumer Price Index Climbs in December
The consumer price index rose 0.1% in December, the Labor Department said Friday.
January 15, 2010Business, Government
New York Manufacturing Index Improves
Manufacturing activity in the New York region improved this month, the Federal Reserve Bank of New York said Friday.
January 15, 2010Business, Government, Safety, Logistics
Letters: Size & Weight, Carrier Rates
In the “Letters & Comments” section of your Jan. 4 issue, BNSF Railway Group Vice President Stephen Branscum sought to clarify a comment from a recent conference, published in a story in Transport Topics. In his letter, he cited as accurate “BNSF’s willingness to work with shippers and American Trucking Associations to develop progressive.
January 15, 2010Business, Fuel, Government, Safety
FedEx Expands Air Fleet in China
FedEx Corp. is expanding its air fleet in China because that country will lead a global rebound in air cargo traffic, Bloomberg reported.
January 14, 2010Business, Government
Retail Sales Slip 0.3% in December
Retail sales fell 0.3% in December, though November’s sales were revised upward, the Commerce Department said Thursday.
January 14, 2010Business, Government
Business Inventories Rise 0.4%
Business inventories rose in November, the second consecutive increase, the Commerce Department said Thursday.
January 14, 2010Business, Government
Import Prices Unchanged in December
The price of goods imported to the United States did not change between November and December after four months of increases, the Labor Department said Thursday.
January 14, 2010Business, Safety, Government
Transport Activity Improving Slightly, Fed Says
The U.S. economy continued to improve modestly from mid-November to early January and conditions have improved for transportation, but economic activity remained low, the Federal Reserve said Wednesday.
January 13, 2010