Intermodal, Rail Traffic Fall for Week
Intermodal rail traffic in the United States fell 16.6% last week compared with the same week last year, the Association of American Railroads said.
August 14, 2009Second Man Sentenced in Load-Board Fraud
A Los Angeles man has been sentenced to serve more than four years in federal prison and pay $2.7 million in restitution to 300 trucker and broker victims for his part in an Internet load-board scheme that included hacking into the Federal Motor Carrier Safety Administration’s Web site.
August 14, 2009Oil Drops $3 to Close Week Below $68 a Barrel
Oil prices fell more than $3 Friday to below $68 a barrel, a two-week low, following a report that showed consumer confidence fell this month, Bloomberg reported.
August 14, 2009Trimac Reports Lower 2Q Income
Canada-based transportation firm Trimac Income Fund earned C$1.1 million, or 3 cents per unit, in the second quarter, compared with C$2.6 million, or 9 cents, a year ago,
August 13, 2009Trailer Bridge’s Returns to Profit in 2Q
Trailer Bridge Inc. said its second-quarter profit grew to $0.7 million, or 5 cents per share, in the second quarter, from a loss of $0.3 million, or 3 cents, the previous year.
August 13, 2009Business Inventories Decline in June
Business inventories fell 1.1% in June, marking the 10th consecutive decline, though sales rose, the Commerce Department said Thursday.
August 13, 2009Accuride Reports 2Q Loss on Soft Demand
Commercial vehicle component maker Accuride Corp. said it lost $36.1 million, or $1 per share, in the second quarter, compared with a profit of $3.4 million, or 10 cents, a year ago.
August 13, 2009Wal-Mart’s 2Q Income Steady
Wal-Mart Stores said Thursday its fiscal second-quarter profit was 88 cents per share, at the top end of its guidance.
August 13, 2009Retail Sales Fall 0.1% in July
Retail sales fell 0.1% in July, the first decline in three months, the Commerce Department said Thursday.
August 13, 2009Jobless Claims Rise for Week
Initial jobless claims rose to 558,000 last week, the Labor Department said Thursday.
August 13, 2009