Jobless Claims Drop by 9,000 for Week
Initial jobless claims fell by 9,000 for the week ended Saturday, the Labor Department said Thursday.
February 14, 2008TTNews to Close Monday for Holiday
Transport Topics Online will be closed Monday for the Presidents’ Day holiday. Please check back on Tuesday, Feb. 17, for the latest trucking and freight transportation news.
February 13, 2008NATSO Launches New Program Focusing on Truck Stop Safety
LAKE BUENA VISTA, Fla. — NATSO, the national trade group representing truck stops and travel plazas, unveiled a new public education program here Jan. 24 as a way to help truck stops address drivers’ concerns, such as safety.
February 13, 2008DOT Freight Index Drops
The Department of Transportation’s freight transportation services index for December fell 0.1% from a year earlier, DOT said Wednesday.
February 13, 2008DHL to Cut 600 U.S. Jobs
DHL Express USA will cut 600 jobs to reduce costs, as a slowing U.S. economy dampens package shipment demand, Bloomberg reported.
February 13, 2008Velocity Express’ Fiscal 2Q Loss Narrows
Velocity Express said Wednesday it lost $10.7 million, or $3.82 a share, in its fiscal second quarter ended Dec. 29, compared with a loss of $15.2 million, or $9.16, a year earlier.
February 13, 2008Rush Reports Lower 4Q Earnings
Truck dealership Rush Enterprises said its fourth-quarter earnings dipped to $12.3 million, or 32 cents a share, from $15.9 million, or 42 cents, for the previous fourth quarter.
February 13, 2008Retail Sales Rise 0.3% in January
Retail sales rose 0.3% in January, the Commerce Department said Wednesday.
February 13, 2008Railroads Investing in More Upgrades, Journal Reports
U.S. railroads are making big investments in their networks, having spending $10 billion to expand tracks, build freight yards and buy locomotives since 2000, and are planning an additional $12 billion in upgrades, the Wall Street Journal reported Wednesday.
February 13, 2008Court Hears Arguments on Mexican Trucks Program
A federal appeals court heard arguments Tuesday whether the Bush administration can go ahead with the Transportation Department’s Mexican trucks pilot program, the Associated Press reported.
February 12, 2008