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Fourth-Quarter GDP Revised Up to 3.1%

The U.S. economy’s fourth-quarter growth was revised upward to 3.1%, from an earlier estimate of 2.8%, the Commerce Department said Friday.

March 25, 2011

Intermodal Traffic Rises 10.7% for Week

Intermodal traffic increased 10.7% last week from a year ago, the Association of American Railroads said.

March 25, 2011

UPS Picks Wicker for New Post

UPS Inc. said it selected Scott Wicker, one of its veteran engineers, as the corporation’s first chief sustainability officer.

March 25, 2011

UTi Worldwide’s 4Q Profit Rises

Air and freight forwarder UTi Worldwide’s fiscal fourth-quarter net income jumped to $14.5 million, or 14 cents a share, from $1.5 million, or 2 cents, a year earlier.

March 25, 2011

Oil Ends Week Over $105 a Barrel

Oil slipped slightly from this week’s highest closing price in two-and-a-half years but finished the week near that level over $105 a barrel, Bloomberg reported.

March 25, 2011

Three Sentenced in Broker Fraud Scheme

Three California men have been sentenced to jail and ordered to pay restitution for a fraud scheme that involved double brokering of trucking loads.

March 25, 2011

Letters: EOBRs for Mexico, HOS & EOBR Subsidy, Bogus Letters

If FMCSA can pay for the Mexican trucks to have EOBRs, why not U.S. trucks? Our government is helping out others and yet not putting or keeping the money here in the good old United States of America.

March 28, 2011

Uncertain World

Trucking took one step forward last week and two steps back. That shows what a tough business this is, as if everyone who reads Transport Topics doesn’t already know that.

March 28, 2011

Caterpillar Considering Logistics Unit Sale

Caterpillar Inc. said it considering selling part of its logistics business.

March 24, 2011

LTL Carrier Brandt Truck Line Shuts Doors

Brandt Truck Line, an 88-year-old less-than-truckload carrier based in Bloomington, Ill., shut its doors Tuesday, giving no prior notice.

March 24, 2011