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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, 2007

Diesel 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, 2007

Factory 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, 2007

Fourth-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, 2007

Contrans’ 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, 2007

Frozen 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, 2007

ISM 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, 2007

Michigan 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, 2007

Opinion: 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, 2007

More 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.

March 2, 2007