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UPS Teams with Commerce Dept. to Promote U.S. Exports
The U.S. Department of Commerce announced Tuesday a new initiative with UPS Inc. to boost exports from U.S.-based small- and medium-sized enterprises.
March 6, 2007Diesel Jumps 7.5 Cents to $2.626; Gas Soars 12.2 Cents
The average national price of diesel fuel jumped 7.5 cents to $2.626 a gallon, while gasoline soared 12.2 cents from last week to $2.505, the Department of Energy said Monday.
March 6, 2007Factory Orders Plunge 5.6% in Biggest Decline in Six Years
Factory orders plunged 5.6% in January, the biggest drop in six years, the Commerce Department reported Tuesday.
March 6, 2007Fourth-Quarter Productivity Rises 1.6%
Fourth-quarter U.S. worker productivity rose 1.6%, matching the level for the full year but lower than originally estimated, the Labor Department said Tuesday.
March 6, 2007Contrans’ Fourth-Quarter Income Rises
Canadian firm Contrans Income Fund reported it earned C$7.8 million or 34 cents a unit, compared with C$6.3 million or 33 cents a year earlier.
March 6, 2007Frozen Food Express’ Fourth-Quarter Income Declines
Refrigerated truckload carrier Frozen Food Express Industries said Tuesday its fourth-quarter income fell to $3.4 million or 24 cents a share, from $6.4 million or 34 cents a year earlier.
March 6, 2007ISM Service Index Declines in February
The U.S. economy’s service sector growth declined in February, the Institute for Supply Management said Monday.
March 5, 2007Michigan Consumer Index Falls to Five-Year Low
U.S. consumer confidence fell last month to a five-month low, according to the University of Michigan’s monthly consumer sentiment index released Friday.
March 2, 2007Opinion: The Broker’s Role
According to the most recent Federal Motor Carrier Safety Administration census, there are now 16,930 registered transportation brokers. These numbers have been growing at a rate of 30% over the course of the past three years.
March 2, 2007More Fleets Enter China Offering Trucking, Logistics
Schneider National Inc., which recently received a license to operate as a domestic carrier in China, is at the leading edge of a growing Asian investment wave by U.S. fleets, joining both truckload and less-than-truckload companies that have partnerships or logistics operations there.