U.S. intermodal traffic rose 3.3% last week from a year ago, the Association of American Railroads reported.
August 10, 2012Search
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U.S. Trade Deficit Shrinks in June
The U.S. trade deficit shrank 11% in June, the Commerce Department said Thursday.
August 9, 2012Initial Jobless Claims Drop
Initial jobless claims dropped by 6,000 last week, the Labor Department said Thursday.
August 9, 2012L.A. Container Shipping Grows
Container shipping at the Port of Los Angeles grew by 8.75% in June, faster than the first-half average, the port authority said Wednesday.
August 9, 2012Cardinal Logistics Sold to Centerbridge
Third party logistics company, Cardinal Logistics Management Inc., has been sold to New York private equity firm Centerbridge Partners LP.
August 9, 2012Wholesale Inventories Drop in June
Wholesale inventories dropped 0.2% in June as sales decreased, the Commerce Department said Thursday.
August 9, 20122Q Productivity Increases
U.S. workers’ second-quarter productivity rose 1.6%, the Labor Department said Wednesday.
August 8, 2012Ford Buying Chinese Heavy-Duty Truck Maker
Ford Motor Co.’s Chinese commercial vehicle unit agreed to buy a heavy-duty truck maker for about $42 million, Bloomberg reported Wednesday.
August 8, 2012Feds Waive HOS Rules in Drought-Stricken Areas
The Department of Transportation has waived hours-of-service regulations for areas affected by drought, to help put more needed trucks and drivers on the road to help affected farmers and ranchers.
August 8, 2012Celadon to Buy Assets from Texas Carrier
Celadon Trucking Services said it has agreed to purchase select operating equipment from truckload carrier USA Dry Van Logistics, based in McAllen, Texas.
August 8, 2012