Consumer Sentiment Index Rises in June
U.S. consumer confidence rose this month for the fourth consecutive time in June, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
June 26, 2009Personal Spending Rises 0.3% in May
Consumer personal spending rose 0.3% in May, the Commerce Department said Friday.
June 26, 2009Roadcheck 2009 Results Show Improvement, CVSA Says
Roadcheck 2009 inspections showed significant declines in vehicle and driver out-of-service rates as well as safety belt violations, the Commercial Vehicle Safety Alliance said Thursday.
June 25, 2009Canadian Trucking Lost 3,300 Jobs in April
The Canadian trucking industry lost 3,300 jobs in April, making it the third-worst industry in the country for that month, Statistics Canada reported.
June 25, 2009First-Quarter GDP Revised to 5.5% Contraction
The U.S. economy contracted at an annual rate of 5.5% in the first quarter, a better reading than two previous estimates, the Commerce Department said Thursday.
June 25, 2009DOT Releases $140 Million for Transport Projects
The Department of Transportation said it has released about $140 million in federal aid this week to assist 249 transportation improvement projects around the country.
June 24, 2009Ryder Earns 3PL Cross-Border Security Certification
Ryder System said it has been certified as a third-party logistics provider in the Custom-Trade Partnership Against Terrorism program, an initiative that seeks to promote supply chain security and reduce border vulnerabilities.
June 24, 2009New Home Sales Fall 0.6%
New home sales fell 0.6% in May, the Commerce Department said Wednesday.
June 24, 2009Opinion: Factoring: What You Don’t Know Can Hurt You
At one time or another, every business finds itself undercapitalized. Unfortunately, in these tough economic times, qualifying for a line of credit can be extremely difficult. As a result, increasing numbers of transportation companies are looking into factoring, with many of them taking the plunge and selling their accounts receivable to a factor.
June 24, 2009Durable Goods Orders Rise 1.8%
Durable goods orders rose 1.8% in May, matching April’s increase, the Commerce Department said Wednesday.
June 24, 2009