U.S. intermodal traffic declined 2.8% for the week ended Saturday from a year ago, the Association of American Railroads reported.
March 2, 2012BusinessFuel
Diesel Average Rises Above $4; Price Is Highest Since Mid-May
U.S. diesel prices surged last week, crossing the important psychological $4-a-gallon threshold and reaching their highest level since May 16, according to the Department of Energy.
March 5, 2012Business
Celadon Sells Stake in USA Truck
Celadon Group said this week it sold its 685,000 shares, or about 6.3% stake, of USA Truck that it purchased in October.
March 2, 2012Business
Auto Sales Hit Four-Year High
U.S. auto sales rose in February to the fastest pace in four years, led by big gains for Chrysler Group LLC and General Motors Co., Bloomberg reported Friday.
March 2, 2012BusinessFuel
Oil Falls for First Time in Three Days
Oil fell in early trading Friday after rising for the past two days and closing Thursday near a 10-month high, Bloomberg reported.
March 2, 2012Business
ISM Manufacturing Index Slips from 7-Month High
U.S. manufacturing activity slipped from a seven-month high in February but showed continued expansion, the Institute for Supply Management said Thursday.
March 1, 2012BusinessFuel
Diesel Supplies May Tighten in Northeast, DOE Says
Diesel supplies could be tight for a year or more in the Northeast because of refinery shutdowns and transportation constraints, according to a Department of Energy report released this week.
March 1, 2012BusinessSafetyGovernmentLogistics
Trimac Reports Stable Profits for 4Q, Year
Canadian bulk hauler Trimac Transportation reported little change in quarterly and annual profits, even though revenue improved for both the fourth quarter and the year.
March 1, 2012BusinessEquipment
Accuride Posts 4Q Profit, Annual Loss
Improving North American trucks sales led parts maker Accuride Corp. to post a fourth-quarter profit but a net loss for the year, the Evansville, Ind., company said.
March 1, 2012Business
Construction Spending Dips in January
Construction spending slipped 0.1% in January, the first decline since July, the Commerce Department said Thursday.
March 1, 2012