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November CPI Rises 0.4%

The consumer price index rose 0.4% in November, the Labor Department said Wednesday.

December 16, 2009

Schneider Completes Intermodal Container Conversion

Schneider National said Wednesday its intermodal division has completed a three-year conversion project replacing its mixed trailer/container fleet to an all-container fleet.

December 16, 2009

Fed Again Holds Key Interest Rate at Record Low Near Zero

The Federal Reserve voted for the ninth straight time Wednesday to keep a key U.S. interest rate at a record low target range of zero to 0.25%.

December 16, 2009

Port of L.A. to Allow Some Extensions for Older Trucks

The Port of Los Angeles said Wednesday it will allow a limited number of truckers to continue operating their existing trucks past a Jan. 1 deadline for cleaner trucks.

December 16, 2009

Pacer Names Daniel Avramovich CEO

Transportation and third-party logistics firm Pacer International said Daniel Avramovich will become its new chief executive officer, effective close of business Tuesday.

December 15, 2009

Industrial Production Rises 0.8%

Industrial production increased 0.8% in November, the Federal Reserve said Tuesday.

December 15, 2009

New York Manufacturing Index Slips in December

Manufacturing activity in the New York region slowed its rate of growth in December, the Federal Reserve Bank of New York said Tuesday.

December 15, 2009

Producer Price Index Climbs 1.8% in November

Prices paid to U.S. producers rose 1.8% in November, the Labor Department said Tuesday.

December 15, 2009

Cummins Engine President to Step Down

Cummins Inc. said late Tuesday that Jim Kelly, president of its engine business, will leave the position in March and that it will name a successor in the very near future.

December 15, 2009

Hefty Toll Increases Proposed For SF Bay Bridges

A proposed toll increase for the seven state-owned bridges that crisscross the San Francisco Bay could double the cost for trucks.

December 14, 2009