Intermodal traffic rose 3.3% last week from a year ago, the Association of American Railroads reported.
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May Truck Tonnage Rises 2.7%
American Trucking Associations’ truck tonnage index rose 2.7% in May, the 18th consecutive year-over-year increase, but the growth rate fell to its slowest pace since February 2010 as U.S. economic growth flagged.
July 4, 2011A Positive Problem
It’s sort of a good problem to have, shortages. It’s a problem that means times are good. Suppliers of components that go into Class 8 trucks say they’re barely able to keep up with demand, as truck manufacturers shift into high gear to meet carriers’ desire to replace their aging vehicles.
July 4, 2011OEMs Face Parts Shortages as Demand for Trucks Surges
Heavy-duty truck manufacturers said they are experiencing rolling components shortages as suppliers who survived the recession struggle to keep up with the unexpectedly rapid surge in demand for new trucks.
July 4, 2011Chicago Manufacturing Activity Rises
Manufacturing activity in the Chicago area rose in June, the Institute for Supply Management-Chicago said Thursday.
June 30, 2011Initial Jobless Claims Dip 1,000 for Week
Initial jobless claims fell by 1,000 to 428,000 last week, the Labor Department said Thursday.
June 30, 2011Oil Rises to Top $95 a Barrel
Oil rose 65 cents Thursday, rebounding from earlier declines to finish the trading day at $95.42 a barrel on the New York Mercantile Exchange, Bloomberg reported.
June 30, 2011DOT Sets $527 Million in New Transportation Grants
Transportation Secretary Ray LaHood said Thursday that $527 million will be available for a third round of competitive transportation grants to fund infrastructure projects nationwide.
June 30, 2011NAFTA Surface Trade Rises 12.1%
Surface transportation trade among the United States, Canada and Mexico increased 12.1% in April from a year ago, the U.S. Department of Transportation said Wednesday.
June 29, 2011UPS, Merck Expand Logistics Agreement
UPS Inc. and pharmaceutical firm Merck & Co. said they have broadened their existing distribution and logistics agreement to include aspects of Merck’s global supply chain.
June 29, 2011