The Department of Transportation’s freight transportation services index for September was unchanged from a year ago but fell 2.5% from its August level, DOT said Thursday.
November 13, 2008Search
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TT Logistics 50: Shippers, Carriers Seek Solutions to Logistics Challenges
Logistics companies face significant new challenges as both shippers and carriers look for ways to cope with financial turmoil, volatile fuel costs and slumping demand for goods and services.
November 17, 2008Intermodal Traffic Falls for Week
Rail and intermodal traffic fell sharply last week from the same week a year ago, the Association of American Railroads said Thursday.
November 14, 2008Wal-Mart’s 3Q Earnings Rise
Retailer Wal-Mart Stores said Thursday its fiscal third-quarter earnings rose 10%, but the company trimmed its full-year outlook.
November 13, 2008U.S. Trade Deficit Declines in September
The U.S. trade deficit fell 4.4% in September, largely on a sharp drop in the price of oil, the Commerce Department said Thursday.
November 13, 2008Initial Jobless Claims Reach 7-Year High
First-time unemployment claims reached the highest level in seven years last week, and the number of people on unemployment rolls reached the highest level in 25 years, the Labor Department said Thursday.
November 13, 2008Velocity Reports $11.3 Million 1Q Loss
Velocity Express Corp. reported it lost $11.3 million, or $3.45 a share, in its fiscal first quarter, compared with a loss of $11.1 million, or $4.22, a year earlier.
November 13, 2008Opinion: Administration Must See Trucking’s Importance
So now we know who the next president will be. Thus, we can all go back to work, doing our part to help the industry deliver America’s economy, for good or for bad.
November 14, 2008FedEx Targets Boosting Fleet Fuel Efficiency 20% by 2020
FedEx Corp. said Wednesday it plans to improve the fuel efficiency of its FedEx Express vehicle fleet by 20% and reduce carbon dioxide emissions from its aircraft fleet by 20% by 2020.
November 12, 2008Werner Declares Special Dividend
Werner Enterprises said Tuesday that its Board of Directors declared a special cash dividend of $2.10 per common share.
November 12, 2008