FMCSA Posts Penalties for Movers Holding Goods Hostage
Household movers that hold shipments hostage face penalties of $10,000 per violation under new penalties posted by the Federal Motor Carrier Safety Administration.
October 19, 2012Infographic: 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.
Kansas City Southern’s 3Q Income Falls
Kansas City Southern’s third-quarter income fell to $91 million, or 83 cents a share, from $100 million, or 91 cents, a year ago.
October 19, 2012Intermodal Traffic Gains 2.6% for Week
U.S. intermodal traffic rose 2.6% last week over the same week a year ago, the Association of American Railroads reported.
October 19, 2012Forward Air’s Income Slips; Revenue Rises
Forward Air Corp. said its third-quarter net income slipped from a year ago, while revenue improved.
October 19, 2012Union Pacific’s 3Q Income Rises, CSX’s Slips
Two of the largest U.S. freight railroads reported third-quarter results, with intermodal revenue rising at both companies.
October 18, 2012Leading Economic Indicators Post Biggest Gain in Seven Months
An index of leading economic indicators rose 0.6% in September, the most in seven months, the New York-based Conference Board said Thursday.
October 18, 2012Philadelphia Manufacturing Index Rises
Manufacturing activity in the Philadelphia region expanded in October, the Federal Reserve Bank of Philadelphia said Thursday.
October 18, 2012Initial Jobless Claims Rise for Week
Initial jobless claims increased by 46,000 last week, the Labor Department said Thursday.
October 18, 2012Werner’s Third-Quarter Profit Slips
Werner Enterprises said its third-quarter net income fell 15% from a year ago due to softer freight demand and higher expenses.
October 18, 2012Meritor Axles Named Standard Equipment on Wabash Trailers
Component maker Meritor Inc. said Wednesday that Wabash National has selected Meritor trailer axles to be standard equipment on all Wabash trailers.
October 17, 2012