January Tonnage Drops 10.8%
January truck tonnage fell 10.8% below year-ago levels, the fourth consecutive year-over-year decline and another signal the freight recession shows no signs of bottoming out yet, American Trucking Associations said.
March 9, 2009Rail, Intermodal Traffic Continue to Fall
Rail and intermodal traffic continued their weeks-long decline last week, the Association of American Railroads said Thursday.
March 6, 2009Fourth-Quarter Productivity Falls
Fourth-quarter U.S. worker productivity fell at a 0.4% annual rate, the Labor Department said Thursday.
March 5, 2009ISM Services Index Continues Contraction
The U.S. economy’s service sector contracted in February, at a faster pace than the previous month, the Institute for Supply Management said Wednesday.
March 4, 2009U.S. Auto Sales Fall to 27-Year Low
February U.S. automobile sales fell to the lowest rate in more than 27 years, led by a 53% plunge for General Motors Corp., Bloomberg reported.
March 4, 2009Letters: APU Market Slump, Fuel Prices, Execs vs. Dealers, E-Logs, Outrageous Terms
Your story on the demise of RigMaster comes as no surprise in a sector of the truck market that has seen a drastic downturn of new business, mostly exacerbated by tightening of credit markets (2-9, p. 4).
March 3, 2009December NAFTA Surface Trade Plunges 13.1%
Surface trade among the United States, Canada and Mexico plunged 13.1% in December from a year earlier, to $52.9 billion, the Department of Transportation said Tuesday.
March 3, 2009ISM Factory Index Shows Slight Increase
U.S. manufacturing activity showed a slight increase in January but still showed contraction, the Institute for Supply Management said.
March 3, 2009Medallion Logistics Is Created to Offer Trucking, Brokerage
Gary Weilheimer and Tom Tranovich, who have more than 40 years combined transportation experience, said they are opening linked non-asset-based businesses to serve the logistics industry.
March 3, 2009PeopleNet Rolls Out Tethered Trailer Tracking
PeopleNet, Chaska, Minn., said Feb. 24 it launched its tethered trailer-tracking system, known as Trailer ID.
March 3, 2009