U.S. intermodal traffic rose 4.2% for the week ended Saturday from a year ago, the Association of American Railroads said.
March 16, 2012BusinessLogistics
XPO Logistics Boosts Stock Offering
XPO Logistics said it has commenced a $126 million public offering of 8 million shares of its common stock.
March 16, 2012BusinessGovernmentLogistics
Consumer Confidence Declines
Consumer confidence decreased this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
March 16, 2012Business
Industrial Production Unchanged in February
Industrial production was unchanged in February as factory output increased at the slowest pace in three months, the Federal Reserve said Friday.
March 16, 2012Business
Consumer Price Index Rises in February
The consumer price index rose 0.4% in February as gasoline prices increased, the Labor Department said Friday.
March 16, 2012BusinessLogistics
DHL to Spend $47 Million to Expand U.S. Hub
DHL Express said it will spend $47 million to upgrade its U.S. package express and cargo sorting facility and capability at the Cincinnati area airport.
March 15, 2012BusinessEquipment
Philadelphia Manufacturing Index Rises to 11-Month High
Manufacturing activity in the Philadelphia region expanded in March at the fastest pace in 11 months, the Federal Reserve Bank of Philadelphia said Thursday.
March 15, 2012BusinessGovernment
New York Manufacturing Index Rises
Manufacturing activity in the New York region expanded in March at the fastest rate since June 2010, the Federal Reserve Bank of New York said Thursday.
March 15, 2012Business
Producer Prices Rise 0.4% in February
Prices paid to U.S. producers climbed 0.4% in February, the largest gain in five months, the Labor Department said Thursday.
March 15, 2012Business
Jobless Claims Match Four-Year Low
Initial jobless claims declined by 14,000 and matched the lowest level in four years, the Labor Department said Thursday.
March 15, 2012