Freightliner Cutting Production at N.C. Truck Plants
Freightliner Trucks will sharply reduce truck production and work forces at two North Carolina truck plants, the Charlotte Observer reported Friday.
January 9, 2009Flooded Stretch of I-5 in Washington State to Reopen Friday
The Washington state Department of Transportation plans to reopen a 20-mile stretch of Interstate 5 Friday afternoon near Chehalis, Wash., that was closed for two days due to heavy flooding, the Associated Press reported.
January 9, 2009Rail, Intermodal Traffic Fall for Week
Rail and intermodal traffic fell for the week ended Jan. 3 from a year ago, the Association of American Railroads said.
January 9, 2009Unemployment Rate Jumps to 16-Year High of 7.2%
The U.S. unemployment rate jumped to 7.2% in December, a 16-year high, from 6.5% in November, the Labor Department said Friday.
January 9, 2009Editorial: An Interesting New Year
Having passed through one of the toughest, most volatile economic years that trucking has experienced could make one antsy about the future. We may look ahead with deep trepidation, or we can greet the journey as a thrilling adventure.
January 8, 2009Wal-Mart Cuts Earnings Forecast
Wal-Mart Stores slashed its earnings forecasts after the worst holiday-shopping season in 40 years squeezed retail profit margins, Bloomberg reported Thursday.
January 8, 2009NAFTA Surface Trade Falls 2.1% in October
Surface trade among the United States, Canada and Mexico fell 2.1% in October from a year earlier, the Department of Transportation said Thursday.
January 8, 2009Jobless Claims Fall For Week
Initial jobless claims fell last week by 24,000 claims, to 467,000 for the week ended Saturday, the Labor Department said Thursday.
January 8, 2009States’ Stimulus Plans Differ From Obama’s
Plans by some states for spending on new highways may undermine the planned economic stimulus, which would focus on existing roads and new transit systems, Bloomberg reported.
January 7, 2009Daimler Forms Truck Venture with Chinese Firm
Daimler AG and China’s Beiqi Foton Motor Co. have agreed to form a venture in Beijing to make trucks and engines, Bloomberg reported Wednesday.
January 7, 2009