Union Pacific Corp. said Thursday its fourth-quarter profit jumped 24% on higher rates and volumes.
January 19, 2012Business
Trial Date Set in Package-Pricing Lawsuit
AFMS LLC, a parcel shipping consultant, will have to wait until June 2013 for a jury in U.S. District Court in Los Angeles to hear its allegations that UPS Inc. and FedEx Corp. conspired to fix prices for package shipments and exclude competitors.
January 20, 2012BusinessLogistics
Del Monte Foods Renews Transplace Pact
Transplace聽Inc. said聽Del Monte Foods has extended its existing logistics contract with the company.
January 20, 2012BusinessFuel
Administration Nixes Keystone XL Pipeline, But Alternate Plan Seen Moving Forward
President Obama has denied a permit for the proposed Keystone XL oil pipeline, but investors, public officials and analysts said the project is likely to move forward on an alternate route, Bloomberg reported Thursday.
January 19, 2012Business
Jobless Claims Fall to Four-Year Low
Initial jobless claims plunged 30,000 last week to an almost four-year low, the Labor Department said Thursday.
January 19, 2012Business
Housing Starts Decline in December
Housing starts dropped 4.1% in December, the Commerce Department said Thursday.
January 19, 2012Business
Consumer Price Index Unchanged in December
The consumer price index was unchanged in December as fuel prices declined, the Labor Department said Thursday.
January 19, 2012Business
TT Closed Monday for MLK Day Holiday
Transport Topics聽will be closed Monday for the Martin Luther King Jr. Day holiday. Please check back on Tuesday, Jan. 22, for the latest trucking and freight transportation news.
January 18, 2012Business
Port of L.A. Exports Reach Record for Second Year
The Port of Los Angeles said its exports surged 14.5% last year, a second straight record.
January 18, 2012BusinessFuel
Diesel Rises Again, Gaining 2.6垄 to $3.854
Diesel rose for a second week following six straight declines, increasing 2.6 cents to $3.854 a gallon, while gasoline rose less than a penny, the Department of Energy said.
January 18, 2012