The Department of Transportation’s freight transportation services index for October slipped 0.3% from the same month last year, though it rose from September’s level.
December 13, 2007Trucking 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.
Business Inventories Rise 0.1%
Business inventories rose 0.1% in October, while sales jumped 0.7% for second straight month, the Commerce Department said Thursday.
December 13, 2007Retail Sales Jump 1.2% in November
Retail sales rose 1.2% in November, the Commerce Department said Thursday.
December 13, 2007Producer Prices Jump 3.2% in November
Prices paid to U.S. producers jumped 3.2% in November — the fastest pace in 34 years, the Labor Department said Thursday.
December 13, 2007Jobless Claims Dip by 7,000 for Week
Initial jobless claims fell by 7,000 last week to 333,000, the Labor Department said Thursday.
December 13, 2007DOT Freight Index Slips
International Reports Accord with UAW
International Truck and Engine Corp. and the United Auto Workers union have reached tentative agreement on new three-year labor contracts, International said Wednesday.
December 12, 2007ATA, Con-way Set Holiday Safety Message
American Trucking Associations and Con-way Freight have teamed up to launch a national public service announcement safe-driving campaign for the holiday season.
December 12, 2007Wholesale Inventories Unchanged in October
Wholesale inventories were flat in October, while sales jumped 0.7%, the Commerce Department said Wednesday.
December 12, 2007Officials Cite Training, Technology, Design to Reduce Tank Truck Rollovers Crashes
BALTIMORE — Trucking and government officials emphasized the importance of training in preventing rollover crashes, but they also said the use of technology and changes to trailer design were cost-effective ways to reduce crashes.
December 12, 2007Old Dominion Buys Denver Carrier
Old Dominion Freight Line said it would purchase some assets of Bullocks Express Transportation, a Denver-based trucking company.
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