Jobless Claims Fall by 42,000 for Week
Initial jobless claims fell by 42,000 last week, the Labor Department said Thursday.
April 11, 2013DOT Freight Transportation Index Rises 2.7%
The Department of Transportation said its freight transportation services index rose 2.7% in February from the same month last year.
April 11, 2013Freight Broker Creates Online Tool to Automate Load, Cost, Capacity
The founders of freight brokerage Partage LLC said they have launched an automated, Web-based brokerage service that allows shippers to enter their load information, get a final rate on the spot and book capacity without speaking to a broker.
April 11, 2013Obama Budget Calls for Transportation Funding Increase
President Obama on Wednesday called for transportation budget increases of 5.5% in 2014 and 25% in 2015, though the president was criticized by the trucking industry for not providing adequate detail on how the increases would be funded.
April 10, 2013Board Says Postal Service Can’t Cut Saturday Delivery
The U.S. Postal Service does not have legal authority to end Saturday mail delivery without authorization from Congress and must halt its plans to make that cut in August, its board said, Bloomberg News reported Wednesday.
April 10, 2013Longshoremen Ratify 6-Year Contract at East and Gulf Coast Ports
Workers at East Coast and Gulf Coast ports have ratified a new six-year contract, the International Longshoremen’s Association said.
April 10, 2013Daimler CEO Sees Mixed Outlook for Trucks
Daimler Trucks increased its market share in the first quarter, although its wholesale shipments decreased by 6%, Daimler AG CEO Dieter Zetsche said Wednesday.
April 10, 2013Oil Slips Following DOE Inventory Report
Oil fell Wednesday following a Department of Energy report that showed supplies rose last week, Bloomberg News reported.
April 10, 2013Transportation Software Firm Merges With Transite Technology
Transportation software company 3Gtms said it has merged with Transite Technology, a logistics software provider. Terms were not disclosed.
April 10, 2013FedEx Custom Critical Launches New Monitoring Service
FedEx Custom Critical said it is launching a new monitoring system called ShipmentWatch, which enables it to monitor a package’s location, temperature, light exposure and humidity.
April 10, 2013