Rail intermodal traffic fell 1.1% for the week ended Saturday compared with the same week last year, the Association of American Railroads said.
May 15, 2008Search
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Jobless Claims Rise 6,000 for Week
Initial jobless claims rose by 6,000 last week, the Labor Department said Thursday.
May 15, 2008Trailer Bridge Reports 1Q Loss
Trailer Bridge Inc. said late Thursday it lost $1.8 million, or 15 cents a share, in the first quarter, compared with earning $1.3 million, or 11 cents, a year ago.
May 15, 2008ATA to Manage Distribution & LTL Carriers Association
American Trucking Associations said Thursday it has assumed management of the Distribution & LTL Carriers Association, which represents for-hire trucking companies engaged in less-than-truckload freight shipments and warehousing.
May 15, 2008TransForce Completes Conversion, Name Change
TransForce Income Fund said late Wednesday it has completed its corporate structure conversion to TransForce Inc. and that it will begin trading under a new ticker symbol on Tuesday.
May 14, 2008CPI Rises 0.2% in April
The consumer price index rose 0.2% in April, the Labor Department said Wednesday.
May 14, 2008ArvinMeritor Sets Commodity Surcharge
Auto and truck component maker ArvinMeritor Inc. said late Tuesday it will institute a monthly surcharge for components due to rising materials prices.
May 14, 2008Deutsche Post’s 1Q Profit Drops
Deutsche Post said Wednesday its first-quarter profit fell 18% on a writedown of a German unit and slowing U.S. economic growth that hurt its U.S. DHL division, Bloomberg reported.
May 14, 2008DOT Freight Transport Index Drops 0.4% in March
The Department of Transportation’s freight transportation services index fell 0.4% in March from the same month last year, DOT said Wednesday.
May 14, 2008FedEx Names Brian Philips to Head Kinko’s Unit
FedEx Corp. Wednesday named Brian Philips chief executive officer of its FedEx Kinko’s office supply division.
May 14, 2008