Intermodal rose 16.5% for the week ended Saturday, the Association of American Railroads said.
October 8, 2010Business
Greenbriar to Acquire Dynamex for $210 Million
Dynamex Inc., a package delivery and logistics operator, has agreed to be acquired by private equity firm Greenbriar Equity Group Ltd. for a total of about $210 million, the companies announced on Oct. 1.
October 11, 2010BusinessFuelAutonomous
Diesel Average Jumps to $3 a Gallon
The average cost of U.S. retail diesel climbed 4.9 cents last week to $3 a gallon, the first time trucking’s main fuel has reached that level in more than four months, the Department of Energy reported.
October 11, 2010Business
TTNews To Close Monday for Columbus Day
Transport Topics Online will be closed Monday for the Columbus Day holiday.
October 8, 2010Business
Trucking Payrolls Steady as Unemployment Rate Holds at 9.6%
The September U.S. unemployment rate held at 9.6%, as total payrolls fell by 95,000 jobs and trucking payrolls held steady, the Labor Department said Friday.
October 8, 2010Business
Shipping Firm Makes Monthly Calls at S.C. Port
Liberty Global Logistics, an American-flag ocean carrier, is now making regular monthly calls at the Port of Charleston’s Veterans Terminal.
October 8, 2010Business
Wholesale Inventories Rise 0.8%
Wholesale inventories rose 0.8% in August, the Commerce Department said Friday.
October 8, 2010Business
Renault Sells $4.4 Billion Stake in Volvo
Renault SA, France’s second-largest automaker, is selling a 14.9% stake in Volvo AB valued at 3.15 billion euros, or about $4.4 billion, Bloomberg reported.
October 7, 2010Business
Jobless Claims Fall 11,000 for Week
Initial jobless claims fell by 11,000 last week, the Labor Department said Thursday.
October 7, 2010Business
UPS to Hire 50,000 Seasonal Workers
UPS will to hire 50,000 seasonal employees for this year’s holiday season, matching last year’s total, news services reported.
October 7, 2010