DOT Freight Transport Index Rises 2.9% in June
The Department of Transportation’s freight transportation services index rose 2.9% in June from a year ago, DOT said Wednesday.
August 13, 2008Best Carrier TMS Software in 2024: How to Choose
Transitioning from basic load board tools or spreadsheets to an advanced, integrated Transportation Management System (TMS) is a critical step for mid-sized truckload carriers aiming to scale effectively and sustain long-term competitiveness.
Study Predicts Drayage Driver Shortage Due to Security Rules, Growing Imports
A new study by an intermodal consulting firm forecasts a looming shortage of port drayage drivers because of new federal security regulations and a return to growth of freight imports by sea.
August 13, 2008Cummins to Add SCR Technology in 2010 Engines
Diesel engine maker Cummins Inc. said Wednesday it will add selective catalytic reduction aftertreatment to its heavy-duty 2010 engines.
August 13, 2008U.S. Driving Declines; Oil Consumption at Five-Year Low
Americans drove 12.2 billion miles fewer in June than the same month a year ago, a 4.7% decline, the U.S. Department of Transportation said Wednesday.
August 13, 2008Navistar’s 2008 Profit Could Top $400 Million
Navistar International Corp. said its 2008 net income will be $312 million to $418 million, or $4.26 to $5.72 per share.
August 13, 2008Retail Sales Fall for First Time in Five Months
Retail sales fell 0.1% in July, the first decline in five months, the Commerce Department said Wednesday.
August 13, 2008Trimac’s Second-Quarter Income Drops
Canada-based transportation firm Trimac Income Fund said its second-quarter net earnings plunged to C$2.6 million, or 9 cents per unit, from C$7.9 million, or 17 cents, a year ago.
August 13, 2008Business Inventories Gain 0.7%
Business inventories rose 0.7% in May, the Commerce Department said Wednesday.
August 13, 2008Mullen’s 2Q Income Improves
Canadian transportation firm Mullen Group Income Fund’s second-quarter profit rose to C$19.9 million, or 25 cents a unit, from C$16.6 million, or 21 cents, a year ago.
August 13, 2008Import Prices Rise 1.7% in June
The price of goods imported to the United States rose 1.7% in July, the Labor Department said Wednesday.
August 13, 2008