Opinion: ‘Remember Last Mile? You Should.
If transportation publications carried “Where are they now?” stories, last-mile delivery might be one of the first functions profiled.
April 16, 2010Fed Report Shows Improved Transport Activity
The U.S. economy improved in most of the Federal Reserve’s 12 districts in March, with the transportation sector improving in most areas, the Fed said.
April 15, 2010Philadelphia Factory Index Rises
Manufacturing levels in the Philadelphia region expanded in March at the fastest pace in four months, the Federal Reserve Bank of Philadelphia said Thursday.
April 15, 2010Industrial Production Improves, Led by Factory Output
Industrial production rose 0.1% in March, following a 0.2% gain in February, the Federal Reserve said Thursday.
April 15, 2010Jobless Claims Increase for Week
Initial jobless claims rose by 24,000 last week, in part due to the volatility around the Easter holiday, the Labor Department said Thursday.
April 15, 2010New York Manufacturing Index Rises
Manufacturing activity in the New York region grew this month for the ninth consecutive month, the Federal Reserve Bank of New York said Thursday.
April 15, 2010UPS Sees Higher First-Quarter Results
UPS Inc. said its first-quarter earnings per share will increase to 53 cents, from 40 cents a year ago, while adjusted earnings will be 71 cents, up from 52 cents last year.
April 15, 2010J.B. Hunt’s 1Q Earnings Improve
J.B. Hunt Transport Services said its first-quarter net earnings increased to $37.5 million, or 29 cents per share, from $30.8 million, or 24 cents, a year ago. Revenue rose 17% to $845 million.
April 14, 2010Landstar’s 1Q Income Grows
Truckload carrier Landstar System’s first-quarter net income rose to $17.2 million, or 34 cents a share, from $13.9 million, or 27 cents, a year ago.
April 14, 2010Rep. DeFazio Urges Repeal of Mexican Trucks Program
Rep. Peter DeFazio (D-Ore.) sent a bipartisan letter signed by 78 Members of Congress Wednesday to Transportation Secretary Ray LaHood and U.S. Trade Representative Ron Kirk, asking that they consider repealing the program that opens U.S. roadways to Mexican trucks.
April 14, 2010