U.S. intermodal traffic rose 5.2% for the week ended Saturday from a year ago, the Association of American Railroads said.
June 22, 2012Search
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Arkansas Best Pays $180 Million to Acquire Panther Expedited
Two of the nation’s largest trucking companies have joined forces, as Arkansas Best Corp. paid $180 million to acquire Panther Expedited Services in the largest acquisition in North American trucking so far this year.
June 25, 2012Philadelphia Manufacturing Index Contracts
Manufacturing activity in the Philadelphia region contracted in June, Federal Reserve Bank of Philadelphia said Thursday.
June 21, 2012Existing ºÚÁϳԹÏÍø Sales Slip in May
Existing home sales declined 1.5% in May, the National Association of Realtors said Tuesday.
June 21, 2012Leading Economic Indicators Rise 0.3%
An index of leading economic indicators rose 0.3% in May, the New York-based Conference Board said Thursday.
June 21, 2012UPS’ $6.3 Billion Offer for TNT Begins Friday
UPS Inc. said its approximately $6.3 billion offer for Dutch package firm TNT Express will begin Friday and run through Aug. 31.
June 21, 2012Initial Jobless Claims Decline
Initial jobless claims fell by 2,000 last week, to 387,000, the Labor Department said Thursday.
June 21, 2012Oil Closes Below $80 a Barrel for First Time Since October
Oil fell more than $3 Thursday to finish the trading day under $80 a barrel for the first time since early October, Bloomberg reported.
June 22, 2012Fed Expanding Bond-Buy Program
The Federal Reserve will expand its program to replace short-term bonds with longer-term debt by $267 billion through the end of the year in a bid to reduce unemployment and protect the economy’s expansion, Bloomberg reported.
June 21, 2012DOT Creates Online Career Center for Veterans
The Department of Transportation said Thursday it has created an online career center for veterans seeking jobs in the transportation industry.
June 21, 2012