Total revenue for truck transportation, couriers and messengers, and warehousing and storage reached $312 billion in 2006, up from $293 billion in 2005, the U.S. Census Bureau said Tuesday.
December 4, 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.
ISM Services Index Declines in November
The economy鈥檚 service sector growth rate declined in October, the Institute for Supply Management said Wednesday.
December 5, 2007Floods Close Stretch of I-5 in Northwest
Severe floods in the Pacific Northwest have closed a stretch of Interstate 5 until at least Thursday, news reports said.
December 5, 2007Third-Quarter Productivity Jumps to 6.3%
U.S. worker productivity jumped to an annual rate of 6.3% in the third quarter from 2.2% the previous quarter, the Labor Department said Wednesday.
December 5, 2007Senate Votes 77-18 for Peru Trade Bill
The Senate voted 77-18 Tuesday for a U.S.-Peru free-trade agreement, opening the way for expanded economic ties with that country, the Washington Post reported Wednesday.
December 5, 2007Trucking Revenue Tops $300 Bln., Census Bureau Says
Trucking Revenue Tops $300 Bln., Census Bureau Says
Total revenue for truck transportation, couriers and messengers, and warehousing and storage reached $312 billion in 2006, up from $293 billion in 2005, the U.S. Census Bureau said Tuesday.
December 4, 2007Auto Sales Decline for November
U.S. automobile sales fell or were flat in November and an ongoing economic slump will continue to hurt U.S. auto sales in 2008, the Associated Press reported Tuesday.
December 4, 2007Fenway Leads Acquisition of Logistics Firm
Private-equity firm Fenway Partners said Tuesday it has acquired a majority interest in East Coast Warehouse & Distribution Corp. and related companies, including Safeway Trucking Corp.
December 4, 2007Diesel Drops 2.8垄 to $3.416
The national average price of retail diesel fuel fell 2.8 cents from last week鈥檚 all-time record to $3.416 a gallon, the Department of Energy reported Monday.
December 4, 2007Landstar CEO Says Revenue, Volume Growing
Truckload carrier Landstar System will increase fourth-quarter revenue in the 鈥渕id-single-digit range,鈥 Chief Executive Officer Henry Gerkens said in a conference call with investors, Bloomberg reported.
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