Consumer Price Index Unchanged in November
The consumer price index was unchanged in November as gas prices dropped, the Labor Department said Friday.
December 16, 2011Intermodal Traffic Rises 3% for Week
U.S. intermodal traffic increased 3% for the week ended Saturday from a year ago, the Association of American Railroads reported.
December 16, 2011YRC Sells Truckload Assets to Celadon
YRC Worldwide said late Thursday it has sold “a significant portion” of the assets of its truckload unit YRC Glen Moore to truckload carrier Celadon Group.
December 15, 2011Rush Acquires West Texas Peterbilt
Rush Enterprises said it has acquired West Texas Peterbilt, a dealership with five locations in Texas, for $25 million.
December 15, 2011FedEx’s 2Q Profit Jumps on Higher Deliveries
FedEx Corp.’s fiscal second-quarter profit nearly doubled, boosted by higher holiday-season sales, and the company said it will purchase 27 new jets for its FedEx Express service in the next few years.
December 15, 2011Senate Committee Advances Freight Policy Measure
A Senate panel approved measures that would create the nation’s first freight policy act, under which investment would be targeted to freight projects that increase economic competitiveness, improve mobility and promote energy conservation.
December 15, 2011Philadelphia Manufacturing Index Rises
Manufacturing activity in the Philadelphia region increased in December, the Federal Reserve Bank of Philadelphia said Thursday.
December 15, 2011Industrial Production Declines in November
Industrial production slipped 0.2% in November, the first decline in seven months, the Federal Reserve said Thursday.
December 15, 2011Producer Price Index Rises in November
Prices paid to U.S. producers rose 0.3% in November, led by a 1% increase in food expenses, the Labor Department said Thursday.
December 15, 2011New York Manufacturing Index Jumps
Manufacturing activity in the New York region expanded in December to the highest level in seven months, the Federal Reserve Bank of New York said Thursday.
December 15, 2011