UTi Worldwide’s 3Q Profit Rises
Air and freight forwarder UTi Worldwide’s fiscal third-quarter net income jumped to $26.4 million, or 26 cents a share, from $18 million, or 18 cents, a year earlier.
December 10, 2010Intermodal Traffic Gains 13.8% for Week
Intermodal traffic rose 13.8% last week from a year ago, the Association of American Railroads said.
December 10, 2010Import Prices Rise by Most in a Year
The price of goods imported to the United States jumped by 1.3% in November, the highest this year, the Labor Department said Friday.
December 10, 2010U.S. Trade Deficit Drops 13% in October
The U.S. trade deficit declined 13% in October as a weaker dollar boosted U.S. exports, the Commerce Department said Friday.
December 10, 2010Opinion: Collaborative Distribution
I believe there is no looming capacity shortage and there are plenty of truck drivers, even after we lose more than 200,000 drivers through CSA, as some experts predict.
December 10, 2010Mica to Lead House Transportation Committee
As expected, Florida Republican John Mica will head the House Transportation and Infrastructure Committee when the new Congress convenes in January.
December 9, 2010Wholesale Inventories Increase 1.9%
Wholesale inventories rose 1.9% in October, the Commerce Department said Thursday.
December 9, 2010Supervalu Selling Logistics Unit to Ryder
Grocery store chain Supervalu Inc. said it is selling its Total Logistic Control subsidiary to Ryder System.
December 9, 2010Jobless Claims Fall 17,000 for Week
Initial jobless claims fell by 17,000 last week, the Labor Department said Thursday.
December 9, 2010Oil Slips After Topping $90 a Barrel
Oil declined Wednesday a day after topping $90 a barrel, following a Department of Energy report that showed higher gasoline and diesel inventories, Bloomberg reported.
December 8, 2010