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Retail Sales Jump 1% in May
Retail sales jumped 1% in May, the Commerce Department said Thursday.
June 12, 2008Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
New York Manufacturing Index Declines
Manufacturing growth in New York state declined in June, the Federal Reserve Bank of New York said Monday.
June 16, 2008Roadrunner Rebrands, Expands Services
Roadrunner Transportation Services, formerly known as Roadrunner Dawes Freight Systems, said Monday it has rebranded to reflect new offerings its third-party transportation logistics, supply-chain management, and truckload and less-than-truckload services.
June 16, 2008PTS Shuts Down Following Strike
Automobile hauler Performance Transportation Services said it has gone out of business, due to a strike against the company last week by the Teamsters union.
June 16, 2008Diesel Slips for Second Week; Gasoline Average Tops $4 a Gallon
The U.S. diesel average inched downward for the second consecutive week, dipping 1.5 cents to $4.692 a gallon, while gasoline topped the $4 mark for the first time ever, the Department of Energy reported.
June 16, 2008Railroad Seeks Faster, Cheaper Route Between Great Lakes, Virginia Port
BELSPRING, Va. — Inside Norfolk Southern Railway’s Cowan Tunnel at the foot of Virginia’s Blue Ridge Mountains, the latest intermodal ad-vancement is moving forward — 4 feet at a time.
June 16, 2008Caterpillar Exits U.S. Truck Market
Caterpillar Inc., which lost its dominant position in heavy-duty engines last year because of persistent problems with 2007-compliant models, said it will pull out of the North American Class 8 market by 2010, except for a severe-duty truck and engine in partnership with Navistar International Corp.
June 16, 2008Volkswagen Gets EU Approval to Buy Scania
Volkswagen AG has gained antitrust approval from European regulators to buy a controlling stake in Swedish truck and bus maker Scania AB, Bloomberg reported Friday.
June 13, 2008Interstate 80 Reopens in Iowa Following Floods
Interstate 80 has reopened in Iowa, the Iowa Department of Transportation said.
June 17, 2008IdleAire Can Proceed With Sale, Judge Rules
IdleAire Technologies Corp., which designs anti-idling systems for long-haul trucks at truck stops, can proceed with a proposed sale without an investigation, a judge ruled, Bloomberg reported Monday.
June 16, 2008