Factory Orders Fall in October
U.S. factory orders decreased 0.9% in October, the first drop in four months, the Commerce Department said Friday.
December 3, 2010Intermodal Traffic Gains 10.8% for Week
Intermodal traffic increased 10.8% last week from the same week last year, the Association of American Railroads reported.
December 3, 2010Unemployment Rate Climbs to 9.8%, Payrolls Rise
The U.S. unemployment rate rose to 9.8% in November, while the total number of jobs and the number of trucking jobs increased, the Labor Department said Friday.
December 3, 2010Patriot Transportation Sets 3-for-1 Stock Split
Tank and bulk carrier Patriot Transportation Holding said its board has approved a 3-for-1 stock split, effective in January.
December 2, 2010Swift IPO Set for This Month Could Top $1 Billion
Swift Holdings Corp. said it plans to raise as much as $1.01 billion in an initial public offering this month that could be the largest ever for a truckload fleet.
December 2, 2010Fed Reports Improving Transportation Demand in Many Areas
U.S. economic activity continued to improve between October and mid-November, and demand for transportation services increased in many areas, the Federal Reserve said.
December 2, 2010Jobless Claims Jump 26,000 for Week
Initial jobless claims rose by 26,000 last week, the Labor Department said Thursday.
December 2, 2010Vitran Sells Truckload Unit Frontier Transport
Vitran Corp. said it sold truckload carrier Frontier Transport Corp. to Online Transport, an Indianapolis-based carrier, for about $5 million.
December 1, 2010ISM Manufacturing Index Shows Continued Expansion
U.S. manufacturing activity slipped slightly in November but showed continued expansion for the 16th straight month, the Institute for Supply Management said Wednesday.
December 1, 2010Construction Spending Rises 0.7% in October
Construction spending rose 0.7% in October, the Commerce Department said.
December 1, 2010