Intermodal traffic rose 6.5% last week from a year ago, the Association of American Railroads said.
March 18, 2011BusinessFuel
Oil Closes Above $100 a Barrel
Crude oil closed above $100 Thursday after staying below that price for two days, Bloomberg reported.
March 18, 2011GovernmentBusiness
Leading Economic Indicators Improve 0.8%
An index of leading economic indicators rose 0.8% in February, the eighth straight monthly increase, the New York-based Conference Board said.
March 18, 2011Business
Gary Salisbury Elected TCA Chairman
Gary Salisbury, president and CEO of Fikes Truck Line, Hope, Ark., was elected chairman of the Truckload Carriers Association for 2011-2012 at TCA鈥檚 annual meeting in San Diego.
March 17, 2011BusinessEquipment
Philadelphia Manufacturing Index Hits Highest Level Since 1984
Manufacturing activity in the Philadelphia region rose to its highest level in 27 years, the Federal Reserve Bank of Philadelphia said.
March 17, 2011GovernmentBusiness
NAFTA Surface Trade Rose 24.3% Last Year
Surface transportation trade among the United States, Canada and Mexico rose 24.3% last year from 2009, the Department of Transportation said Thursday.
March 17, 2011Business
Industrial Production Declines 0.1%
Industrial production declined 0.1% in February, led by a downturn in utility output, the Federal Reserve said Thursday.
March 17, 2011Business
FedEx鈥檚 3Q Profit Dips 3% to $231 Million
FedEx Corp. said Thursday its fiscal third-quarter net income slipped 3% to $231 million, or 73 cents a share, from $239 million, or 76 cents, a year earlier.
March 17, 2011Business
Jobless Claims Decline for Week
Initial jobless claims dropped by 16,000 last week, the third decrease in four weeks, the Labor Department reported Thursday.
March 17, 2011BusinessGovernment
Consumer Price Index Grows 0.5%
The consumer price index increased 0.5% in Febuary, the Labor Department said Thursday.
March 17, 2011