Jobless Claims Fall to Eight-Week Low Amid Holidays
Filings for U.S. unemployment benefits declined to the lowest level in eight weeks, showing volatility typical around the holiday period.
January 5, 2017Companies Added 153,000 Employees in December, Says ADP
Companies added fewer jobs than forecast in December, data from the ADP Research Institute in Roseland, New Jersey, showed Jan. 5.
January 5, 2017Intermodal Traffic Drops in 2016, First Annual Drop Since 2009
After four consecutive years of record-breaking intermodal growth in the railroad industry, container and trailer traffic dropped 1.6% in 2016, according to data from the Association of American Railroads.
January 4, 2017Oil Industry Seeking Regulatory Changes
WASHINGTON — The American Petroleum Institute will pursue an aggressive policy agenda during the first 100 days of the incoming Trump administration and throughout Donald Trump’s four-year term, the trade group’s president said here during API’s annual State of American Energy event.
January 4, 2017Truck Driver Was Nation’s Most Fatal Occupation in 2015
A Bureau of Labor Statistics study revealed that 745 truck drivers died on the job in the United States in 2015, the most of any profession. BLS defines a truck driver as someone who operates a tractor-trailer combination or a truck with a capacity of at least 26,000 pounds and has a commercial driver license. The 745 truck drivers who died was down from 761 in 2014.
January 4, 2017UPS' 'National Returns Day' Expected to Break Records
UPS expects to deliver 1.3 million returned packages to retailers on Jan. 5, which the company has dubbed "National Returns Day," according to a press release from the company.
January 4, 2017Sunteck, TTS Merger Now Official
The merger between Sunteck Transport Group and TTS, agreed upon in late October, is now official, the new company announced in a statement.
January 4, 2017Construction Begins on New Jersey Intermodal Terminal
Construction has begun on an intermodal terminal at the Global Container Terminals in Bayonne, New Jersey, to connect on-site to CSX and Norfolk Southern railroads and to offer an alternative that could result in fewer containers being placed on trucks.
January 4, 2017Amazon Says Shipments for Independent Merchants Doubled in 2016
Amazon.com Inc. said the number of items sold for independent merchants that use its logistics service more than doubled to 2 billion last year, evidence the online retailer’s stepped-up investments in warehouses are paying off with expansion into new areas like fashion and household goods.
January 4, 2017Maersk, Alibaba Partner to Offer Online Ship Booking
Maersk, the world's largest container shipping line, has teamed up with Alibaba to allow customers to reserve space on its vessels through the Chinese company, illustrating growing cooperation between e-commerce and logistics firms.
January 4, 2017