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Truck Tonnage Dips in Sept., but Economy Shows Gains
The freight recovery paused in September as American Trucking Associations’ tonnage index dipped 0.3% from the month be-fore after recording larger gains in July and August.
November 2, 2009Diesel Jumps 9.6¢ to $2.801
U.S. diesel prices continued to surge as the national average rose another 9.6 cents a gallon to $2.801 last week, the highest level in nearly a year, the Department of Energy said.
November 2, 2009DOT to Rewrite HOS Rule After Groups Suspend Suit
The Department of Transportation last week said it will withdraw its controversial driver hours-of-service rule and write new regulations as part of a deal in which a coalition of advocacy groups agreed to suspend its federal lawsuit challenging the rule.
November 2, 2009Consumer Confidence Declines in October
U.S. consumer confidence declined this month, according to the final Reuters/University of Michigan monthly consumer sentiment index released Friday.
October 30, 2009Intermodal Traffic Drops for Week
U.S. intermodal rail traffic fell 10.1% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.
October 30, 2009Chicago Manufacturing Index Improves
Manufacturing activity in the Chicago region showed expansion in October, the Institute for Supply Chain Management-Chicago said Friday.
October 30, 2009Personal Spending Falls in September
Consumer personal spending dropped in September for the first time in five months, the Commerce Department said Friday.
October 30, 2009Cummins’ Third-Quarter Profit Drops
Diesel engine maker Cummins Inc. said Friday its third-quarter profit fell 59% due to sharply lower demand for its engines and other products.
October 30, 2009YRC Trims Its 3Q Loss
YRC Worldwide lost $158.7 million, or $2.67 a share, in the third quarter, compared with a loss of $720.9 million, or $12.58, a year ago.
October 30, 2009P.A.M. Narrows Third-Quarter Loss
Truckload carrier and logistics firm P.A.M. Transportation Services reported a third-quarter loss of $1.2 million, or 13 cents per share, compared with a loss of $3.2 million, or 33 cents, a year ago.
October 30, 2009