Surface trade among the United States, Canada and Mexico jumped 7.4% in January from a year earlier, the Department of Transportation said Monday.
March 31, 2008Government, Business, Safety
Smid to Succeed Skarka as President of Yellow Transportation
Less-than-truckload carrier YRC Worldwide said Monday that Maynard Skarka is retiring as president of Yellow Transportation and will be replaced by Mike Smid, president of YRC’s North American Transportation unit.
April 1, 2008Business, Safety, Government
ISM Factory Index Improves, But Still Shows Contraction
The Institute for Supply Management’s manufacturing index contracted in March but improved slightly from February, ISM said Tuesday.
April 1, 2008Government, Business
February Construction Spending Drops 0.3%
Construction spending declined for a fifth straight month in February, falling 0.3% from January, the Commerce Department said Tuesday.
April 1, 2008Business, Safety, Government
NAFTA Surface Trade Jumps 7.4%
Business, Logistics, Government
Chicago Manufacturing Index Gains, But Shows Contraction
Manufacturing activity in the Chicago region improved this month, but showed contraction, the National Association of Purchasing Management said Monday.
March 31, 2008Business, Safety, Government
Oberstar Seeks $500 Billion for Transportation Projects
The chairman of the transportation committee of the U.S. House of Representatives wants Congress to increase the funding available for highway and infrastructure projects to about $500 billion, almost twice the current allocation, Bloomberg reported.
March 31, 2008Government, Business, Safety, Fuel
Fuel Efficiency in Spotlight at Mid-America Trucking Show
LOUISVILLE, Ky. — Talk of fuel efficiency and reduced engine emissions largely displaced glitz and chrome at center stage at the Mid-America Trucking Show last week.
March 31, 2008Government, Business, Safety, Equipment
Equipment Lessors Consolidate, Reduce Fleet Sizes to Adjust for Changing Demand
A weak economy and a deteriorating business environment for truckers are creating challenges and opportunities for equipment leasing and rental companies, executives in the field say.
March 31, 2008Fuel, Business, Government
Diesel Tops Previous High
The average retail price of U.S. diesel rose another 1.5 cents a gallon to $3.989 last week, extending to five the string of record-high fuel prices recorded by the Department of Energy’s weekly report.
March 31, 2008Business, Government
Consumer Confidence Falls to 16-Year Low
U.S. consumer confidence fell this month to a 16-year low, according to the Reuters/University of Michigan monthly consumer sentiment index, released Friday.
March 28, 2008