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Freight Forwarders Admit to Price Fixing

Six international freight forwarders have agreed to plead guilty and pay $50.3 million in fines in relation to a price-fixing investigation, federal officials said.

October 1, 2010

Oil Closes Week Over $80 a Barrel

Oil finished the trading week over $80 a barrel, closing above that level for the first time in almost two months, Bloomberg reported.

October 1, 2010

NAFTA Surface Trade Rises 18.8% in July

Surface transportation trade among the United States, Canada and Mexico rose 18.8% in July from a year earlier, the Department of Transportation said.

September 30, 2010

Chicago Manufacturing Index Jumps in September

Manufacturing activity in the Chicago region jumped in September, the Institute for Supply Chain Management-Chicago said Thursday.

September 30, 2010

Logistics Education — A Note from the Publisher

Logistics and supply chain management are critical needs for many businesses today and many companies are looking to schools to help workers obtain the knowledge and skills needed to succeed.

October 4, 2010

Logistics and Supply Chain Certification Programs

Following is a list of major logistics and supply chain education programs and what they offer.

October 1, 2010

CSX to Boost Dividend 8%

CSX Corp. said it would raise its quarterly dividend 8% to 26 cents per share, from the previous 24 cents.

September 30, 2010

Second-Quarter GDP Revised Up to 1.7%

The U.S. gross domestic product rose at a revised 1.7% annual rate in the second quarter, up slightly from the previously estimated 1.6%, the Commerce Department said Thursday.

September 30, 2010

YRC, Teamsters Leadership Approve Labor Agreement

YRC Worldwide’s board and the Teamsters union’s leadership have each approved an agreement extending current pay cuts through 2015 and delaying YRC’s resumption of pension contributions until June.

September 30, 2010

Jobless Claims Decline for Week

Initial jobless claims fell by 16,000 last week to 453,000, the Labor Department said Thursday.

September 30, 2010