Initial Jobless Claims Fall to One-Year Low
Initial jobless claims fell to their lowest level in a year, the Labor Department reported Thursday.
December 3, 2009Dynamex Reports Lower 1Q Income
Logistics and delivery firm Dynamex Inc.’s fiscal first-quarter profit fell slightly to $3.03 million, or 31 cents a share, from $3.05 million, or 30 cents, a year ago.
December 2, 2009Economy, Transport Activity Show Modest Increases, Fed Says
The U.S. economy improved modestly from October through mid-November as consumer spending rose in most areas and transportation activity showed some signs of improvement, the Federal Reserve said.
December 2, 2009Navistar Sets Venture to Build Electric Trucks
Navistar International Corp. said Wednesday that one of its affiliates will create a joint venture with U.K.-based Modec Ltd. to build Class 2 and 3 all-electric commercial trucks in the United States for sale to North, Central and South American markets.
December 2, 2009November Auto Sales Improve
U.S. auto sales improved year-over-year in November for the first time this year without a government-backed stimulus plan involved, a signal that buyers are returning to showrooms as the economy stabilizes, Bloomberg reported.
December 2, 2009UPS Chief Predicts Modest Gain in Holiday Shipments
UPS Inc.’s chief executive officer said he expects shipments to increase in the low single-digit range from a year ago during the peak season between Thanksgiving and Christmas, boosted by online purchases, Bloomberg reported.
December 2, 2009Opinion: Leasing Makes Hybrid Trucks Affordable
Interest in adopting environmental initiatives remains high among trucking firms in spite of the difficult economic conditions in which they’re operating, according to a new survey conducted by PHH Arval. Results of that survey were reported in the Transport Topics 2009 “Top 100 Private Carriers” supplement to the Aug. 3 issue.
December 2, 2009Bill Calls for Study of Cargo Tank Rollovers
A provision in the hazmat safety bill pending passage by the full House instructs the Department of Transportation to issue a report summarizing the agency’s research and its efforts to address the growing problem of cargo tank truck rollovers.
December 1, 2009Colo., N.C. Set Text-While-Driving Bans
Colorado and North Carolina have joined what is now nearly two dozen states banning texting while driving.
December 1, 2009NAFTA Surface Trade Declines in September
Surface transportation trade among the United States, Canada and Mexico fell 20.2% in September from a year earlier, the Department of Transportation said Tuesday.
December 1, 2009