Intermodal Traffic Declines for Week
Rail and intermodal traffic declined last week compared with the same week a year ago, the Association of American Railroads said.
November 6, 2008Navistar Plans Production Cuts at Ontario Plant
Navistar International Corp. will scale back production and could lay off as many as 500 workers at its Ontario, Canada, truck plant, the Canadian Press reported Thursday.
November 6, 2008Xata’s 4Q, Year-End Losses Narrow
Transportation software firm Xata Corp. said Thursday it lost $373,000, or 5 cents a share, in its fiscal fourth quarter, compared with a loss of $4.5 million, or 57 cents, a year ago.
November 6, 2008Mullen’s Third-Quarter Income Slips
Canadian transportation firm Mullen Group Income Fund said Thursday its third-quarter profit slipped to C$36.2 million, from C$38 million a year ago, while earnings per unit held at 45 cents.
November 6, 2008Third-Quarter Productivity Rises 1.1%
Third-quarter U.S. worker productivity rose 1.1% in the third quarter, the Labor Department said Thursday.
November 6, 2008Obama Eyes Infrastructure Spending to Stimulate Economy
President-elect Barack Obama may put spending on roads and bridges at the top of his agenda for stimulating U.S. economic growth, Bloomberg reported Wednesday.
November 5, 2008Ohio Carriers Protest Hikes in Overweight-Truck Fees
Trucking firms and agriculture interests, along with the City of Toledo, Ohio, are protesting a big hike in state fees for overweight vehicles, the Toledo Blade newspaper reported Wednesday.
November 5, 2008ISM Services Index Slips Into Contraction
The U.S. economy’s service sector declined in October, the Institute for Supply Management said Wednesday.
November 5, 2008Letters to the Editor: LTL Reweighing; DOE’s Fuel Surveys; TWIC: Why Bother?; Limit Cars, Not Rigs; Goodbye, California
The letter writer who commented on less-than-truckload reweighing in the Oct. 13 issue of Transport Topics has led a sheltered experience in the trucking industry.
November 5, 2008Expeditors’ 3Q Income Improves
Logistics firm Expeditors International of Washington said its third-quarter net income rose 15% to $85.5 million, or 39 cents a share, from $74.3 million, or 34 cents, a year ago.
November 4, 2008