Consumer Confidence Declines in November
U.S. consumer confidence declined this month, according to the preliminary Reuters/University of Michigan monthly consumer sentiment index released Friday.
November 13, 2009Wal-Mart’s 3Q Income Rises
Wal-Mart Stores said that its profit rose 3.2% to $3.24 billion, or 84 cents a share in the quarter ended Oct. 31, compared with $3.14 billion, or 80 cents, a year ago.
November 13, 2009Mullen Group Makes Offer for Livingston
Canadian transporter Mullen Group offered to buy Ontario-based logistics firm Livingston International Income Fund in an all-stock deal that tops a previous buyout offer from a consortium of other investors.
November 13, 2009UPS Wins Manheim Vehicle Contract
UPS Inc. will provide logistics services for used vehicle auctioneer Manheim, the company announced.
November 13, 2009Intermodal Traffic Drops for Week
U.S. intermodal rail traffic fell 9.5% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.
November 13, 2009Second Rock Slide Closes Tenn. State Highway
A Tennessee state highway that is close to the site of a recent big rock slide near the North Carolina border will be closed for at least three weeks due to another rock slide, state officials said.
November 12, 2009ComVest Gets OK to Purchase 80% of Velocity Express
A bankruptcy judge has cleared the sale of package carrier Velocity Express Corp. to private equity firm ComVest, the companies said.
November 12, 2009Express-1 Reports Lower 3Q Income
Express-1 Expedited Solutions earned $811,000, or 3 cents per share, in the third quarter, down from $1.2 million, or 4 cents, a year ago.
November 12, 2009DOT Freight Transportation Index Falls 9.9%
The Department of Transportation’s freight transportation services index fell in September from the previous year, DOT said Thursday.
November 12, 2009Intermodal Traffic Falls 16.4% in 3Q
Intermodal traffic volume fell 16.4% in the third quarter, an improvement over the second quarter’s decline of 18.7%, the Intermodal Association of North American said Thursday.
November 12, 2009