The Department of Transportation’s freight transportation services index for September was unchanged from a year ago but fell 2.5% from its August level, DOT said Thursday.
November 13, 2008Search
Showing 10 of 22060 results
= Premium Content
October Retail Sales Plunge 2.8%; Drop Is Largest on Record
Retail sales fell 2.8% in October, the biggest drop on record, the Commerce Department said Friday.
November 14, 2008
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Scam Artists Hit Brokers, Fleets
Logistics executive Paul Lueck, a 27-year veteran of the transportation business, thought he’d seen it all before the silver-tongued con man from what turned out to be a fictitious Jonesboro, Ark., trucking company came calling last summer.
November 17, 2008DHL to End U.S. Parcel Service After 5 Years, Nearly $10 Bln.
Deutsche Post, owner of DHL Express, said it would close the parcel carrier’s U.S. operations after an unsuccessful five-year, $10 billion attempt to crack into a $61.1 billion market dominated by UPS Inc. and FedEx Corp.
November 17, 2008Diesel Hits 14-Month Low
The U.S. average retail diesel price dropped 14.4 cents to $2.944 a gallon last week, falling below $3 for the first time in 14 months, and is expected to drop even further next year, the U.S. Department of Energy said.
November 17, 2008U.S. Trade Deficit Declines in September
The U.S. trade deficit fell 4.4% in September, largely on a sharp drop in the price of oil, the Commerce Department said Thursday.
November 13, 2008Werner Declares Special Dividend
Werner Enterprises said Tuesday that its Board of Directors declared a special cash dividend of $2.10 per common share.
November 12, 2008DOE Slashes Fuel-Price Outlook for 2009
The Energy Department sharply cut its price forecasts for crude oil, diesel and gasoline for next year, citing lower world demand in a sluggish global economy.
November 12, 2008Trimac’s 3Q Income Improves
Canada-based transportation firm Trimac Income Fund’s third-quarter net earnings improved to C$7.6 million, or 24 cents per unit, from C$5.7 million, or 19 cents, a year ago.
November 10, 2008DHL to End U.S. Ground and Air Domestic Operations
DHL Express said Monday it will end its U.S. domestic services in January and focus on its international shipping business.
November 10, 2008