The Department of Transportation’s freight transportation services index fell 14.2% in June from a year earlier, the largest June-to-June decline in the 20 years in which it has been calculated.
August 12, 2009Search
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Diesel Rises 7.5¢ to $2.625
The average retail price of a gallon of diesel in the United States rose 7.5 cents last week to $2.625, the highest level this year, the Energy Department reported.
August 17, 2009
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Biodiesel Group Says EPA Rule Threatens Future Production
A proposed U.S. Environmental Protection Agency rule designed to expand biofuel use actually has brought the biodiesel market “to a grinding halt,” because it does not allow most blends of soy oil, according to the National Biodiesel Board.
August 17, 2009Business Inventories Decline in June
Business inventories fell 1.1% in June, marking the 10th consecutive decline, though sales rose, the Commerce Department said Thursday.
August 13, 2009Trimac Reports Lower 2Q Income
Canada-based transportation firm Trimac Income Fund earned C$1.1 million, or 3 cents per unit, in the second quarter, compared with C$2.6 million, or 9 cents, a year ago,
August 13, 2009Retail Sales Fall 0.1% in July
Retail sales fell 0.1% in July, the first decline in three months, the Commerce Department said Thursday.
August 13, 2009Import Prices Fall for First Time in Six Months
The price of goods imported to the United States fell 0.7% in July, the first decline in six months, the Labor Department said Thursday.
August 13, 2009Intermodal Traffic Takes Big Quarterly Drop
Intermodal trailer traffic fell 26.9% in the second quarter of 2009, the Intermodal Association of North America reported.
August 12, 2009DHL Fined $9.4 Million for Embargo Violations
DHL Express will pay the U.S. government $9.4 million in fines to settle a dispute that it made shipments to Iran, Sudan and Syria in violation of U.S. embargoes, the Associated Press reported.
August 12, 2009Opinion: The Customer Service, Dispatch Dilemma
As the recession deepens, there is growing awareness in the transportation industry of the role dispatchers play in keeping third-party logistics firms and freight brokerages competitive, particularly in the areas where dispatch and customer service collide.
August 11, 2009