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Fed Report Shows Improved Transport Activity

The U.S. economy improved in most of the Federal Reserve’s 12 districts in March, with the transportation sector improving in most areas, the Fed said.

April 15, 2010

Oil Falls for Sixth Time in Seven Days

Oil declined for the sixth time in seven days Thursday, falling 33 cents to $85.51 a barrel, Bloomberg reported.

April 16, 2010

DOT Freight Transportation Index Declines in February

The Department of Transportation’s freight transportation services index for February fell 2% from a year earlier but rose from January, DOT said.

April 14, 2010

New York State Scraps Truck Rural-Route Restrictions

The New York State Department of Transportation told a transportation task force that it will no longer pursue efforts to restrict trucks from using certain rural routes in the Finger Lakes area, American Trucking Associations said.

April 14, 2010

Business Inventories Grow in February

Business inventories rose 0.5% in February, the Commerce Department said Wednesday.

April 14, 2010

CSX’s First-Quarter Income Rises 22%

Eastern freight railroad CSX Corp. said its first-quarter net income earnings-per-share jumped 22% from a year ago, on higher shipping volumes.

April 14, 2010

Consumer Price Index Rises 0.1%

The consumer price index rose 0.1% in March, the Labor Department said Wednesday.

April 14, 2010

March Retail Sales Show Biggest Gain in Four Months

Retail sales rose 1.6% in March, the biggest increase in four months, the Commerce Department said Wednesday.

April 14, 2010

UPS Sees Higher First-Quarter Results

UPS Inc. said its first-quarter earnings per share will increase to 53 cents, from 40 cents a year ago, while adjusted earnings will be 71 cents, up from 52 cents last year.

April 15, 2010

Landstar’s 1Q Income Grows

Truckload carrier Landstar System’s first-quarter net income rose to $17.2 million, or 34 cents a share, from $13.9 million, or 27 cents, a year ago.

April 14, 2010