Jobless Claims Fall for Week
Initial jobless claims fell by 20,000 last week but those collecting continuing claims reached another new record, the Labor Department said Thursday.
April 9, 2009Wholesale Inventories Fall 1.5%
Wholesale inventories fell 1.5% in February, as sales at wholesalers fell for the first time in eight months, the Commerce Department said Wednesday.
April 8, 2009DOT Freight Index Falls 6% in February
The Department of Transportation’s freight transportation services index fell 6% in February from a year earlier, its lowest level for the month of February in six years, DOT said Wednesday.
April 8, 2009UPS Freight Expands North American Service
UPS Freight, the less-than-truckload unit of UPS Inc., said it will expand service to Mexico and include customs brokerage capabilities and a single invoicing for all services between the U.S., Canada and Mexico.
April 8, 2009Ryder Lowers 1Q Outlook
Ryder System Wednesday cut its first-quarter forecast, saying the ongoing recession has hurt its freight volumes and reduced demand.
April 8, 2009YRC’s First-Quarter Freight Falls 29%
Less-than-truckload carrier YRC Worldwide said its first-quarter freight volume fell 29% in the first quarter from a year ago because of the weak economy and its cost-cutting initiatives, Bloomberg reported Tuesday.
April 7, 2009Groups Urge Resolution of Mexican Truck Issue
An ad hoc coalition including the National Pork Producers Council and 140 other business, manufacturing and agricultural organizations, sent a letter Tuesday to President Obama urging him to quickly resolve a dispute with Mexico over allowing its trucks to transport goods into the United States.
April 7, 2009Navistar, Caterpillar Set Vocational Truck Venture
Caterpillar Inc. and Navistar International Corp. said they have agreed to jointly produce a new line of heavy-duty vocational trucks.
April 7, 2009National Trailer Dealers Association Cancels Convention
The National Trailer Dealers Association has canceled its 2009 convention, citing a need among its members to save money.
April 7, 2009Con-way Sets Consolidation and Distribution Service
Con-way Inc. Tuesday announced a new consolidation and distribution service for shippers and consignees.
April 7, 2009