Intermodal rail traffic fell 19.1% last week compared with the same week last year, the Association of American Railroads said.
May 29, 2009Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Chicago Factory Index Shows Continued Contraction
Manufacturing activity in the Chicago declined in April, showing contraction for a seventh straight month, the Institute for Supply Chain Management-Chicago said Friday.
May 29, 2009E&MU: California Reefer Rule Sparks Retrofits
Truckers who pull refrigerated trailers into and around California have less than two months to prep for a rule that requires the small diesel engines that power older reefers to meet a state emission standard.
May 29, 2009Intermodal, Rail Traffic Continue to Fall
Intelligrated to Buy Logistex North America
Intelligrated Inc. said Thursday it will acquire the U.S. operations FKI Logistex Holdings for $40 million in a cash deal with Melrose PLC, a British turnaround specialized, the Associated Press reported.
May 29, 2009Agility Acquires Mexican Logistics Firm
Third-party logistics company Agility said that it has acquired Trafinsa S.A. de C.V., a Mexican company with which it has partnered before.
May 29, 2009UPS, Pilots鈥 Union Discussing Cost Cuts
UPS Inc. is in talks with one of its unions to attempt to avoid potentially laying off 300 pilots, about 10% of its total, Bloomberg reported.
May 28, 2009India鈥檚 Tata Motors Unveils New Truck Line
India鈥檚 Tata Motors said it is unveiling a new line of trucks to be called the 鈥渨orld truck,鈥 the New York Times reported Thursday.
May 28, 2009Dana Names New CEO
Driveshaft and axle maker Dana Holding Corp. has named James Sweetnam as its new president and chief executive officer.
May 28, 2009NAFTA Surface Trade Falls 27.9%
Surface transportation trade among the United States, Canada and Mexico fell 27.9% in March from a year earlier, the third consecutive month of decline greater than 27%, the Department of Transportation said Thursday.
May 28, 2009New 爱豆传媒 Sales Rise 0.3%
New home sales increased 0.3% in April, the Commerce Department said Thursday.
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