Consumer Prices Jump 0.8% in November
The consumer price index jumped 0.8% in November, led by increases in energy costs, the Labor Department said Friday.
December 14, 2007Intermodal Traffic Dips for Week
Rail carload traffic rose but intermodal levels fell for the week ended Saturday compared with the same week last year, the Association of American Railroads said Thursday.
December 14, 2007Freight Slump May Continue Into First Half of ’08, Report Says
U.S. railroads and trucking companies may see weak demand at least through the first half of next year, according to a report from Fitch Ratings, Bloomberg reported.
December 14, 2007OOIDA, ATA Ask DOT to Reject Pa. I-80 Tolling
The Owner-Operator Independent Drivers Association sent a letter to the U.S. Department of Transportation asking the agency to deny the Pennsylvania Turnpike Commission’s request to toll Interstate 80.
December 13, 2007Business Inventories Rise 0.1%
Business inventories rose 0.1% in October, while sales jumped 0.7% for second straight month, the Commerce Department said Thursday.
December 13, 2007Retail Sales Jump 1.2% in November
Retail sales rose 1.2% in November, the Commerce Department said Thursday.
December 13, 2007Producer Prices Jump 3.2% in November
Prices paid to U.S. producers jumped 3.2% in November — the fastest pace in 34 years, the Labor Department said Thursday.
December 13, 2007Jobless Claims Dip by 7,000 for Week
Initial jobless claims fell by 7,000 last week to 333,000, the Labor Department said Thursday.
December 13, 2007DOT Freight Index Slips
The Department of Transportation’s freight transportation services index for October slipped 0.3% from the same month last year, though it rose from September’s level.
December 13, 2007International Reports Accord with UAW
International Truck and Engine Corp. and the United Auto Workers union have reached tentative agreement on new three-year labor contracts, International said Wednesday.
December 12, 2007