Wholesale Inventories Rise 0.8%
Wholesale inventories rose 0.8% in August, the Commerce Department said Friday.
October 8, 2010Intermodal Traffic Rises for Week
Intermodal rose 16.5% for the week ended Saturday, the Association of American Railroads said.
October 8, 2010Renault Sells $4.4 Billion Stake in Volvo
Renault SA, France’s second-largest automaker, is selling a 14.9% stake in Volvo AB valued at 3.15 billion euros, or about $4.4 billion, Bloomberg reported.
October 7, 2010Jobless Claims Fall 11,000 for Week
Initial jobless claims fell by 11,000 last week, the Labor Department said Thursday.
October 7, 2010UPS to Hire 50,000 Seasonal Workers
UPS will to hire 50,000 seasonal employees for this year’s holiday season, matching last year’s total, news services reported.
October 7, 2010Opinion: Trucking Tech Seizes the Day
Long known for its simplistic and low-tech approach to logistics, the trucking industry fortunately has begun to realize how valuable technology can be in improving productivity and boosting efficiency throughout a company.
October 7, 2010ArvinMeritor Previews ‘Intelligent’ Axle System
Truck component maker ArvinMeritor Inc., Troy, Mich., unveiled a wired “intelligent” axle system that optimizes lubrication during operation. It may improve fuel economy in heavy trucks equipped with the technology, the company said.
October 6, 2010P.A.M. Sells Logistics Unit
P.A.M. Transportation Services said it sold its brokerage operation in Paulsboro, N.J., which did business as East Coast Transport & Logistics.
October 6, 2010U.S. Companies Cut 39,000 Jobs in September, ADP Says
Companies in the U.S. unexpectedly cut 39,000 jobs in September, according to estimates by ADP Employer Services, Bloomberg reported Wednesday.
October 6, 2010ATA Files Supreme Court Brief in Alabama Railroads Case
American Trucking Associations has filed an amicus brief with the U.S. Supreme Court in a case that pits the railroads against the State of Alabama’s fuel tax system.
October 5, 2010