Norfolk Southern Wins Ethanol Depot Ruling
A federal judge ruled that Norfolk Southern Corp. can continue operating an ethanol-transfer station in Alexandria, Va., overruling a local ordinance, Bloomberg reported.
April 17, 2009Consumer Confidence Index Improved in April
U.S. consumer confidence rose this month to the highest level since September, according to the Reuters/University of Michigan’s preliminary monthly consumer sentiment index released Friday.
April 17, 2009Housing Stars Fall 10.8% in March
New housing starts fell 10.8% in March after rising in February, the Commerce Department said Thursday.
April 16, 2009Philadelphia Factory Index Improves, but Still Shows Contraction
Manufacturing levels in the Philadelphia region continued to contract this month, the Federal Reserve Bank of Philadelphia said Thursday.
April 16, 2009Economy Continues to Contract, Fed Says
The U.S. economy continued to decline from the end of February through the beginning of April, affecting transportation industry services and demand, the Federal Reserve said Wednesday.
April 15, 2009Consumer Price Index Dips 0.1%
The consumer price index fell 0.1% in March and declined over the past year for the first time in 54 years, the Labor Department said Wednesday.
April 15, 2009New York Manufacturing Index Improves
Manufacturing activity in the New York region improved this month, the Federal Reserve Bank of New York said Wednesday.
April 15, 2009Diesel Price Projected to Rise, DOE Says
Diesel fuel will average $2.23 a gallon this quarter and rise to $2.31 in the third quarter, the Energy Department said.
April 14, 2009DOT Advising White House on Mexican Trucking Issue
Transportation Secretary Ray LaHood has sent the White House recommendations aimed at ending a trucking dispute with Mexico, expected to be high on the agenda when President Obama visits Mexico later this week, Reuters reported.
April 14, 2009SoCal Ports Facing West Coast Competition
The Southern California Ports of Los Angeles and Long Beach are losing business to other West Coast ports, even as the Port of Long Beach approved a $750 million expansion, news services reported.
April 14, 2009