Consumer Confidence Improves
U.S. consumer confidence improved this month, according to the Reuters/University of Michigan’s preliminary monthly consumer sentiment index released Tuesday.
January 16, 2009CPI Falls 0.7% in December; Gained 0.1% for Year
Consumer prices fell 0.7% in December led by declining energy costs and slowing the declines of previous months, the Labor Department said Friday.
January 16, 2009Rail, Intermodal Traffic Decline for Week
Rail and intermodal traffic fell for the week ended Jan. 10 from a year ago, the Association of American Railroads said.
January 16, 2009TTNews.com Closed for Martin Luther King Day
Transport Topics Online will be closed Monday for the Martin Luther King Jr. Day holiday. Please check back on Tuesday, Jan. 19, for the latest trucking and freight transportation news.
January 15, 2009Philadelphia Fed Factory Index Shrinks
Manufacturing levels in the Philadelphia region contracted in January, the Federal Reserve Bank of Philadelphia said Thursday. It was the 13th month of contraction in the last 14 months.
January 15, 2009Economic Activity Declined Into New Year, Fed Reports
The U.S. economy weakened across almost all regions at the end of last year, hurt by a lack of credit and declines in retail sales, the Federal Reserve reported.
January 15, 2009Jobless Claims Rise 54,000 for Week
Initial jobless claims rose last week by 54,000 claims, to 524,000 for the week ended Saturday, the Labor Department said Thursday.
January 15, 2009Business Inventories See Third Straight Month of Decline
Business inventories fell 0.7% in November, the third consecutive month of decline, the Commerce Department said Wednesday.
January 14, 2009DOT Freight Transport Index Drops 2.4% in November
The Department of Transportation’s freight transportation services index fell 2.4% in November from a year earlier, DOT said Wednesday.
January 14, 2009ATA Names 2009-2010 America’s Road Team
American Trucking Associations has named the 18 truck-driver captains of its 2009-2010 America’s Road Team.
January 14, 2009