The Department of Transportation said its freight transportation services index fell 6.5% in March from a year earlier to its lowest level in more than six years.
May 13, 2009Business
WebTech Wireless Reports First-Quarter Profit
WebTech Wireless, a supplier of GPS location-based and fleet telematics services, reported a profit of $115,000, or zero cents per share for the fiscal quarter ended March 31, compared with a loss of $1.95 million, or 3 cents per share, in the same quarter last year.
May 13, 2009BusinessLogisticsGovernment
Livingston Reports 1Q Loss
Canadian customs broker and logistics firm Livingston International Income Fund posted a loss of C$17.3 million in the first quarter of 2009, or 64 cents per unit, compared with a profit of C$8.2 million, or 30 cents, the year before.
May 13, 2009BusinessGovernment
Retail Sales Fall 0.4%, Commerce Says
Retail sales fell 0.4% in April, the Commerce Department said Wednesday.
May 13, 2009BusinessGovernment
Import Prices Rise 1.6% on Higher Oil
The price of goods imported to the United States rose for a second straight month in April as oil prices increased, the Labor Department said Wednesday.
May 13, 2009BusinessSafetyGovernmentLogistics
ATA Recognizes National Transportation Week
American Trucking Associations said Wednesday it celebrating National Transportation Week by bringing trucking industry outreach programs to public events around the country.
May 13, 2009FuelBusiness
Diesel to Average $2.26 This Year, DOE Says
The Energy Department said diesel fuel will average $2.26 a gallon this year, down 4 cents from a previous forecast and well below the $3.80 average of聽last year.
May 13, 2009Business
Tank Truck Operators Urged to Prepare for Future Freight Demand
SAN DIEGO 鈥 The nation鈥檚 tank truck operators meeting here were encouraged to take advantage of the current economic downturn to prepare for the future, when increasing freight demand will put great stresses on the fleets that survive the harsh times.
May 12, 2009Business
Intermodal Traffic Sees Record Quarterly Drops
Intermodal international container volume fell 22.7% in the first quarter, the eighth straight quarterly decline, the Intermodal Association of North America reported.
May 12, 2009BusinessFuelSafetyEquipmentGovernment
Executive Cites Factors Affecting Trucking, Class 8 Sales
SAN DIEGO 鈥斅燗 鈥減erfect storm鈥 of a weak economy, high fuel prices and governmental missteps have led to a 70% drop in new-truck sales in North America, according to Jim Hebe, senior vice president of North American sales for Navistar.
May 12, 2009