Intermodal rail traffic fell 20.1% last week compared with the same week last year, the Association of American Railroads said.
June 12, 2009Search
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Retail Sales Increase 0.5%, Commerce Says
Retail sales climbed 0.5% in May, the first increase in three months, the Commerce Department said Thursday.
June 11, 2009DOT Freight Index Falls 8.5% in April
The Department of Transportation said its freight transportation services index fell 8.5% in April from a year earlier to its lowest level in seven years.
June 10, 2009U.S. Trade Deficit Widens
The U.S. trade deficit expanded in April for the second straight month following seven declines, as exports dropped to the lowest level in almost three years, the Commerce Department said Wednesday.
June 10, 2009Obama to Nominate Hersman as NTSB Chairman
President Obama will nominate Deborah Hersman, a member of the National Transportation Safety Board, to be the board's chairman, the White House said.
June 10, 2009Oil Tops $71 a Barrel
Oil pushed past $71 in early trading Wednesday, a day after closing over $70 a barrel for the first time in seven months, Bloomberg reported.
June 10, 2009Echo Acquires Raytrans Distribution
Echo Global Logistics said that it has acquired Raytrans Distribution Services, a transportation brokerage firm.
June 10, 2009Dept. of Labor to Fund Texas Logistics Training Program
A grant by the Department of Labor will soon fund a production and supply chain logistics training program in Fort Worth, Texas, the Dallas Business Journal reported.
June 10, 2009Fed ‘Beige Book’ Notes Some Signs of Recovery
The Federal Reserve said Wednesday that the while the U.S. economy is still slowing in almost half of its regions, some companies’ outlooks are improving even though a weak labor market persists.
June 10, 2009U.S. Trade Deficit Widens, Commerce Says
The <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />U.S. trade deficit expanded in April for the second straight month following seven declines, as exports dropped to the lowest level in almost three years, the Commerce Department said Wednesday.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
June 1, 2008