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DOT Freight Transport Index Rises 2.9% in June

The Department of Transportation’s freight transportation services index rose 2.9% in June from a year ago, DOT said Wednesday.

August 13, 2008

U.S. Driving Declines; Oil Consumption at Five-Year Low

Americans drove 12.2 billion miles fewer in June than the same month a year ago, a 4.7% decline, the U.S. Department of Transportation said Wednesday.

August 13, 2008

Import Prices Rise 1.7% in June

The price of goods imported to the United States rose 1.7% in July, the Labor Department said Wednesday.

August 13, 2008

Retail Sales Fall for First Time in Five Months

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

August 13, 2008

Trimac’s Second-Quarter Income Drops

Canada-based transportation firm Trimac Income Fund said its second-quarter net earnings plunged to C$2.6 million, or 9 cents per unit, from C$7.9 million, or 17 cents, a year ago.

August 13, 2008

Mullen’s 2Q Income Improves

Canadian transportation firm Mullen Group Income Fund’s second-quarter profit rose to C$19.9 million, or 25 cents a unit, from C$16.6 million, or 21 cents, a year ago.

August 13, 2008

Business Inventories Gain 0.7%

Business inventories rose 0.7% in May, the Commerce Department said Wednesday.

August 13, 2008

TSA Reinstates Company Running Clear Program for Registered Travelers

A week after suspending a traveler ID-check program, the Transportation Security Administration has reinstated Verified Identity Pass, the operator of the Clear program, and and said it may resume its Registered Traveler enrollment immediately.

August 12, 2008

Study Predicts Drayage Driver Shortage Due to Security Rules, Growing Imports

A new study by an intermodal consulting firm forecasts a looming shortage of port drayage drivers because of new federal security regulations and a return to growth of freight imports by sea.

August 13, 2008

U.S. Trade Deficit Drops 4.1%

The U.S. trade deficit fell by 4.1% in June, on a big jump in exports, the Commerce Department said Tuesday.

August 12, 2008