Consumer Confidence Index Plunges to 16-Year Low
U.S. consumer confidence fell this month, reaching a 16-year low, according to the Reuters/University of Michigan monthly consumer sentiment index, released Friday.
February 15, 2008New York State Manufacturing Index Contracts
Manufacturing growth in New York state contracted in February, the Federal Reserve Bank of New York said Friday.
February 15, 2008January Import Prices Rise 1.7%
The price of goods imported to the United States rose 1.7% in January, the Labor Department said Friday.
February 15, 2008N.J. Tolls Plan Could Cut Trucking, Warehouse Business
Trucking companies and warehouses in New Jersey that are bracing for higher tolls may exit the state altogether to avoid what could be 800% increases in toll costs by 2020, the New York Times reported Thursday.
February 14, 2008Trade Gap Narrows in December
The U.S. trade deficit narrowed in December by 6.9%, the Commerce Department said Thursday.
February 14, 2008TTNews to Close Monday for Holiday
Transport Topics Online will be closed Monday for the Presidents’ Day holiday. Please check back on Tuesday, Feb. 17, for the latest trucking and freight transportation news.
February 13, 2008DOT Freight Index Drops
The Department of Transportation’s freight transportation services index for December fell 0.1% from a year earlier, DOT said Wednesday.
February 13, 2008Rush Reports Lower 4Q Earnings
Truck dealership Rush Enterprises said its fourth-quarter earnings dipped to $12.3 million, or 32 cents a share, from $15.9 million, or 42 cents, for the previous fourth quarter.
February 13, 2008Retail Sales Rise 0.3% in January
Retail sales rose 0.3% in January, the Commerce Department said Wednesday.
February 13, 2008Court Hears Arguments on Mexican Trucks Program
A federal appeals court heard arguments Tuesday whether the Bush administration can go ahead with the Transportation Department’s Mexican trucks pilot program, the Associated Press reported.
February 12, 2008