U.S. intermodal rail traffic in the United States fell 16.2% last week from the same week a year ago, the Association of American Railroads said in its weekly report.
August 28, 2009Business, Safety, Government
Intermodal Traffic Drops for Week
Business, Government
GDP Decline Shows 1% Second-Quarter Drop
The U.S. economy contracted at an annual rate of 1% in the second quarter, matching an earlier estimate, the Commerce Department said Thursday.
August 27, 2009Government, Business
YRC Names Chief Strategy Officer
YRC Worldwide said its board has elected Richard Williamson to be the company’s first chief strategy officer to “coordinate and oversee” the less-than-truckload carrier’s recovery process.
August 27, 2009Business, Government
July New ϳԹ Sales Rise 9.6%
New home sales rose 9.6% in July, on the heels of a big jump in June, the Commerce Department said Wednesday.
August 26, 2009Business, Government
Durable Goods Orders Jump 4.9%
Durable goods orders jumped 4.9% in July, the Commerce Department said Wednesday.
August 26, 2009Business, Fuel, Safety, Government
Two Truckload Carriers Install Software to Help With Routing, Fuel Purchasing
Truckload carriers C.R. England and Knight Transportation each recently announced they were investing in new software aimed at making its routing and fuel purchasing more efficient.
August 26, 2009Business, Government
Rival Ocean Carriers ‘Wait and See’ on Results of Maersk’s Chassis Fee Plan
Maersk Line’s move to start charging truckers for use of its container chassis is being watched closely by the biggest ocean carrier’s competitors, although none of them have yet followed suit.
August 26, 2009Business, Government, Safety
Opinion: When Your Customer Doesn’t Pay
Will today’s slow-paying customer be tomorrow’s bankruptcy? To get a proper grip on this very real possibility, let’s look at some staggering statistics.
August 26, 2009Fuel, Business, Logistics, Government
Diesel Rises 1.6¢ in Fifth Straight Weekly Gain
The national average price of diesel fuel rose for a fifth week, climbing 1.6 cents to $2.668 a gallon and topping last week’s price its highest this year, the Department of Energy said.
August 25, 2009Government, Business
Consumer Confidence Rises in August
Consumer confidence increased in August, the New York-based Conference Board said.
August 25, 2009