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Wholesale Inventories Rise 0.2%; Sales Down 0.1%
In a sign that companies are continuing to struggle to keep stockpiles in line with demand, U.S. wholesale inventories rose more in May than at any time in the last six months, the Commerce Department said on Tuesday.
July 10, 2001Matt Silver, CEO of Cargado, discusses how AI, data and smarter platforms are reshaping cross-border shipping.
Letter to the Editor: Drivers Important
Click here to write your own Letter to the Editor. have been involved with logistics, distribution, and transportation for more than 10 years, and it amazes me how little the average consumer knows about one of the most important parts of the economy — the truck driver.
July 10, 2001American Freightways, Viking Raise Rates 5.9%
American Freightways Inc. and Viking Freight Inc., the two less-than-truckload companies that comprise FedEx Freight, will implement general rate increases of approximately 5.9%, effective Aug. 6, 2001.
July 10, 2001Peace Bridge Congestion Hinders Trade
The Peace Bridge, a three-lane span crossing the Niagara River at Port Erie, Ontario, Canada, and Buffalo, N.Y., is experiencing heavy congestion that is costing businesses on both sides of the border $2.5 million a day, says Jayson Myers of the Canadian Manufacturers and Exporters.
July 10, 2001Executive Briefing - July 10
Navistar Raises Prices 3%; Airlines Beset By Job Actions; UniGroup Sells, Then Buys Consultants; and more...
July 10, 2001Trucking Technology Report - July 10
Trucker Tests Tracking Technology; Cell Phone Industry Turns Out Against Bill; BDP International, G-Log in 10-Year Deal; and more...
July 10, 2001Opinion: Why Biodiesel?
Given the flurry of new users and media coverage, by now you’ve probably heard of a fuel called biodiesel. It’s an alternative to diesel that can be made from any fat or vegetable oil — usually soybean oil.
July 9, 2001Editorial: Economic Recovery Has Not Yet Arrived
Yes, there is some good news: Interest rates have fallen again, and diesel and gasoline prices are consistently coming back down after sharp spikes earlier this year. Even the factory and construction sectors show new strength.
July 9, 2001Executive Briefing - July 9
County Inspection Stations Allowed in Texas; Webvan Shuts Down, Files Chapter 11; Wabash National Announces Acting CEO; Closure Causes Heavy Delays on I-285 in Atlanta; and more...
July 9, 2001Average Diesel Price Falls to $1.392 Per Gallon
The national average price per gallon of diesel fuel dropped to $1.392 on Monday, which is 1.5 cents below the previous week, according to the Department of Energy.
July 9, 2001