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Fed Minutes Reveal Continuing Inflation Concerns

Federal Reserve commissioners left the door open for future rate hikes and said some inflation risks remain after deciding during the Federal Open Market Committee’s Oct. 24 meeting to hold rates at 5.25%, according to minutes of the meeting that were released Wednesday.

November 15, 2006

Wal-Mart Posts 3Q Profit, Lowers Full-Year Guidance

Wal-Mart Stores on Tuesday said its third-quarter profit rose to $2.6 billion or 63 cents a share, up from $2.4 billion or 57 cents a year earlier.

November 14, 2006

Diesel Jumps 4.6 Cents to $2.552 a Gallon

Diesel fuel's national average pump price jumped 4.6 cents to $2.552 a gallon, just the second increase in the past 13 weeks and the biggest one-week gain since a 7.5-cent surge in early August, the Energy Department said Monday.

November 14, 2006

Improved Aerodynamics Saves Fuel, Study Finds

A recently-completed study by truck manufacturer Mack finds that truckers could improve their fuel economy by up to 8% by improving the aerodynamics of their tractors and trailers.

November 14, 2006

Business Inventories Rise 0.4%, Sales Drop by Most Since 1996

Business inventories rose 0.4% in September, while sales posted their biggest decline since January 1996, dropping 2%, the Commerce Department said Tuesday.

November 14, 2006

PPI Falls 1.6% in October; Core Prices Decline by Most in 13 Years

The producer price index fell 1.6% in October, matching its highest-recorded month-to-month decrease, while the "core" PPI rate excluding food and energy dropped 0.9%, its biggest decline since 1993, the Labor Department said Tuesday.

November 14, 2006

October Retail Sales Fall 0.2%

U.S. retail sales fell 0.2% in October, the Commerce Department reported Tuesday.

November 14, 2006

TIA, NITL Introduce New Intermodal Broker-Shipper Contract

The Transportation Intermediaries Association and the National Industrial Transportation League have created a new model broker-shipper contract for parties entering a rail intermodal freight transportation agreement.

November 14, 2006

National Freight Acquires Hunsaker Truck

Truckload carrier National Freight acquired Hunsaker Truck Lease, a Dallas truck rental and logistics company.

November 14, 2006

ArvinMeritor Posts Fiscal 4Q, Yearly Losses

Auto parts maker ArvinMeritor Inc. said late Tuesday it lost $261 million, or $3.76 a share in its fiscal fourth quarter ended Sept. 30, compared with a loss of $19 million or 27 cents in the previous fourth quarter.

November 14, 2006