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Consumer Confidence Falls in February
U.S. consumer confidence dropped in February from a two-year high, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
February 12, 2010Retail Sales Grow 0.5% in January
Retail sales climbed 0.5% in January, the third increase in four months, the Commerce Department said Friday.
February 12, 2010Business Inventories Fall 0.2%
UPS May Furlough At Least 300 Pilots Unless Cost Reductions Are Identified
UPS Inc. said it plans to furlough at least 300 of its pilots if talks with the union fail to produce steps that will lower costs.
February 12, 2010Snow, Snow and More Snow
The mid-Atlantic region is the latest area to be reminded of Mother Natures capriciousness and unrelenting fury, as a seemingly endless string of major snowstorms has dumped record amounts from Virginia to New Jersey.
February 15, 2010DOT Proposes Testing for More Drugs, Lowering Existing Threshold on Others
The U.S. Department of Transportation has published a proposed rule that would toughen its workplace drug-testing program for truck drivers and other transportation workers, including testing for the drugs ecstasy and heroin.
February 15, 2010Diesel Dips 1.7瞽 to $2.835, AAA Says
Diesel prices largely held steady last week, with the national average price per gallon at $2.835, falling just 1.7 cents from the previous week, according to AAAs daily price report for Feb. 11.
February 15, 2010ATAs Hodges, Navistars Hebe Differ on Truckings Future
TAMPA, Fla. A major truck-making executive and the chairman of American Trucking Associations offered differing views on the future of trucking, but both agreed that federal regulation of business is generating unwelcome distortions of how firms can operate.
February 15, 2010YRC Reduces 4Q Loss
YRC Worldwide Inc.s loss from operations narrowed in the fourth quarter to $95 million from $135 million a year earlier as Chief Executive Officer William Zollars said the less-than-truckload company would continue the improving trend this year.
February 15, 2010LTL Market Stabilizes in 4Q as Fleets See Growth Ahead
The long-depressed less-than-truckload market has stabilized and is showing initial signs of modest growth, LTL carriers said in fourth-quarter earnings statements.
February 15, 2010