Intermodal rail traffic jumped 36.6% last week compared with a year ago, the Association of American Railroads said.
July 9, 2010Search
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Wholesale Inventories Rise in May
Wholesale inventories rose 0.5% in May, while sales fell, the Commerce Department said Friday.
July 9, 2010Cummins to Invest $100 Million in Indiana Engine Plant
Cummins Inc. said Friday it plans to invest about $100 million to expand its high-horsepower engine plant in Seymour, Ind., to add more lines of clean-diesel and natural gas engines in the future.
July 9, 2010Great Dane President Phill Pines to Retire at End of Year
Great Dane Trailers president and chief operating officer Phill Pines will retire at the end of this year after more than 50 years in the trailer industry, the company said Thursday.
July 8, 2010Maersk Raises Forecast as Container Demand Picks Up
A.P. Moeller-Maersk raised its profit forecast, saying its container line, the world’s largest, recovered faster than anticipated as freight prices have returned to levels before the global financial crisis, Bloomberg reported.
July 8, 2010New Jobless Claims Fall 21,000 for Week
Initial jobless claims fell by 21,000 last week, the Labor Department said Thursday.
July 8, 2010Virginia Eyes Plans for Rest-Area Savings
Virginia Gov. Bob McDonnell (R) is seeking ideas on reducing costs at the state’s 41 rest areas and welcome centers, 19 of which were closed last summer, the Richmond Times-Dispatch reported Wednesday.
July 7, 2010Daimler, Unions Set Three-Year Pact at Portland Truck Plant
Daimler Trucks North America said it has reached new three-year collective bargaining agreements covering union workers at its truck plant in Portland, Ore.
July 7, 2010DOE Keeps 2010 Diesel Forecast Under $3 a Gallon
Diesel’s national retail price will average $2.98 a gallon this year, the Department of Energy said in boosting its most recent prediction by 2 cents.
July 8, 2010CARB OKs $200 Million in Emissions Funding
The California Air Resources Board has awarded $200 million in Proposition 1B funds to help cut emissions from heavy-duty trucks and other sources in the state’s four busiest trade corridors.
July 6, 2010