Factory Orders Increase in September
U.S. factory orders grew 2.1% in September, the Commerce Department said Wednesday.
November 3, 2010ISM Services Index Grows in October
The U.S. economy’s service sector expanded at a faster pace in October, the Institute for Supply Management said Wednesday.
November 3, 2010Wabash National’s 3Q Loss Narrows
Trailer manufacturer Wabash National Corp. late Tuesday reported a third-quarter loss of $1.9 million, or 3 cents per share, compared with a loss of $66.4 million, or $2.23, a year ago.
November 2, 2010Truck Tolls to Rise on NYC Tunnels, Bridges
Truck tolls will rise on six of the seven major bridges and tunnels operated within New York City by the Metropolitan Transportation Authority, beginning Dec. 30.
November 2, 2010Tire Makers Cite Higher Costs; Set Price Increases
Bridgestone Americas Tire Operations said it was boosting tire prices 8% due to higher energy and raw materials costs, and other tire makers also cited rising costs in their recent earnings statements.
November 2, 2010Expeditors’ Third-Quarter Profit Jumps
Logistics firm Expeditors International of Washington’s third-quarter profit jumped to $96.1 million, or 44 cents a share, from $57.8 million, or 27 cents, a year ago, a per-share gain of 63%.
November 2, 2010Most U.S.-Bound Air Cargo Is Not Screened, Paper Reports
Only about 20% of the 9 billion pounds of air cargo that comes to the United States from overseas each year is physically checked for bombs, USA Today reported Tuesday.
November 2, 2010Opinion: Upgrade Your Sales Process
As freight markets rebound, the winning carrier will be the one that outsells its peer group in the growth and retention of profitable business — a goal best achieved by improving the company’s sales process.
November 2, 2010Diesel Holds at $3.067 a Gallon
Diesel’s pump price held at $3.067 a gallon, the fifth straight week it has been at least $3 a gallon, while gasoline dipped just over a penny, the Department of Energy said Monday.
November 2, 2010ABF Sues YRC Unit, Teamsters Union Over Master Freight Contract
ABF Freight System said it filed legal actions Monday against units of YRC Worldwide and the Teamsters union for what it said were violations of the National Master Freight Agreement collective bargaining agreement that covers most U.S. unionized trucking employees.
November 1, 2010