U.S. intermodal traffic rose 4.2% for the week ended Saturday from a year ago, the Association of American Railroads said.
March 30, 2012Business
Personal Spending Rises in February
Consumer personal spending rose 0.8% in February, the biggest gain in seven months, the Commerce Department said.
March 30, 2012Business
Weekend Closure Planned for I-12 in Louisiana
Interstate 12 eastbound will be closed this weekend at an interchange in Baton Rouge, La., the Louisiana Department of Transportation and Development said.
March 29, 2012BusinessLogistics
Port Logistics Firms Announce Partnership
Port Logistics Group and Coastal Logistics Group on Thursday announced a partnership that extends the geographic reach and service offerings for both companies.
March 29, 2012BusinessLogistics
European Commission Fines Freight Forwarders
The European Commission has issued 169 million euros ($225 million) in fines against 14 companies, including three in the U.S., in connection with air freight price-fixing charges dating as far back as 2003.
March 29, 2012Business
Jobless Claims Fall to Four-Year Low
Initial jobless claims last week fell to a four-year low, the Labor Department said Thursday.
March 29, 2012Business
ATA Cites Safety Study in Pushing for Speed Limiters on Trucks
New research released this week by the Federal Motor Carrier Safety Administration confirms the safety benefits of using technology to electronically govern and limit trucks’ speed, American Trucking Associations said Wednesday.
March 28, 2012BusinessFuel
Oil Slips as Feds Consider Tapping SPR
Oil fell for the first time in four days Wednesday following a Department of Energy report that showed crude inventories rose, while the department considered tapping the government’s Strategic Petroleum Reserve, Bloomberg reported.
March 28, 2012Business
Provision in Senate’s Transport Legislation Would Raise Broker Surety Bond to $100,000
A provision in the Senate transportation bill would raise the surety requirement for freight brokers to $100,000 from $10,000.
March 28, 2012GovernmentBusiness
NAFTA Surface Trade Rises 11.5% in January
Surface trade among the United States, Canada and Mexico rose 11.5% in January from a year ago, the Department of Transportation said.
March 28, 2012