Oil Falls to Lowest Level in Two Weeks
Oil fell to its lowest level in two weeks Friday, dropping to near $81 a barrel, Bloomberg reported.
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Greatwide Expands Its Operations Center for Dedicated Carriage, New Software
Greatwide Logistics Services said Oct. 7 it has substantially increased the operations capacity and capabilities of its transportation operations center by implementing new software programs.
October 15, 2010J.B. Hunt Posts Higher 3Q Profit
J.B. Hunt Transport Services said its third-quarter profit rose from a year ago as intermodal volumes jumped and truck segment pricing improved.
October 15, 2010New York Manufacturing Index Expands
Manufacturing activity in the New York region expanded in October at the highest rate in four months, the Federal Reserve Bank of New York said Friday.
October 15, 2010Business Inventories Rise 0.6%
Business inventories increased 0.6% in August, the Commerce Department said Friday.
October 15, 2010Consumer Confidence Slips in October
Consumer confidence slipped in October, according to the monthly Thomson Reuters/University of Michigan consumer sentiment index released Friday.
October 15, 2010Consumer Price Index Increases 0.1%
The consumer price index rose by 0.1% in September, the Labor Department said Friday.
October 15, 2010Weekly Intermodal Traffic Improves
Intermodal traffic rose 13.1% compared with last year in the week ended Saturday, the Association of American Railroads said.
October 15, 2010DOT Freight Transportation Services Index Improves in August
The Department of Transportation’s freight transportation services index rose 1.2% in August from a year earlier, the sixth year-to-year gain, but slipped from July, DOT said Thursday.
October 14, 2010Landstar’s Third-Quarter Earnings Improve
Truckload carrier Landstar System said Thursday its third-quarter earnings rose to $21.8 million, or 44 cents per share, from $20.1 million, or 39 cents, a year ago.
October 14, 2010