The Department of Transportation’s freight transportation services index rose 4.1% in June from a year ago, the fourth straight year-over-year increase.
August 11, 2010Search
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AutoInfo’s Profit Grows in 2Q
Third-party logistics provider AutoInfo said its second-quarter earnings rose to $1.2 million, or 3 cents a share, from $608,000, or 2 cents, last year.
August 11, 2010U.S. Trade Deficit Takes Record Jump
The U.S. trade deficit widened by $7.9 billion in June, the biggest increase since records began being kept in 1992, the Commerce Department said Wednesday.
August 11, 2010Fed Again Holds Interest Rate at Record Low
The Federal Reserve voted for the 14th straight time to keep a key U.S. interest rate at a record low “target range” of zero to 0.25%.
August 11, 2010US 1 Industries’ Second-Quarter Profit Doubles
Logistics firm US 1 Industries said it earned $500,000, or 4 cents a share, in the second quarter, up from $250,000, or 2 cents, a year ago.
August 11, 2010Trailer Bridge’s 2Q Income Improves
Trailer Bridge Inc. reported its second-quarter profit improved to $900,000, or 7 cents per share, from $650,000, or 5 cents, a year ago.
August 12, 2010Flooding Closes I-35 in Iowa
Interstate 35 was closed near Ames, Iowa, Wednesday afternoon due to flash flooding, the Des Moines Register reported.
August 11, 2010Panther Files for Initial Public Offering
Panther Expedited Services said it has filed for an initial public offering with the Securities and Exchange Commission.
August 11, 2010Opinion: Safety Doesn’t Excuse Prejudice
“Alto! ¿Habla usted español?” Imagine this scenario: You and your rig cross the border into Mexico. Along the highway, the police stop you. You haven’t broken any laws, but you’re nervous. Your Spanish is enough to get by, but not all Mexican police officers speak fluent English.
August 10, 2010Productivity Rate Declines in Second Quarter
U.S. workers’ productivity decreased in the second quarter, the first drop since the end of 2008, the Labor Department said Tuesday.
August 10, 2010