Surface trade among the United States, Canada and Mexico rose 4.5% in August from the same month last year, though both truck and rail imports declined, the Department of Transportation said Thursday.
October 30, 2008BusinessGovernment
Consumer Sentiment Index Shows Record Decline
U.S. consumer confidence fell this month in the largest decline since data began in 1978, according to the Reuters/University of Michigan鈥檚 final monthly consumer sentiment index, released Friday.
October 31, 2008GovernmentBusiness
Personal Spending Falls in September
Consumer personal spending dropped 0.3% in September, the biggest drop in four years, the Commerce Department said Friday.
October 31, 2008GovernmentBusinessSafetyLogistics
NTSB Adds EOBRs to 鈥楳ost Wanted鈥 List
The National Transportation Safety Board has added mandatory use of electronic onboard recorders to its annual list of 鈥渕ost wanted鈥 safety reforms.
October 31, 2008GovernmentBusinessSafetyFuelLogistics
Maritime Commission to Challenge SoCal Ports鈥 Trucks Program
The Federal Maritime Commission voted to seek a court order to stop parts of the southern California ports of Los Angeles and Long Beach鈥檚 clean trucks program, the Associated Press reported.
October 30, 2008Government
Third-Quarter GDP Shows 0.3% Contraction
The U.S. economy showed a 0.3% contraction in the third quarter, the Commerce Department said Thursday.
October 30, 2008BusinessSafetyGovernment
YRC May Cut Up to 3,750 Positions
YRC Worldwide may cut up to several thousand positions in a cost-reduction move that is part of a stepped-up plan to integrate its Roadway and Yellow Transportation units.
October 29, 2008GovernmentBusinessSafety
Fed Cuts Key Interest Rate a Half-Point to 1%
The Federal Reserve Wednesday cut a key U.S. interest rate by half a percentage point, to 1%.
October 29, 2008BusinessSafetyGovernmentLogistics
Pacer鈥檚 3Q Income Rises 52%
Transportation and third-party logistics firm Pacer International鈥檚 third-quarter profit rose 52% to $20.4 million, or 59 cents a share, from $13.4 million, or 38 cents, a year ago.
October 29, 2008BusinessSafetyGovernment
ATA Releases Highway Safety Agenda Details
American Trucking Associations unveiled details its highway safety agenda designed to reduce the number of highway-related fatalities and injuries on U.S. highways.
October 29, 2008