Increasing annual U.S. infrastructure spending by $157 billion in the next eight years would save $3.1 trillion in gross domestic product, $1.1 trillion in trade and 3.5 million jobs, according to a new report.
January 15, 2013Search
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Producer Price Index Falls 0.2% in December
Prices paid to U.S. producers fell 0.2% in December, the Labor Department said Tuesday.
January 15, 2013December Retail Sales Rise 0.5%
Retail sales rose 0.5% in December, the Commerce Department reported Tuesday.
January 15, 2013Roadrunner to Expand Philadelphia LTL Terminal
Roadrunner Transportation Systems said it will expand less-than-truckload outbound service at its Philadelphia terminal, which opened last year.
January 15, 2013FedEx Ground Names Maier Its Next CEO
FedEx Corp. said Henry Maier will succeed David Rebholz as CEO of the company’s FedEx Ground unit, which provides small-package delivery services.
January 15, 2013Mullen, Contrans Boosting Dividends
Two Canadian trucking companies, Mullen Group and Contrans Group, said they will boost dividend payments.
January 16, 2013Volvo Trucks to Take Restructuring Charge
Volvo Trucks announced on Tuesday the details of a restructuring charge related to the reorganization of its global businesses.
January 15, 2013England Logistics Appoints Beardall President
England Logistics said Tuesday it has promoted Jason Beardall to president from executive vice president.
January 15, 2013About 1 Million Natural-Gas Trucks and Buses to be Sold by 2019, Report Says
More than 930,000 medium- and heavy-duty natural gas-powered trucks and buses are expected to be sold worldwide by 2019, according to a new report.
January 14, 2013Retail Imports to Rise 2.3% in January, NRF Says
Import cargo volume at major U.S. ports will increase 2.3% this month from a year ago as retailers continue to urge labor and management to avoid a strike at East Coast and Gulf Coast ports, according to a report by the National Retail Federation.
January 14, 2013