Intermodal rail traffic in the United States fell 12.4% last week from the same week a year ago, the Association of American Railroads said in its weekly report.
September 25, 2009Business, Government, Logistics
Logistics Experts See Manufacturing Shift
CHICAGO — An increase in manufacturing activity in Mexico along with a pullback in outsourcing to China could lead to “fundamental change” in the flow of freight in North America, a logistics industry researcher said here.
September 28, 2009Business, Government, Safety
Study Sees $4.8 Bln. Cost from Mexican Truck Ban
The United States’ failure to open its borders to Mexican trucks has cost the country roughly $4.8 billion, according to a new report by the U.S. Chamber of Commerce.
September 28, 2009Business, Government
New ϳԹ Sales Show Slight Gain
New home sales rose 0.7% in August, the Commerce Department said Friday.
September 25, 2009Business, Government
Consumer Confidence Improves in September
U.S. consumer confidence improved in September, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
September 25, 2009Business, Safety, Government
Rail, Intermodal Traffic Fall for Week
Business, Government
Durable Goods Orders Fall 2.4%
Durable goods orders dropped 2.4% in August, the worst performance since January, the Commerce Department said Friday.
September 25, 2009Business, Government, Safety
Opinion: A Year of Changes and Challenges
The old saying, “Time flies,” fits my year as chairman of American Trucking Associations. I remember my phone ringing with the first call from Fred Burns to say I was nominated to vice chairman.
September 25, 2009Business, Government
Oil Falls Below $66 a Barrel
Oil prices continued their recent slide, falling $3 Thursday to close below $66 a barrel, Bloomberg reported.
September 24, 2009Government, Business, Safety
FMCSA Nominee Ferro Faces Questions in Confirmation Hearing
Anne Ferro, the Obama administration’s pick to head the Federal Motor Carrier Safety Administration, faced tough questioning in a Wednesday hearing from a key Senator over her trucking industry background, the Associated Press reported.
September 24, 2009Business, Fuel, Government
FedEx, DHL Express Boost Air Capacity
DHL Express and FedEx Express each said this week they have taken delivery of new, larger freight aircraft.
September 24, 2009