U.S. intermodal traffic rose 5.2% for the week ended Saturday from a year ago, the Association of American Railroads said.
June 22, 2012Search
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FedEx’s Quarterly Profits Rise to $634 Mln.On Strong Performance of LTL Division
FedEx Corp. said its fiscal fourth-quarter earnings, excluding a charge for aircraft retirements, rose to $634 million, helped by a 93% increase in operating income at the FedEx Freight segment.
June 25, 2012May Truck Freight Up 4.1%
Truck tonnage continued to grow last month, rising 4.1% from a year earlier despite mounting caution about the U.S. economy’s strength,
June 25, 2012Arkansas Best Pays $180 Million to Acquire Panther Expedited
Two of the nation’s largest trucking companies have joined forces, as Arkansas Best Corp. paid $180 million to acquire Panther Expedited Services in the largest acquisition in North American trucking so far this year.
June 25, 2012Philadelphia Manufacturing Index Contracts
Manufacturing activity in the Philadelphia region contracted in June, Federal Reserve Bank of Philadelphia said Thursday.
June 21, 2012Existing °®¶¹´«Ã½ Sales Slip in May
Existing home sales declined 1.5% in May, the National Association of Realtors said Tuesday.
June 21, 2012Leading Economic Indicators Rise 0.3%
An index of leading economic indicators rose 0.3% in May, the New York-based Conference Board said Thursday.
June 21, 2012UPS’ $6.3 Billion Offer for TNT Begins Friday
UPS Inc. said its approximately $6.3 billion offer for Dutch package firm TNT Express will begin Friday and run through Aug. 31.
June 21, 2012Initial Jobless Claims Decline
Initial jobless claims fell by 2,000 last week, to 387,000, the Labor Department said Thursday.
June 21, 2012Oil Closes Below $80 a Barrel for First Time Since October
Oil fell more than $3 Thursday to finish the trading day under $80 a barrel for the first time since early October, Bloomberg reported.
June 22, 2012