The Department of Transportation’s freight transportation services index rose 1.6% in January from a year ago but slipped from an all-time high in December, DOT said Wednesday.
March 14, 2012Search
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Jobless Claims Match Four-Year Low
Initial jobless claims declined by 14,000 and matched the lowest level in four years, the Labor Department said Thursday.
March 15, 2012DHL to Spend $47 Million to Expand U.S. Hub
DHL Express said it will spend $47 million to upgrade its U.S. package express and cargo sorting facility and capability at the Cincinnati area airport.
March 15, 2012Senate Kills Rest-Area Commercialization Amendment
The Senate voted down an amendment during consideration of the federal highway bill that would have allowed commercialization of interstate rest areas.
March 14, 2012Senate Passes Two-Year Highway Bill
The Senate has passed a two-year, $109-billion bill to fund the nation’s highways and public transit system.
March 14, 2012Oil Rises as Diesel Inventories Decline
Oil rose Wednesday following a Department of Energy report that showed diesel supplies fell sharply last week, Bloomberg reported.
March 14, 2012Import Prices Rise 0.4% in February
The price of goods imported to the United States rose 0.4% in February, the Labor Department said Wednesday.
March 14, 2012Pa. Turnpike Considering Electronic Tolling Plan
A plan by the Pennsylvania Turnpike to move toward electronic tolling would put a 76% surcharge for motorists who do not use E-ZPass devices, the Philadelphia Inquirer reported Tuesday.
March 13, 2012Business Inventories Rise in January
Business inventories rose 0.7% in January as automobile stockpiles increased by the most in a year and a half, the Commerce Department said Tuesday.
March 13, 2012XPO Logistics Boosts Stock Offering
XPO Logistics said it has commenced a $126 million public offering of 8 million shares of its common stock.
March 16, 2012