Factory Orders Rise 0.9% in November
Factory orders rose 0.9% in November, the Commerce Department reported Thursday.
January 4, 2007ISM Manufacturing Index Rebounds from Contraction
The Institute for Supply Management said Wednesday its manufacturing index for December rose to 51.4 from a 49.5 reading, which had been the first contraction in more than three years.
January 3, 2007EGL’s CEO Offers to Take Company Private in $1.2 Bln. Buyout
Transportation and logistics firm EGL Inc.’s Chief Executive Officer James Crane and an investment firm offered to take the company private in a $1.2 billion buyout, the company said.
January 3, 2007HOS Rules in Canada Took Effect This Week
New Canadian hours-of-service rules for commercial drivers took effect Monday, but officials said it was not clear when most provinces would adopt and enforce them.
January 3, 2007Letters to the Editor: 68 Miles Per Hour (Continued)
It looks like the only way the big companies can save face with shippers and receivers is to force smaller companies like us to downgrade our services to match their dysfunctional programs.
January 3, 2007Construction Spending Declines for Third Straight Month
U.S. construction spending fell for a third straight month in November, declining 0.2%, the Commerce Department said Wednesday.
January 3, 2007ABF Freight System Expands Services to Central, Southern States
Less-than-truckload carrier ABF Freight System said late Tuesday it has expanded its regional transportation network to include central and southern states.
January 3, 2007Diesel Price Declines 1.6¢ to $2.58 a Gallon
The national average retail price of diesel fuel fell 1.6 cents to $2.58 a gallon, the Department of Energy said Tuesday.
January 3, 2007U.S. Border Remains Closed to Trucks From Mexico
The Department of Transportation went from being “very close” to opening the border with Mexico to trucks, to preparing a pilot project to allow such trucks to enter the country, to having the border shuttered indefinitely to Mexican truck traffic.
January 3, 2007N.D. Trucking Firm Lewis Transportation Closes Doors
Fargo, N.D., trucking firm Lewis Transportation, which has employees in at least seven states, is shutting down after 43 years of operation, the Associated Press reported.
January 2, 2007