Driver Turnover Rises, Showing Stronger Economy, ATA Says
Driver turnover rose sharply in last year’s fourth quarter as carriers boosted payrolls, indicating stronger economic recovery, American Trucking Associations said Thursday.
April 14, 2011Producer Price Index Rises 0.7% in March
Prices paid to U.S. producers rose 0.7% in March, led by cost increases in energy and light trucks and automobiles, the Labor Department said Thursday.
April 14, 2011Initial Jobless Claims Rise for Week
Initial jobless claims jumped by 27,000 last week, the Labor Department reported Thursday.
April 14, 2011DOT Freight Transport Index Rises 4.1%
The Department of Transportation’s February freight transportation services index rose 4.1% from a year earlier, DOT said Wednesday.
April 13, 2011Oil Rises Over $107 Following Drop in Gasoline Inventories
Oil rose to just over $107 a barrel Wednesday following a Department of Energy reported that showed gasoline inventories last week took their biggest drop in 12 years, Bloomberg reported.
April 13, 2011Daimler Keeps 2011 Earnings Forecast; Cites Upturn in North American Truck Market
Daimler AG is holding to its forecast for improved earnings this year, and the company boosted its 2011 forecast for North American truck market growth, Bloomberg reported Wednesday.
April 13, 2011Retail Sales Rise for Ninth Straight Month
Retail sales rose for the ninth straight month in March, increasing 0.4%, the Commerce Department said Wednesday.
April 13, 2011Business Inventories Rise 0.5%
Business inventories rose 0.5% in February, the Commerce Department said Wednesday.
April 13, 2011Diesel to Remain Over $4 a Gallon, DOE Says
Diesel will remain over $4 a gallon this summer, the Department of Energy said in its latest monthly short-term energy outlook.
April 13, 2011ATA Chairman Testifies on Hazmat Regs
American Trucking Associations Chairman Barbara Windsor told a House panel Wednesday that changes are needed to regulations governing hazardous materials shipments in order to improve efficiency and relieve unnecessary regulatory burdens.
April 12, 2011