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, 2007Business, Government
Retail Sales Jump 1.2% in November
Retail sales rose 1.2% in November, the Commerce Department said Thursday.
December 13, 2007Government, Business, Safety
Producer 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, 2007Business, Safety, Government
DOT Freight Index Slips
Business, Safety, Government, Logistics
ATA, 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, 2007Business, Government
Wholesale Inventories Unchanged in October
Wholesale inventories were flat in October, while sales jumped 0.7%, the Commerce Department said Wednesday.
December 12, 2007Business, Safety, Technology, Government
Old Dominion Buys Denver Carrier
Old Dominion Freight Line said it would purchase some assets of Bullocks Express Transportation, a Denver-based trucking company.
December 12, 2007Business, Safety, Government
Covenant to Take Modest Loss or Break Even in 4Q
Truckload carrier Covenant Transportation Group said Wednesday it expects to report break-even to a net loss of 10 cents per share for the fourth quarter.
December 12, 2007Government, Business, Fuel
October Trade Gap Rises 1.2%
The U.S. trade deficit widened in October as crude oil prices surged, the Commerce Department said Wednesday.
December 12, 2007Government, Business, Safety
FedEx Ground Plans $87 Million Ohio Hub
FedEx Corp. said Tuesday it will be build an $87 million facility in Ohio for its FedEx Ground unit, as part of plans to double its North American ground shipping capacity.
December 11, 2007Fuel, Business, Government
DOE Boosts ’08 Diesel Price Forecast
The Department of Energy sharply boosted its projections for diesel fuel prices into 2008, raising its forecast from a month ago by 18 cents a gallon for this month alone, to an average of $3.36 a gallon.
December 11, 2007