Diesel rose less than a penny for its third straight increase, gaining 0.7 cent to $2.228 per gallon, the Energy Department said Monday.
April 7, 2009Search
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Brokers Saw Decreased Profits in 2008, Survey Shows
Freight brokers and logistics providers saw profit margins decrease 5% in 2008 compared to the previous year due to volatile market conditions, a survey by transportation technology company TransCore shows.
April 6, 2009Navman Wireless Tracking Software Adds Reporting
Navman Wireless has added a reporting system to its Internet-based tracking software, Online-AVL, the company said.
April 6, 2009ISM Services Index Shows Continued Contraction
The U.S. economy’s service sector continued to contract in March, the Institute for Supply Management said Friday.
April 3, 2009Intermodal Falls 15.4% for Week
Rail and intermodal traffic both fell last week compared with a year ago, the Association of American Railroads said.
April 3, 2009Navistar Protests Military Truck-Ordering Plan
Navistar International Corp. has protested to U.S. government officials about the method the Pentagon is using to select providers of mine-resistant all-terrain vehicles to be used by U.S. troops in Afghanistan.
April 2, 2009Obama Names Nominees for Two DOT Agencies
President Obama named two nominees to lead agencies within the Department of Transportation, the White House said.
April 3, 2009Unemployment Rate Jumps to 8.5%
The U.S. unemployment rate jumped to 8.5% in March from 8.1% in February, making it the highest level in 25 years, the Labor Department said Friday.
April 3, 2009FedEx Cuts 1,000 Jobs in $1 Billion Savings Plan
FedEx Corp. will cut 1,000 jobs under a plan to save $1 billion in costs, Bloomberg reported.
April 3, 2009Reopening the Border
We’re pleased to see that President Obama’s administration is at work crafting a plan to reopen the United States to trucks from Mexico, as agreed to years ago when the North American Free Trade Agreement was ratified.
April 6, 2009