Retail sales continued to rise, increasing 0.8% in November, the Commerce Department reported Tuesday.
December 14, 2010Search
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WTO Backs U.S. on Chinese Tire Tariffs
The World Trade Organization rejected China’s complaint that U.S. tariffs on Chinese car and light-truck tires violate global trade rules, Bloomberg reported.
December 14, 2010Business Inventories Rise 0.7%
Business inventories rose 0.7% in October, the Commerce Department said Tuesday.
December 14, 2010Producer Price Index Rises More Than Forecast
Prices paid to U.S. producers rose 0.8% in November, the Labor Department said Tuesday.
December 14, 2010Truck-Weight Pilot Program Wins Support
U.S. Sen. Susan Collins has persuaded her Appropriations Committee colleagues to include a provision in the government’s pending funding plan that would continue to allow trucks weighing over 80,000 pounds continue running on interstate highways in Maine and Vermont.
December 14, 2010Shippers Cite Concerns on FMC Investigation of Ocean Carriers
A shipper group has expressed “profound disappointment” over a so-called fact-finding investigation by the Federal Maritime Commission into numerous U.S. importer and exporter complaints about “perceived malpractices” by ocean carriers that resulted in supply-chain service disruptions and rate and surcharge increases in late 2009 and 2010.
December 13, 2010Fed Holds Interest Rate at Record Low
The Federal Reserve voted Tuesday to keep a key U.S. interest rate at a record low rate of zero to 0.25%, though it cited concerns over continued high unemployment.
December 14, 2010CSA Goes Live; Carriers Can Access Safety Scores
The Federal Motor Carrier Safety Administration said Monday its Compliance Safety and Accountability system, which measures carriers’ safety records, is now live.
December 13, 2010Court Denies Suit Seeking to Delay CSA Implementation
A federal appeals court has denied a request by several industry groups to delay full implementation of the Federal Motor Carrier Safety Administration’s CSA (Compliance Safety and Accountability) monitoring system.
December 13, 2010Con-way Expanding San Antonio LTL Terminal
Con-way Freight said Monday it is investing $10 million to expand its San Antonio service center into a new, 105-door, 41,500 square foot facility.
December 13, 2010