May Cargo Dips 0.7% at SoCal Ports
Total container cargo shipments at the Southern California ports of Los Angeles and Long Beach declined 0.7% overall last month, with L.A.’s lower and Long Beach’s higher than a year ago.
June 20, 2013FedEx Plans Acquisitions in Southern Africa
FedEx Corp. said Thursday it has signed agreements to acquire the businesses operated by its current service provider Supaswift Ltd. in five countries in southern Africa.
June 20, 2013Existing Home Sales Rise to Highest Level Since 2009
Existing home sales rose 4.2% in May to the highest level in three-and-a-half years, the National Association of Realtors said Thursday.
June 20, 2013Philadelphia Manufacturing Index Swings to Expansion
Manufacturing activity in the Philadelphia region expanded in June, swinging from a contraction in May, the Federal Reserve Bank of Philadelphia said Thursday.
June 20, 2013Leading Economic Indicators Rise Slightly
An index of leading economic indicators rose 0.1% in May, the New York-based Conference Board said Thursday.
June 20, 2013Initial Jobless Claims Rise 18,000 for Week
Initial jobless claims rose by 18,000 last week, the Labor Department reported Thursday.
June 20, 2013Logistics Costs Rose 3.4% Last Year, Report Shows
Logistics costs for U.S. businesses rose 3.4% to $1.33 trillion last year compared with 2011, according to a new report by the Council of Supply Chain Management Professionals.
June 19, 2013I-5 Skagit River Bridge Temporary Span Opens
The temporary replacement span of the Interstate 5 Skagit River Bridge opened to traffic, according to the Washington State Department of Transportation.
June 19, 2013Meritor Named Standard Supplier for Vantage Trailers
Component maker Meritor Inc. said it has been selected by Vantage Trailers to supply trailer components as standard equipment on all Vantage products.
June 19, 2013House Democrats Want $5.5 Billion to Fix Bridges
Driven by the recent collapse of the Interstate 5 Skagit River Bridge in Washington state, Rep. Nick Rahall (D-W.Va.) and House Democratic transportation leaders introduced legislation Wednesday that would provide $5.5 billion to repair structurally deficient bridges nationwide.
June 19, 2013