China Trucking Panel Set for MCE
Opportunities in trucking and logistics in China’s burgeoning economy will be the subject of a panel discussion at American Trucking Associations’ annual meeting in Orlando, Fla., next week.
October 19, 2007Covenant Takes Third-Quarter Loss
Covenant Transportation Group reported it lost $3.6 million or 25 cents a share, compared with a net income of $795,000 or 6 cents a year earlier.
October 19, 2007Philadelphia Factory Index Dips
Manufacturing levels declined in the Philadelphia area this month, the Federal Reserve Bank of Philadelphia said Thursday.
October 18, 2007Knight’s Third-Quarter Earnings Decline
Truckload carrier Knight Transportation’s third-quarter profit fell to $14.5 million or 17 cents a share, from $18.9 million or 22 cents a year ago.
October 18, 2007Leading Economic Indicators Rise 0.3%
An index of leading economic indicators rose 0.3% in September, the New York-based Conference Board said Thursday.
October 18, 2007Fed ‘Beige Book’ Notes Mixed Trucking Activity
A report from the Federal Reserve’s regional banks suggested that economic activity continued to expand, although trucking’s outlook varied by region.
October 18, 2007Peters Asks Congress to Approve Mexican Truck Program
Transportation Secretary Mary Peters asked Congress Wednesday to reconsider its pending prohibition and let a cross-border trucking demonstration program between the United States and Mexico proceed.
October 17, 2007Oil Inventories Rise; Crude Tops $87 a Barrel
Inventories of crude oil, gasoline and distillate fuel all rose last week, the Energy Department reported Wednesday, following Tuesday’s closing-price crude oil record of more than $87 a barrel.
October 17, 2007Consumer Price Index Rises 0.3% in September
The consumer price index rose 0.3% in September, led by increases in food and fuel, the Labor Department said Wednesday.
October 17, 2007Housing Starts Fall to Lowest Level in 14 Years
Housing starts in September fell to the lowest level since 1993, the Commerce Department said Wednesday.
October 17, 2007