The Department of Transportation said it has released about $140 million in federal aid this week to assist 249 transportation improvement projects around the country.
June 24, 2009BusinessGovernmentLogistics
Canadian Trucking Lost 3,300 Jobs in April
The Canadian trucking industry lost 3,300 jobs in April, making it the third-worst industry in the country for that month, Statistics Canada reported.
June 25, 2009BusinessGovernment
First-Quarter GDP Revised to 5.5% Contraction
The U.S. economy contracted at an annual rate of 5.5% in the first quarter, a better reading than two previous estimates, the Commerce Department said Thursday.
June 25, 2009BusinessGovernmentTechnologyEquipmentSafetyLogistics
Ryder Earns 3PL Cross-Border Security Certification
Ryder System said it has been certified as a third-party logistics provider in the Custom-Trade Partnership Against Terrorism program, an initiative that seeks to promote supply chain security and reduce border vulnerabilities.
June 24, 2009BusinessGovernment
New ºÚÁϳԹÏÍø Sales Fall 0.6%
New home sales fell 0.6% in May, the Commerce Department said Wednesday.
June 24, 2009BusinessGovernmentSafety
Opinion: Factoring: What You Don’t Know Can Hurt You
At one time or another, every business finds itself undercapitalized. Unfortunately, in these tough economic times, qualifying for a line of credit can be extremely difficult. As a result, increasing numbers of transportation companies are looking into factoring, with many of them taking the plunge and selling their accounts receivable to a factor.
June 24, 2009BusinessGovernment
Durable Goods Orders Rise 1.8%
Durable goods orders rose 1.8% in May, matching April’s increase, the Commerce Department said Wednesday.
June 24, 2009FuelBusinessLogisticsGovernment
Diesel Rises 4.4¢ to $2.616 a Gallon
Diesel fuel’s national average price rose for the seventh straight week, gaining 4.4 cents to $2.616 a gallon, the Energy Department said.
June 23, 2009BusinessTechnologyGovernmentLogistics
3PL Leans on iPhone App to Eliminate Paper Bills
D.W. Morgan, a third-party logistics and supply chain consulting firm, has developed an iPhone application that the company said has helped it eliminate paper bills.
June 23, 2009BusinessSafetyGovernment
ATRI Updates Idling-Regulations Listing
The American Transportation Research Institute has updated its listing of state and local idling regulations, noting that 41 states and localities now have idling regulations.
June 23, 2009