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Bruce Carlton Named NITL President

The National Industrial Transportation League said Bruce Carlton will become the group’s president on June 1. He will succeed interim president Annette Sandberg.

April 10, 2008

U.S. Trade Deficit Widens in February

The U.S. trade deficit jumped 5.7% in February, as an increase in imports topped the highest gain in exports in a year, the Commerce Department said Thursday.

April 10, 2008

U.S. Exporters Facing Container Shortages

Many U.S. companies seeking to export their goods are facing shortages of containers to ship them, the Wall Street Journal reported Thursday.

April 10, 2008

DOT Transport Index Rises 2.7%

The Department of Transportation’s freight transportation services index for February rose 2.7% from a year earlier, DOT said Wednesday.

April 9, 2008

Wholesale Inventories Gain 1.1%

Wholesale inventories rose 1.1% in February, the Commerce Department said Wednesday.

April 9, 2008

Daimler’s Earnings to Rise on Growth in Russia, China

Daimler AG said Wednesday its sales and profit will rise this year on higher demand from emerging economies such as Russia and China, outweighing a weaker U.S. economy, Bloomberg reported.

April 9, 2008

Daimler’s Earnings to Rise on Growth in Russia, China

Daimler AG said Wednesday its sales and profit will rise this year on higher demand from emerging economies such as Russia and China, outweighing a weaker U.S. economy, Bloomberg reported.

April 9, 2008

Jevic to Close Ohio Terminal

Jevic Transportation said it plans to close a facility in West Chester Township, Ohio, in June, the Hamilton (Ohio) News-Journal reported.

April 9, 2008

Trust Fund May Face Deficit, Former DOT Official Says

The main funding vehicle for the U.S. highway infrastructure will be exhausted by next year, according to a transportation expert, the Wall Street Journal reported Wednesday.

April 9, 2008