Intermodal rail traffic fell 17.8% for the week ended Saturday, compared with the same week last year, the Association of American Railroads said.
May 1, 2009Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
LTL Quarterly Results Worsen as Freight Levels Remain Low
Earnings at publicly traded less-than-truckload companies took a beating in the first quarter, as carriers competed fiercely to wrest freight from a dwindling market still mired in recession, a review of the companies鈥 financial reports shows.
May 4, 2009U.S. Working on Border Plan, Despite Swine Flu Concerns
The Obama administration is continuing to work on a plan to restart cross-border trucking between the United States and Mexico, even as the two countries battle the spread of 鈥渟wine flu.鈥
May 4, 2009Calif. Demands 10% Carbon Cut in Transportation Fuels by 2020
California environmental regulators have approved a new standard that will require a 10% reduction in the carbon content of transportation fuels by 2020 and encourage a transition to nonpetroleum-based fuels.
May 4, 2009Navistar Unveils Updated ProStar Plus
Navistar will deliver International ProStar sleepers and day cabs powered by 2010 Environmental Protection Agency-certified MaxxForce 13 big bore engines using exhaust gas recirculation technology.
May 3, 2009ISM Manufacturing Index Improves
Manufacturing in the U.S. improved last month but still showed overall contraction, the Institute for Supply Management said Friday.
May 1, 2009Dynamex Lowers FY 2009 Guidance
Dynamex has lowered its earnings guidance for the 2009 fiscal year, saying that a downturn in shipping volumes will bring sales down.
May 1, 2009Consumer Sentiment Index Improves
U.S. consumer confidence improved in April to the highest level since late last year, according to the Reuters/University of Michigan鈥檚 monthly consumer sentiment index released Friday.
May 1, 2009P.A.M. Reports $3.4 Million First-Quarter Loss
Truckload carrier P.A.M. Transportation Services reported a first-quarter loss of $3.4 million, or 36 cents per share, compared with a loss of $2.8 million, or 29 cents, a year ago.
May 1, 2009NAFTA Trade Falls 30.9% in Record Decline
Surface transportation trade among the United States, Canada and Mexico plunged 30.9% in February from a year earlier, the biggest year-to-year decline on record, the Department of Transportation said Thursday.
April 30, 2009Trending
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