Truck Tonnage Decline Slows in July
U.S. truck tonnage fell 10.4% in July from the same month last year, the best year-to-year showing since February, American Trucking Associations said.
August 27, 2009Volvo’s July North American Truck Deliveries Drop 46%
Volvo AB’s North American truck deliveries fell 46% in July from a year ago, Bloomberg reported Thursday.
August 27, 2009World Trade Showed 2.5% Upturn in June
World trade rose 2.5% in June from May, suggesting that global trade sluggishness could be bottoming out, the Wall Street Journal reported Thursday.
August 27, 2009GDP Decline Shows 1% Second-Quarter Drop
The U.S. economy contracted at an annual rate of 1% in the second quarter, matching an earlier estimate, the Commerce Department said Thursday.
August 27, 2009Initial Jobless Claims Decline for Week
Initial jobless claims fell by 10,000 last week from the previous week, the Labor Department said Thursday.
August 27, 2009YRC Names Chief Strategy Officer
YRC Worldwide said its board has elected Richard Williamson to be the company’s first chief strategy officer to “coordinate and oversee” the less-than-truckload carrier’s recovery process.
August 27, 2009Oil Falls Below $72 in Second Straight Drop
Oil fell for a second day Wednesday as the dollar strengthened, dropping to below $72 a barrel, Bloomberg reported.
August 26, 2009July New Home Sales Rise 9.6%
New home sales rose 9.6% in July, on the heels of a big jump in June, the Commerce Department said Wednesday.
August 26, 2009Durable Goods Orders Jump 4.9%
Durable goods orders jumped 4.9% in July, the Commerce Department said Wednesday.
August 26, 2009Two Truckload Carriers Install Software to Help With Routing, Fuel Purchasing
Truckload carriers C.R. England and Knight Transportation each recently announced they were investing in new software aimed at making its routing and fuel purchasing more efficient.
August 26, 2009