Oil fell below $87 a barrel Thursday, capping its biggest monthly decline in more than three years following a Department of Energy report that showed crude supplies rose to a 22-year high, Bloomberg reported.
May 31, 2012Search
Showing 10 of 74776 results
= Premium Content
Carriers Enhance Pay Plans to Recruit, Retain Drivers
Fleets are exploring every option they can find to sweeten their compensation packages to reward, retain and attract drivers as freight capacity tightens, according to industry officials.
June 4, 2012Fleets Weigh Creating Pool to Run Intermodal Chassis
The Intermodal Motor Carriers Conference, dissatisfied with developments in the freight chassis business, is considering establishment of a trucker-based pool that would be the first of its kind, the conference’s executive director said.
June 4, 2012Chicago Manufacturing Activity Slows
Manufacturing activity in the Chicago area slowed in May but showed continued expansion, the Institute for Supply Management-Chicago said Thursday.
May 31, 2012Trimac to Acquire Ontario Bulk Carrier
Canadian bulk trucking company Trimac Transportation said it will acquire Ontario-based specialized bulk carrier Liquid Cargo Lines.
May 31, 2012First-Quarter GDP Growth Rate Revised Down to 1.9%
The U.S. economy rose at a 1.9% annual rate in the first quarter, the Commerce Department said Thursday, lowering its previous 2.2% figure.
May 31, 2012Weekly Jobless Claims Rise
Initial jobless claims climbed last week to a one-month high, the Labor Department said Thursday.
May 31, 2012Radiant Logistics Opens Center in Charlotte
Radiant Logistics Inc. has opened a new location in Charlotte, N.C., for its Distribution by Air network.
June 1, 2012Senator Asks DOT to Create Freight Initiative
Sen. Maria Cantwell (D-Wash.) has asked Transportation Secretary Ray LaHood to create a multimodal freight initiative within the Department of Transportation.
May 31, 2012Intermodal Traffic Rises 4.3% for Week
U.S. intermodal traffic rose 4.3% for the week ended Saturday from a year ago, the Association of American Railroads said.
June 1, 2012