U.S. intermodal traffic rose 4.1% for the week ended Saturday from a year ago, the Association of American Railroads said.
June 8, 2012Search
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UPS, Teamsters Agree to Begin Contract Talks in September
The Teamsters union and UPS Inc. agreed this week to begin negotiations in late September on national UPS Inc. and UPS Freight contracts covering about 250,000 union members nationwide.
June 7, 2012Navistar Reports 2Q Loss; Names New Truck and Engine Chief
Navistar International Corp. reported a second-quarter loss and said company executive Troy Clarke will head its truck and engine operations, in a newly created position.
June 7, 2012Shell Sets Plan for LNG Fueling at TA Truck Stops
Shell Oil Co. said Thursday it has signed a memorandum of understanding with TravelCenters of America LLC to provide liquefied natural gas for heavy-duty trucks at TA travel plazas.
June 7, 2012Echo Global Logistics Buys Mass. Truckload Carrier
Echo Global Logistics said it acquired Plum Logistics LLC, a refrigerated truckload carrier and transportation brokerage company based in Wakefield, Mass. Terms were not disclosed.
June 6, 20121Q Productivity Decline Revised Downward
U.S. workers’ first-quarter productivity fell more than originally estimated, the Labor Department said Wednesday.
June 6, 2012Oil Rises for Third Day, Topping $85 a Barrel
Oil rose for a third day, topping $85 a barrel as supplies slipped and economic reports that signaled higher demand, Bloomberg reported.
June 6, 2012Economy Growing at Moderate Pace, Fed Says
The U.S. economy grew at a moderate pace in April and May as manufacturing improved, and trucking and transportation activity were generally higher, the Federal Reserve said Wednesday.
June 6, 2012ISM Services Index Improves
An index of the U.S. economy’s service sector improved in May, the Institute for Supply Management said Tuesday.
June 5, 2012FedEx Retiring 24 Jets to Cut Costs
FedEx Corp. said it has retired 24 jets to reduce capacity in its U.S. Express division, and will take an $84 million, or 26 cents–per-share, charge in its fiscal fourth quarter that ended May 31.
June 5, 2012