Initial Jobless Claims Rise by 7,000 for Week
Initial jobless claims rose by 7,000 last week, the Labor Department reported Thursday.
July 25, 2013Mullen Group’s Trucking and Logistics Revenue Rises
Canadian transportation firm Mullen Group said its trucking and logistics revenue increased as its second-quarter profit more than tripled.
July 24, 2013Daimler’s 2Q North American Sales, Orders Rise
Daimler AG said its second-quarter North American truck sales and orders rose from the same period last year.
July 24, 2013Volvo’s North American Orders Rise 39%
Volvo Trucks’ second-quarter North American orders rose by 39% from a year ago, led by a strong performance by Mack Trucks, the company said Wednesday.
July 24, 2013Knight Transportation’s Profit Dips
Knight Transportation said Wednesday its second-quarter profit declined on a “challenging operating and economic environment.”
July 24, 2013Transport Canada Enacts Emergency Rail Safety Rules in Wake of Quebec Crash
Transport Canada announced emergency railway safety rules in the wake of a deadly freight train crash in Quebec earlier this month.
July 24, 2013New Home Sales Rise 8.3% to Five-Year High
New home sales rose 8.3% to a five-year high in June, the Commerce Department reported Wednesday.
July 24, 2013Canadian Railroads’ Earnings Improve
Canada’s two major freight railroads reported higher second-quarter earnings from a year ago on stronger rates and volume.
July 24, 2013Norfolk Southern’s Profit Drops
Norfolk Southern Corp. said its second-quarter profit dropped 11%, and income from railway operations fell 10% to $836 million.
July 24, 2013CBO Warns House Panel on Highway Trust Fund
WASHINGTON — A congressional subcommittee received a grim picture Tuesday of what lies ahead for the Highway Trust Fund if Congress and the White House do not find a way to pay for transportation before the fund is declared insolvent in 2015.
July 23, 2013