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Wholesale Inventories Rise in March

Wholesale inventories rose 0.4% in March, the Commerce Department said Thursday.

May 9, 2013

Senate Republicans Block Vote on EPA Nominee McCarthy

Republicans on the Senate Environment and Public Works Committee blocked a vote on confirming Gina McCarthy to head the Environmental Protection Agency by boycotting a scheduled meeting Thursday to consider the nomination, Bloomberg News reported.

May 9, 2013

Cooper Reports Higher First-Quarter Profit

Cooper Tire & Rubber Co. said it posted a higher first-quarter profit but lower revenue on a soft global tire market.

May 9, 2013

XRS Corp. Swings to 2Q Profit

XRS Corp. on Thursday reported a profit for its fiscal second quarter compared with a loss a year ago.

May 9, 2013

Visteon Posts First-Quarter Profit

Vehicle parts manufacturer Visteon Corp. posted a first-quarter profit, improving upon the loss it experienced during the same time in 2012.

May 9, 2013

Arkansas Best Rebuffs YRC’s Bid to Buy ABF Freight System

Arkansas Best Corp. said in a regulatory filing Thursday that it rejected an overture by less-than-truckload competitor YRC Worldwide to buy its ABF Freight System unit.

May 9, 2013

Initial Jobless Claims Fall to Five-Year Low

Initial jobless claims fell by 4,000 last week to a five-year low, the Labor Department said Thursday.

May 9, 2013

L.A. Council Approves BNSF Intermodal Yard for SoCal Ports

The Los Angeles City Council approved an intermodal rail yard to serve the Los Angeles and Long Beach port terminals, the Los Angeles Times reported.

May 10, 2013

Intermodal Traffic Rises 2.8% for Week

U.S. rail intermodal traffic rose 2.8% last week from the same week a year ago to 245,678 units, the Association of American Railroads reported.

May 10, 2013

DOT Freight Transportation Index Rises 2.8%

The Department of Transportation’s freight transportation services index rose 2.8% in March from the same month last year and increased sequentially for the fifth straight month, DOT said Wednesday.

May 8, 2013