Intermodal rail traffic jumped 21.2% last week, reaching the highest level since late 2008, the Association of American Railroads said.
June 25, 2010Search
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Jobless Claims Decline for Week
Initial jobless claims fell from a two-month high, declining 19,000 last week, the Labor Department said Thursday.
June 24, 2010New ϳԹ Sales Fall to Record Low Rate
New home sales plunged 33% in May to a record low rate, as a home-buying tax credit expired, the Commerce Department said Wednesday.
June 23, 2010CSA 2010 Needs Improvements, Trucking Exec Tells Congress
The federal government’s Comprehensive Safety Analysis 2010 is supported by the trucking industry but needs some changes, a trucking executive testifying for American Trucking Associations told a congressional panel Wednesday.
June 23, 2010Global Commercial Navigation Shipments Expected to Reach 7.5 Million by 2015
Global commercial navigation system shipments will grow to 7.5 million in 2015 from 3 million in 2010, according to an ABI Research study.
June 23, 2010New Approach to Trailer Aerodynamics Increases Fuel Economy, SmartTruck Says
SmartTruck, a company founded by aerospace engineers, has received approval from the U.S. Environmental Protection Agency for trailer attachments that it said could improve over-the-road fuel efficiency by up to 11% and that it soon would begin manufacturing them.
June 23, 2010Oil Slides Following DOE Report
Oil declined $1.50 to below $77 a barrel following a Department of Energy report that showed crude inventories rose by 2 million barrels last week, Bloomberg reported.
June 23, 2010Fed Again Holds Interest Rate at Record Low
For the 13th straight time, the Federal Reserve voted Wednesday to keep a key U.S. interest rate at a record low “target range” of zero to 0.25%.
June 23, 2010Existing ϳԹ Sales Fall in May
Sales of existing home fell 2.2% in May, the National Association of Realtors said Tuesday.
June 22, 2010Wabash Begins Production on 350 Reefers for Frozen Food Express
Trailer maker Wabash National Corp. said it has begun production on 350 new refrigerated van trailers for Frozen Food Express Industries, to be completed by September.
June 22, 2010