Intermodal rail traffic in the United States fell 12.4% last week from the same week a year ago, the Association of American Railroads said in its weekly report.
September 25, 2009BusinessGovernment
Consumer Confidence Improves in September
U.S. consumer confidence improved in September, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
September 25, 2009Business
Velocity Express Sets Restructuring Plan
Velocity Express Corp. said Thursday it has set an agreement with private equity firm ComVest Investment Partners III, in which a unit of ComVest would become a majority owner of the package delivery firm.
September 25, 2009Business
House Approves Three-Month Highway Funding Extension
The House of Representatives this week approved a three-month extension of the federal highway funding law.
September 25, 2009BusinessGovernment
Durable Goods Orders Fall 2.4%
Durable goods orders dropped 2.4% in August, the worst performance since January, the Commerce Department said Friday.
September 25, 2009BusinessGovernmentSafety
Opinion: A Year of Changes and Challenges
The old saying, “Time flies,” fits my year as chairman of American Trucking Associations. I remember my phone ringing with the first call from Fred Burns to say I was nominated to vice chairman.
September 25, 2009BusinessGovernment
Oil Falls Below $66 a Barrel
Oil prices continued their recent slide, falling $3 Thursday to close below $66 a barrel, Bloomberg reported.
September 24, 2009GovernmentBusinessSafety
FMCSA Nominee Ferro Faces Questions in Confirmation Hearing
Anne Ferro, the Obama administration’s pick to head the Federal Motor Carrier Safety Administration, faced tough questioning in a Wednesday hearing from a key Senator over her trucking industry background, the Associated Press reported.
September 24, 2009Business
Tolls Proposed for New Md. Highway
A toll road under construction in Maryland would cost trucks $36.85 to drive its entire length under a proposed toll schedule.
September 24, 2009BusinessLogistics
Existing ý Sales Decline for First Time in Four Months
Existing homes sales fell in August for the first time in four months, the National Association of Realtors said Thursday.
September 24, 2009