Oil Holds Under $95 a Barrel
Oil rose 14 cents Thursday, holding under $95 a barrel a day after falling to the lowest closing price in almost four months, Bloomberg reported.
June 16, 2011Infographic: 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.
Vigillo Creates New Division
Vigillo LLC, which offers reports CSA scorecards to truckers, brokers and shippers, said it has created a new data mining software division called IQLab to meet demand for custom reporting and analytics.
June 16, 2011Philadelphia Manufacturing Index Falls Sharply
Manufacturing activity in the Philadelphia region slowed dramatically in June, the Federal Reserve Bank of Philadelphia said Thursday.
June 16, 2011Housing Starts Jump 3.5% in May
Housing starts rose 3.5% in May, the Commerce Department said Thursday.
June 16, 2011Jobless Claims Drop by 16,000
Initial jobless declined by 16,000 to 414,000 last week, the Labor Department said Thursday.
June 16, 2011International Container Group Forecasts Growth for Two Years
Container lessors spent $4 billion during 2010 to renew the box fleet and are expected to further increase spending the next two years, according to a new report from the Institute of International Container Lessors.
June 15, 2011Industrial Production Rises 0.1% in May
Industrial production rose 0.1% in May as factory output rose but utility output declined, the Federal Reserve said Wednesday.
June 15, 2011L.A. Port Volume Rises in May
The Port of Los Angeles said its May import cargo volume rose 5.5% from a year ago, to almost 361,000 20-foot equivalent units.
June 15, 2011Consumer Price Index Rises 0.2% in May
The consumer price index rose 0.2% in May, the Labor Department said Wednesday.
June 15, 2011ATA Names New VP of Legislative Affairs
American Trucking Associations said it has hired Caroline Decker as its new vice president of legislative affairs.
June 15, 2011