U.S. intermodal rail traffic in the United States fell 16.2% last week from the same week a year ago, the Association of American Railroads said in its weekly report.
August 28, 2009BusinessGovernment
Personal Spending Rises 0.2% in July
Consumer personal spending rose 0.2% July, as buyers took advantage of the government鈥檚 鈥渃ash for clunkers鈥 program to trade in old cars for new ones, the Commerce Department said Friday.
August 28, 2009BusinessGovernment
GDP Decline Shows 1% Second-Quarter Drop
The U.S. economy contracted at an annual rate of 1% in the second quarter, matching an earlier estimate, the Commerce Department said Thursday.
August 27, 2009GovernmentBusiness
YRC Names Chief Strategy Officer
YRC Worldwide said its board has elected Richard Williamson to be the company鈥檚 first chief strategy officer to 鈥渃oordinate and oversee鈥 the less-than-truckload carrier鈥檚 recovery process.
August 27, 2009BusinessGovernment
July New 91视频 Sales Rise 9.6%
New home sales rose 9.6% in July, on the heels of a big jump in June, the Commerce Department said Wednesday.
August 26, 2009BusinessGovernment
Durable Goods Orders Jump 4.9%
Durable goods orders jumped 4.9% in July, the Commerce Department said Wednesday.
August 26, 2009BusinessFuelSafetyGovernment
Two Truckload Carriers Install Software to Help With Routing, Fuel Purchasing
Truckload carriers C.R. England and Knight Transportation each recently announced they were investing in new software aimed at making its routing and fuel purchasing more efficient.
August 26, 2009BusinessGovernment
Rival Ocean Carriers 鈥榃ait and See鈥 on Results of Maersk鈥檚 Chassis Fee Plan
Maersk Line鈥檚 move to start charging truckers for use of its container chassis is being watched closely by the biggest ocean carrier鈥檚 competitors, although none of them have yet followed suit.
August 26, 2009BusinessGovernmentSafety
Opinion: When Your Customer Doesn鈥檛 Pay
Will today鈥檚 slow-paying customer be tomorrow鈥檚 bankruptcy? To get a proper grip on this very real possibility, let鈥檚 look at some staggering statistics.
August 26, 2009FuelBusinessLogisticsGovernment
Diesel Rises 1.6垄 in Fifth Straight Weekly Gain
The national average price of diesel fuel rose for a fifth week, climbing 1.6 cents to $2.668 a gallon and topping last week鈥檚 price its highest this year, the Department of Energy said.
August 25, 2009