FedEx Corp.s fiscal second-quarter profit nearly doubled, boosted by higher holiday-season sales, and the company said it will purchase 27 new jets for its FedEx Express service in the next few years.
December 15, 2011Search
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Industrial Production Declines in November
Industrial production slipped 0.2% in November, the first decline in seven months, the Federal Reserve said Thursday.
December 15, 2011Producer Price Index Rises in November
Prices paid to U.S. producers rose 0.3% in November, led by a 1% increase in food expenses, the Labor Department said Thursday.
December 15, 2011New York Manufacturing Index Jumps
Manufacturing activity in the New York region expanded in December to the highest level in seven months, the Federal Reserve Bank of New York said Thursday.
December 15, 2011Jobless Claims Drop to Three-Year Low
Initial jobless claims dropped by 19,000 last week to 366,000, the lowest level since May 2008, the Labor Department said Thursday.
December 15, 2011Intermodal Traffic Rises 3% for Week
U.S. intermodal traffic increased 3% for the week ended Saturday from a year ago, the Association of American Railroads reported.
December 16, 2011YRC Sells Truckload Assets to Celadon
YRC Worldwide said late Thursday it has sold a significant portion of the assets of its truckload unit YRC Glen Moore to truckload carrier Celadon Group.
December 15, 2011Rush Acquires West Texas Peterbilt
Rush Enterprises said it has acquired West Texas Peterbilt, a dealership with five locations in Texas, for $25 million.
December 15, 2011Report Cites States Reluctance to Raise Fuel Taxes
State governments are losing out on over $10 billion in transportation revenue each year, due to states reluctance to raise fuel taxes, according to a study released Wednesday.
December 14, 2011TravelCenters of America to Add RFID Cardless Fueling System
TravelCenters of America said Wednesday that it will purchase and install cardless fueling technology at all of its locations nationwide.
December 14, 2011