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Trimac Reports Lower 2Q Income

Canada-based transportation firm Trimac Income Fund earned C$1.1 million, or 3 cents per unit, in the second quarter, compared with C$2.6 million, or 9 cents, a year ago,

August 13, 2009

Retail Sales Fall 0.1% in July

Retail sales fell 0.1% in July, the first decline in three months, the Commerce Department said Thursday.

August 13, 2009

Import Prices Fall for First Time in Six Months

The price of goods imported to the United States fell 0.7% in July, the first decline in six months, the Labor Department said Thursday.

August 13, 2009

Intermodal Traffic Takes Big Quarterly Drop

Intermodal trailer traffic fell 26.9% in the second quarter of 2009, the Intermodal Association of North America reported.

August 12, 2009

DHL Fined $9.4 Million for Embargo Violations

DHL Express will pay the U.S. government $9.4 million in fines to settle a dispute that it made shipments to Iran, Sudan and Syria in violation of U.S. embargoes, the Associated Press reported.

August 12, 2009

U.S. Trade Gap Widens in June

The U.S. trade deficit widened 4% in June, the Commerce Department said Wednesday.

August 12, 2009

DOT Freight Transport Index Plunges 14.2%

The Department of Transportation’s freight transportation services index fell 14.2% in June from a year earlier, the largest June-to-June decline in the 20 years in which it has been calculated.

August 12, 2009

Opinion: The Customer Service, Dispatch Dilemma

As the recession deepens, there is growing awareness in the transportation industry of the role dispatchers play in keeping third-party logistics firms and freight brokerages competitive, particularly in the areas where dispatch and customer service collide.

August 11, 2009

Wholesale Inventories Fall for Tenth Month

Wholesale inventories fell in June for the tenth consecutive month, the Commerce Department said Tuesday.

August 11, 2009

U.S. Worker Productivity Jumps to 6.4% Rate

U.S. workers’ productivity surged in the second quarter to an annual rate of 6.4%, the fastest in almost six years, the Labor Department said Tuesday.

August 11, 2009