Consumer Confidence Dips in October
Consumer confidence declined this month, according to a preliminary monthly report by the University of Michigan, released Friday.
October 12, 2007Business Inventories Edge Up 0.1%
Business inventories rose just 0.1% in August, while sales fell 0.4%, the Commerce Department said Friday.
October 12, 2007Rail, Intermodal Traffic Drop for Week
Rail and intermodal traffic continued declined for the week ended Saturday from a year ago, the Association of American Railroads said Thursday.
October 11, 2007Chrysler, UAW Settle After Brief Strike
Chrysler LLC and the United Auto Workers union ended a brief strike after agreeing on a contract similar to one signed recently between the UAW and General Motors Corp., Bloomberg reported.
October 11, 2007Forward Air Says 3Q Income to Decline
Forward Air Corp., a contractor to the air cargo industry, said late Wednesday it expects to earn 35 cents 37 cents for the third quarter, down from a year ago.
October 11, 2007Jobless Claims Decline for Week
Initial jobless claims fell by 12,000 last week, the Labor Department said Thursday.
October 11, 2007TTNews.com to Close for Columbus Day
TTNews.com will be closed Monday for the Columbus Day holiday. Please check back on Tuesday, Oct. 14, for the latest trucking and freight transportation news.
October 10, 2007DOT Transport Index Flat in August
The Department of Transportation’s freight transportation services index for August was flat compared with a year ago, DOT said Wednesday.
October 10, 2007Diesel Dips 1.3¢ to $3.035
The national average pump price of diesel fuel fell 1.3 cents to $3.035 a gallon, the Department of Energy said Tuesday.
October 10, 2007BAX Sets Mexico Flights
BAX Global said it is expanding its overnight distribution capabilities between the United States, Mexico and Canada by adding an additional air cargo flight into Mexico, starting next Monday.
October 10, 2007