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GDP Growth Rate Slows to 0.6% in 4Q

The economy expanded at a 0.6% annual growth rate in the fourth quarter, slowing from the third quarter’s 4.9% rate, the Commerce Department said Wednesday.

January 30, 2008

UPS Takes $2.58 Bln. 4Q Loss on Pension Charge

UPS Inc. said Wednesday it lost $2.58 billion in the fourth quarter, primarily due to a big charge to exit a union pension plan.

January 30, 2008

Letters to the Editor: HOS, Roundabouts, Infrastructure Panel

If there ever was a segment of the transportation industry that needed an overhaul, it’s trucking.

January 30, 2008

Oberstar Criticizes NTSB on I-35W Bridge

Rep. James Oberstar (D-Minn.), chairman of the House Transportation and Infrastructure Committee, last week criticized the chairman of the National Transportation Safety Board for suggesting a design flaw was a key factor in the Interstate 35W bridge collapse in Minneapolis.

January 29, 2008

Florida Banning Trucks from Left Lane of Turnpike Stretch

Florida officials are banning trucks from the left lane of a 40-mile stretch of the Florida Turnpike in South Florida starting Friday, the South Florida Sun-Sentinel reported.

January 25, 2008

N.C. Court Rules for Trucking Company in Dispute Over Weight Limit Fines

A judge in North Carolina recently ruled in favor of a trucking company that sued the state for what it said were excessive fines assessed for minor weight limit permit violations.

January 30, 2008

December Durable Goods Orders Jump 5.2%

Durable goods orders jumped 5.2% in December, the Commerce Department said Tuesday.

January 29, 2008

Consumer Confidence Falls in January

Consumer confidence declined in January, the New York-based Conference Board said Tuesday.

January 29, 2008

C.H. Robinson’s 4Q Profit Improves

Transportation and logistics firm C.H. Robinson Worldwide’s fourth-quarter profit rose to $85.3 million, or 49 cents a share, from $71.8 million, or 41 cents, a year ago.

January 29, 2008

New 91ÊÓÆµ Sales Drop for 2007 Is Lowest on Record

New home sales fell 4.7% in December, capping the biggest annual decline on record, the Commerce Department said Monday.

January 28, 2008