Rail and intermodal traffic both declined for the week ended Saturday compared with a year ago, the Association of American Railroads said.
August 8, 2008Search
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JDA Software Buys i2 Technologies
JDA Software Group said Monday it will acquire supply chain management firm i2 Technologies for $346 million.
August 11, 2008Wholesale Inventories Rise 1.1%
Wholesale inventories rose 1.1% in June, the Commerce Department said Friday.
August 8, 2008Hino Plans Truck Factory in Mexico
Japan’s Hino Motors Ltd. will build a truck plant in Mexico to boost international sales as domestic demand wanes, Bloomberg reported Friday.
August 8, 2008Productivity Rises 2.2% in Second Quarter
Second-quarter U.S. worker productivity rose 2.2%, the Labor Department said Friday.
August 8, 2008Congress to Review UPS-DHL Air Accord
A congressional panel next month plans to review a plan by UPS to DHL Americas’ air shipments, Bloomberg reported late Friday.
August 8, 2008Oil Closes Week Near $115 a Barrel
Crude oil fell $5 to its lowest level in more than three months Friday, dropping briefly below $115 a barrel before rebounding slightly, Bloomberg reported.
August 8, 2008P.A.M. Takes $1.3 Million 2Q Loss
Truckload carrier P.A.M. Transportation Services said it lost $1.3 million, or 14 cents a share, in the second quarter, compared with net income of $2.2 million, or 21 cents, a year earlier.
August 8, 2008Diesel Drops 10.1¢ to $4.50 a Gallon
The cost of retail diesel fell another 10.1 cents last week to $4.502 a gallon, the third-straight weekly decline in the national average that has cut 26.2 cents from trucking’s main fuel, the U.S. Department of Energy said.
August 11, 2008Warehousing: Fleets Acquire Storage Space to Expand Role in Supply Chain
The cost advantage offered by shipping direct and avoiding paying for warehousing and inventory is dwindling, possibly forever, as the price of fuel rises. As a result, more carriers have started looking at warehousing to play a larger role in the logistics process.
August 11, 2008