Weekly Intermodal Traffic Rises 1.9%
Intermodal traffic rose 1.9% last week, the Association of American Railroads reported.
August 12, 2011Consumer Confidence Falls to 31-Year Low
Consumer confidence plummeted in August to its lowest level since May 1980, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
August 12, 2011Business Inventories Show Smallest Gain in More Than a Year
Business inventories increased 0.3% in June, the smallest gain since May 2010, the Commerce Department said Friday.
August 12, 2011Equity Firm Buys ADS Logistics
Linx Partners has acquired ADS Logistics Co., a provider of trucking, warehouse and intermodal services to the metals industry.
August 12, 2011MIQ Acquires UK Logistics Company
MIQ Logistics said it has acquired The Logistics Corp., a retail logistics company based in the United Kingdom. Terms were not disclosed.
August 12, 2011Oil Finishes Week Over $85 a Barrel
Oil fell 34 cents Friday, finishing the New York Mercantile Exchange trading week at $85.38 a barrel, Bloomberg reported.
August 12, 2011Opinion: Driving Accident-Free — A Mission
This week, contestants of the National Truck Driving Championships and National Step Van Driving Championships will be convening in Orlando to begin four intense days of competition.
August 11, 2011Trade Deficit Expands to $53.1 Billion
The U.S. trade deficit rose 4.4% in June to $53.1 billion as exports fell by the most in two-and-a-half years, the Commerce Department said Thursday.
August 11, 2011Initial Jobless Claims Fall to Four-Month Low
Initial jobless claims decreased by 7,000 last week to 395,000, a four-month low, the Labor Department said Thursday.
August 11, 2011DOT Freight Transport Index Rises 4.1%
The Department of Transportation said Wednesday its freight transportation services index rose 4.1% in June from a year ago.
August 10, 2011