Intermodal Traffic Rises for Week
U.S. rail intermodal traffic increased 5.4% in the week ended Aug. 16 compared with the same week last year, the Association of American Railroads reported.
August 22, 2014Infographic: Ryder’s Foundation for a Successful Freight Brokerage
Globally, supply chains are facing unprecedented levels of disruption. As a result, shippers and carriers are challenged more than ever to keep goods moving while remaining profitable. While most brokerages point to technology as the key to achieving success, today’s setbacks have proven that technology alone isn’t enough.
Garmin Introduces New Navigation Devices
Garmin International Inc. announced plans to launch two new Android-based commercial navigation devices.
August 22, 2014Volvo’s North American Deliveries Rise 21%
Volvo Group’s North American heavy-duty truck deliveries rose 21% in July from the same month last year, the company reported Aug. 21.
August 21, 2014UPS Has Data Breach at 51 Stores
UPS Inc. said 51 of its UPS Store franchise service locations have been victimized by a data breach that revealed some customers’ personal information.
August 21, 2014Cargo Rates Trigger Shipper Backlash as US Rails Soar
After CSX Corp. raised rates for shipping specialty gas by 41% over three years, Diversified CPC International Inc. had to shutter a production line near Chicago.
August 21, 2014S.C. Ports Authority Earnings Rise 20.7% in 2014
The South Carolina Ports Authority reported its 2014 fiscal year operating earnings increased 20.7% to $14.3 million.
August 21, 2014Labor Day Weekend to See Most US Drivers in Six Years
The most Americans in six years will travel by car over the Labor Day holiday weekend, and they’ll be paying the least for gasoline since 2010 as refineries produce ample amounts of the fuel, AAA predicts.
August 21, 2014Leading Economic Indicators Rise by Most in Four Months; Manufacturing Increases in Philadelphia
An index of U.S. leading indicators rose in July by the most in four months, as stronger job growth helps power the world’s largest economy.
August 21, 2014Sales of Previously Owned Homes Climb to 10-Month High
Purchases of previously owned U.S. homes rose in July to a 10-month high as low borrowing costs and an increase in inventory drew buyers.
August 21, 2014Jobless Claims Decline by 14,000 Last Week
Fewer Americans than forecast applied for unemployment benefits last week, a sign the U.S. job market is making progress as the world’s largest economy grows.
August 21, 2014