Unemployment Rate Drops to 9.4%
The U.S. unemployment rate fell to 9.4% in December, the lowest in a year and a half, the Labor Department said Friday.
January 7, 2011DOT Proposes Revised Mexican Truck Program
The Obama administration has released an outline of what the resumption of a cross-border trucking program with Mexico would look like, in an effort to stem the ongoing dispute that has led to Mexico putting tariffs on some U.S. goods.
January 7, 2011Opinion: Late Fees and Supply Chain Integrity
Appointment scheduling is common in today’s transportation industry. It allows for the orderly receipt of shipments, reduces waiting time and increases routing and operations productivity. When all goes according to plan, the supply chain flows with optimal efficiency.
January 7, 2011Ryder Completes Total Logistic Control Acquisition
Ryder System has completed its acquisition of Total Logistic Control at a cost of $200 million, the company said.
January 6, 2011U.S. 2010 Automobile Sales Rise 11%
U.S. automobile sales rose last year for the first time since the recession, increasing 11% from a year earlier.
January 6, 2011Jobless Claims Rise for Week, Decline for Month
Initial jobless claims rose last week but declined in the past month, the Labor Department said Thursday.
January 6, 2011IANA Elects New Chairman, Board
Steven Rubin, president of TRAC Intermodal, has been elected chairman of the board of directors of the Intermodal Association of North America.
January 6, 2011NAFTA Surface Trade Rises 14.9%
Surface transportation trade among the United States, Canada and Mexico rose 14.9% in October from a year earlier, the Department of Transportation said.
January 5, 2011Employers Cut Fewest Number of Jobs Since 1997
U.S. employers announced the fewest job cuts last year since 1997 as the economy continued to recover, according to a private survey released Wednesday, Bloomberg reported.
January 5, 2011ArvinMeritor Completes Sale of Body Business
Truck and auto components maker ArvinMeritor Inc. said it completed the sale of its body systems business to automobile parts provider Inteva Products LLC for $27.3 million.
January 5, 2011