Business
Business, Safety

Rail, Intermodal Levels Fall

Tom Biery/Trans Pixs

Rail carload and intermodal freight fell for the week ended Saturday compared with a year ago, the Association of American Railroads said.

Transport Topics
June 21, 2007
Business, Government

Philadelphia Factory Index Rises in June

Manufacturing levels in the Philadelphia area rose this month, the Federal Reserve Bank of Philadelphia said Thursday.

Transport Topics
June 21, 2007
Government, Business

Leading Economic Indicators Rise in May

An index of leading economic indicators rose in May, the New York-based Conference Board said Thursday.

Transport Topics
June 21, 2007
Business

Xata Gets $6 Million in Funding

Onboard computer maker Xata Corp. said it had received $6 million in new funding from private equity firm Trident Capital.

Transport Topics
June 21, 2007
Government, Business, Safety

Passport Rule Pushed Back to 2008

The Bush administration will delay a rule that Americans must present passports when crossing the U.S. border by land or sea, the Associated Press reported.

Transport Topics
June 21, 2007
Business

Jobless Claims Rise 10,000 for Week

Initial jobless claims rose by 10,000 last week at 324,000, the Labor Department said Thursday.

Transport Topics
June 21, 2007
Business, Fuel

Oil Falls as Inventories Gain

Crude oil fell back by almost $1 a barrel following an Energy Department report that showed oil inventories jumped much higher than expectations last week, Bloomberg reported.

Transport Topics
June 21, 2007
Business

FedEx’s 4Q Earnings Rise 7%

FedEx Corp. said Wednesday its fiscal fourth-quarter profit rose 7% to $610 million or $1.96 per share, from $568 million or $1.82 a year earlier.

Transport Topics
June 20, 2007
Business

Freightliner Workers Vote to Avoid Layoffs at N.C. Plant

Union members at a Freightliner plant in North Carolina have agreed to alternate lay-off weeks between first and second shifts, a move that will save about 1,500 jobs, the Associated Press reported Wednesday.

Transport Topics
June 20, 2007
Business, Safety, Government

Coalition Criticizes FMCSA Over Mexican Trucks Plan

A coalition of groups led by Public Citizen and the Teamsters union said Wednesday that the Department of Transportation was ignoring federal safety laws in implementing a pilot program that would allow Mexican trucks to travel throughout the United States.

Transport Topics
June 20, 2007

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