Business-Equipment Orders Show First Decline in Five Months
Orders placed with U.S. factories for business equipment unexpectedly declined in August, the first drop in five months, marking a pause from solid gains in manufacturing, Commerce Department figures showed Sept. 27.
Second Straight Drop in Retail Sales Shows Tepid Spending
Retail sales unexpectedly dropped for a second month in June, signaling consumers are providing only modest support for the U.S. economy, Commerce Department data showed July 14.
Narrower Trade Gap May Boost Growth Pace in Second Quarter
The narrower U.S. merchandise trade deficit and increases in inventories may boost analysts’ tracking estimates of economic growth this quarter.
LTL Fleets Offering Short-Term Storage, Shift to Smaller Trucks for E-Commerce
Less-than-truckload companies hoping to capitalize on e-commerce are offering shippers short-term storage in terminals and shifting more business from Class 8 trucks to Class 5 and Class 6 straight trucks, according to industry executives.
Sen. John Thune Officially Named Chairman of Commerce Committee
As expected, the U.S. Senate on Jan. 8 ratified Sen. John Thune (R-S.D.) as the next chairman of the Commerce, Science and Technology Committee during the 114th Congress.
STB to Review Whether Calif. Rail Idling Plan Violates Federal Interstate Commerce Law
The Surface Transportation Board is stepping into a California rail dispute by announcing its intention to decide whether a federal interstate commerce law prevents a local agency from advancing its plan to reduce locomotive idling.
March 10, 2014Reese Taylor Jr., Chairman of ICC in 1981 as Deregulation Began, Dies at Age 81
Reese Taylor Jr., who was chairman of the Interstate Commerce Commission when the Motor Carrier Act of 1980 was implemented, died April 16 in Las Vegas. He was 81.
May 3, 2010