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Schenker to Shut Sorting Hub In Toledo, Cutting 700 Jobs

Logistics company DB Schenker USA announced that it is closing a domestic freight sorting hub in Toledo, Ohio, and shifting contractors to move its cargo, a step that cost 700 people their jobs.

August 1, 2011

Chicago Manufacturing Activity Falls

Manufacturing activity in the Chicago area fell in July, the Institute for Supply Management-Chicago said Friday.

July 29, 2011

Consumer Confidence Falls to Two-Year Low

Consumer confidence fell to a two-year low in July, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

July 29, 2011

Universal Truckload’s 2Q Profit Declines

Universal Truckload Services’ second-quarter income declined from a year ago despite higher truckload revenue.

July 29, 2011

Intermodal Traffic Rises 0.8% for Week

Intermodal traffic increased 0.8% last week from a year ago, the Association of American Railroads reported.

July 29, 2011

Growing Tonnage Levels

The latest tonnage report from American Trucking Associations shows that freight levels in June were 6.8% higher than they were a year ago, the biggest gain in five months.

August 1, 2011

Three Truck Makers’ Profits, Revenue Soar

Three of the world’s largest heavy-duty truck makers reported significant increases in profits and revenue for the three months ended June 30, with North American results playing a large role in all cases.

August 1, 2011

Frozen Food Express’ 2Q Loss Narrows

Frozen Food Express Industries said Thursday its second-quarter loss narrowed from a year ago.

July 28, 2011

Dana’s 2Q Income Jumps; Company Boosts Outlook

Component maker Dana Holding Corp. said Thursday its second-quarter income jumped from a year ago and the company raised its earnings outlook for the year.

July 28, 2011

Oshkosh’s 3Q Income Declines

Specialty truck maker Oshkosh Corp. said Thursday its fiscal third-quarter profit dropped from a year ago as sales of military vehicles declined.

July 28, 2011