ISM Factory Index Shows Expansion in January
The Institute for Supply Management’s manufacturing index moved into positive territory and showed expansion in January, ISM said Friday.
February 1, 2008Opinion: Reality-Based Carrier Pricing and Driver Pay
Events in the year just ended could foreshadow changes in the way trucking is priced. While some developments involved new trucking technology, others have resulted from legal, legislative and regulatory developments.
February 1, 2008Consumer Sentiment Improves in January
U.S. consumer confidence rose in January, according to the University of Michigan’s monthly consumer sentiment index released Friday.
February 1, 2008Panel Recommends NYC Congestion-Fee Plan
The commission in charge of creating congestion-fee plan for New York City voted Thursday to approve a scaled-down version of an original proposal, but the plan would still charge cars and most trucks fees to enter the central part of Manhattan, the Associated Press reported.
February 1, 2008Ryder’s Fourth-Quarter Income Improves
Ryder System said Friday its fourth-quarter profit rose 9.3%, as its contract business improved.
February 1, 2008Unemployment Rate Dips to 4.9%; Payrolls Decline
The U.S. unemployment rate dipped to 4.9% in January from 5% in December, though payrolls declined, the Labor Department said Friday.
February 1, 2008Rail, Intermodal Fall for Week
Rail carload and intermodal traffic fell for week ended Saturday compared with a year ago, the Association of American Railroads said.
February 1, 2008NAFTA Surface Trade Climbs 8.6%
Surface trade among the United States, Canada and Mexico jumped 8.6% in November from a year earlier, the Department of Transportation said Thursday.
January 31, 2008New Border Security Rules Take Effect
New rules for the types of identification that U.S. and Canadian citizens must present to cross into the country took effect Thursday and authorities were optimistic the changes would not cause significant delays, the Associated Press reported.
January 31, 2008Landstar’s Fourth-Quarter Profit Improves
Truckload carrier Landstar System said Thursday its fourth-quarter net income rose to $29 million, or 54 cents a share, from $28.7 million, or 50 cents, a year earlier.
January 31, 2008