The Federal Maritime Commission said it will allow the Ports of Los Angeles and Long Beach, Calif., starting Feb. 18, to collect container fees that will help carriers fund the replacement of older trucks with less-polluting newer models.
February 13, 2009BusinessSafety
Rail, Intermodal Traffic Fall for Week
Rail and intermodal traffic fell for the week ended Saturday from a year ago, the Association of American Railroads said.
February 13, 2009BusinessSafetyGovernment
Opinion: Choosing Truck-Driving Instructors
Last January, our company launched an 鈥渋nstructor-of-the month鈥 program. We began by inviting directors of truck-driver training programs to nominate individuals, and then we interviewed the winning instructors.
February 12, 2009BusinessGovernment
Consumer Confidence Index Declines
U.S. consumer confidence declined this month, according to the Reuters/University of Michigan鈥檚 final monthly consumer sentiment index released Thursday.
February 12, 2009BusinessGovernment
Retail Sales Rise 1% in January
Retail sales rose 1% in January, halting a six-month slide, the Commerce Department said Thursday.
February 12, 2009Business
Jobless Claims Decline for Week
Initial jobless claims fell last week and continuing claims reached a new record the previous week, the Labor Department said Thursday.
February 12, 2009BusinessGovernment
Business Inventories See Largest Decline Since 2001
Business inventories fell 1.3% in December, the fourth consecutive month of decline and the largest drop since 2001, the Commerce Department said Thursday.
February 12, 2009BusinessSafetyGovernmentLogistics
Pacer Reports Loss for 4Q, Year
Transportation and third-party logistics firm Pacer International said late Wednesday it took a fourth-quarter loss of $65.1 million, or $1.87 a share, compared with a profit of $20.6 million, or 59 cents, a year earlier.
February 11, 2009BusinessSafetyGovernment
DOT Freight Transportation Index Falls 3%
The Department of Transportation鈥檚 freight transportation services index declined 3% in December from a year earlier, DOT said Wednesday.
February 11, 2009Business
Rush Reports Lower 4Q Profit
Truck dealership Rush Enterprises said its fourth-quarter net income fell to $5.1 million, or 14 cents a share, from $12.3 million, or 32 cents, a year ago.
February 11, 2009