Intermodal rail traffic fell 17% last week compared with the same week last year, the Association of American Railroads said.
June 19, 2009Search
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Initial Jobless Claims Rise; Continuing Claims Fall
Initial jobless claims increased last week, but the number of Americans collecting jobless benefits fell the week before for the first time since January, the Labor Department said Thursday.
June 18, 2009Industrial Production Falls 1.1%
Industrial production fell 1.1% in May, the 16th decline in 17th months, the Federal Reserve said Tuesday.
June 17, 2009Leading Economic Indicators Gain 1.2%
An index of leading economic indicators rose 1.2% last month, the New York-based Conference Board said Thursday.
June 18, 2009Philadelphia Manufacturing Index Improves
Manufacturing levels in the Philadelphia region improved this month but still showed contraction, the Federal Reserve Bank of Philadelphia said Thursday.
June 18, 2009Oberstar Wants 57% Boost in Highway Spending
A key congressman wants to boost federal highway spending by 57% and set a six-year plan for such spending, a strategy at odds with Transportation Secretary Ray LaHood, who is seeking a shorter, 18-month extension of highway funding.
June 18, 2009YRC Sets Pension Fund Agreement with Teamsters
YRC Worldwide said it has finalized an agreement with the Teamsters union in which YRC will provide real estate assets as collateral in lieu of contributions to the union’s pension fund in the second quarter.
June 18, 2009Oil Falls After Inventory Report
Oil fell to $69.38 a barrel in trading Wednesday after the Department of Energy announced that fuel inventories rose last week, Bloomberg reported.
June 17, 2009Consumer Price Index Increases 0.1%
The consumer price index gained 0.1% in May and declined over the past year by the biggest amount since 1950, the Labor Department said Wednesday.
June 17, 2009FedEx Reports $876 Million 4Q Loss
FedEx Corp. reported it lost $876 million in its fiscal fourth quarter, due largely to one-time charges totaling $1.2 billion.
June 17, 2009