Intermodal rail traffic rose 18.6% last week, the Association of American Railroads said.
August 12, 2010Search
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Trimac’s 2Q Income Improves
Canadian transportation firm Trimac Income Fund said it earned C$3.1 million, or 9 cents per unit, in the second quarter, up from C$1.1 million, or 3 cents, a year ago.
August 12, 2010New Century Transportation Plans IPO
New Century Transportation became the latest trucking company to plan an initial public offering, news services reported.
August 12, 2010Pennsylvania Turnpike Panel Approves Toll Increases
The Pennsylvania Turnpike Commission said it approved toll increases, effective Jan. 2, though it has yet to set the exact rates.
July 28, 2010DOT Freight Transport Index Rises in June
The Department of Transportation’s freight transportation services index rose 4.1% in June from a year ago, the fourth straight year-over-year increase.
August 11, 2010AutoInfo’s Profit Grows in 2Q
Third-party logistics provider AutoInfo said its second-quarter earnings rose to $1.2 million, or 3 cents a share, from $608,000, or 2 cents, last year.
August 11, 2010U.S. Trade Deficit Takes Record Jump
The U.S. trade deficit widened by $7.9 billion in June, the biggest increase since records began being kept in 1992, the Commerce Department said Wednesday.
August 11, 2010Fed Again Holds Interest Rate at Record Low
The Federal Reserve voted for the 14th straight time to keep a key U.S. interest rate at a record low “target range” of zero to 0.25%.
August 11, 2010US 1 Industries’ Second-Quarter Profit Doubles
Logistics firm US 1 Industries said it earned $500,000, or 4 cents a share, in the second quarter, up from $250,000, or 2 cents, a year ago.
August 11, 2010Trailer Bridge’s 2Q Income Improves
Trailer Bridge Inc. reported its second-quarter profit improved to $900,000, or 7 cents per share, from $650,000, or 5 cents, a year ago.
August 12, 2010