Unemployment Rate Rises to 9.5%
The U.S. unemployment rate rose to 9.5% in June from 9.4% in May, the Labor Department said Thursday.
July 2, 2009Jobless Claims Fell Last Week
Initial jobless claims fell by 16,000 last week, the Labor Department said Thursday.
July 2, 2009Opinion: Consider GAAP Financial Statements
Finding quality financing for trucks and trailers recently has become more difficult for many trucking companies. The market has changed. Since last autumn, several transportation lenders have exited the business either permanently or temporarily, in large part because of losses and a lack of liquidity.
July 2, 2009NAFTA Surface Trade Declines Again
Surface transportation trade among the United States, Canada and Mexico fell 33.1% in April from a year earlier, the Department of Transportation said Wednesday.
July 1, 2009YRC, Teamsters Continuing Negotiations
Less-than-truckload carrier YRC Worldwide Inc. and the Teamsters union have traded plans this week to help the company generate short-term cash, the Teamsters said.
July 1, 2009ISM Manufacturing Index Improves in June
Manufacturing levels in the U.S. improved last month but still showed overall contraction, the Institute for Supply Management said Wednesday.
July 1, 2009UPS, Ford Extend Vehicle Delivery Pact
UPS Inc. has extended its vehicle logistics services contract with Ford Motor Co. through the end of 2012.
July 1, 2009Consumer Confidence Retreats in June
Consumer confidence fell in June after seeing a big rise in May, the New York-based Conference Board said.
July 1, 2009EPA Grants Calif. Waiver on Greenhouse Gas Emissions
The Environmental Protection Agency has granted California permission to set its own standards on greenhouse gas emissions from cars and light trucks.
June 30, 2009Flash Global Logistics Sees Strongest Six Months
Supply chain services company Flash Global Logistics said that the first half of 2009 was the company’s strongest six months, with the company adding 66 locations in China and adding new clients.
June 30, 2009