Consumer Confidence Highest Since September
U.S. consumer confidence has improved to the highest level since September, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
May 15, 2009Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
YRC to Apply for Bailout Funds, Journal Says
Less-than-truckload carrier YRC Worldwide plans to ask for $1 billion in federal bailout money to help relieve its pension obligations, the Wall Street Journal reported Friday.
May 15, 2009April Consumer Price Index Unchanged
The consumer price index was unchanged in April, though prices excluding food and fuel rose, the Labor Department said Friday.
May 15, 2009New York Manufacturing Index Improves
Manufacturing activity in the New York region contracted the least since August this month, the Federal Reserve Bank of New York said Friday.
May 15, 2009Bill Would Seek to Boost Non-Truck Freight Modes
Two key Senators introduced legislation Thursday that would increase the proportion of national freight transportation provided by modes other than trucks by 10% by 2020.
May 14, 2009Producer Prices Rise 0.3% in April
Prices paid to U.S. producers increased 0.3% in April, the Labor Department said Thursday.
May 14, 2009DOT Freight Index Falls 6.5% in March
The Department of Transportation said its freight transportation services index fell 6.5% in March from a year earlier to its lowest level in more than six years.
May 13, 2009Livingston Reports 1Q Loss
Canadian customs broker and logistics firm Livingston International Income Fund posted a loss of C$17.3 million in the first quarter of 2009, or 64 cents per unit, compared with a profit of C$8.2 million, or 30 cents, the year before.
May 13, 2009Retail Sales Fall 0.4%, Commerce Says
Retail sales fell 0.4% in April, the Commerce Department said Wednesday.
May 13, 2009Import Prices Rise 1.6% on Higher Oil
The price of goods imported to the United States rose for a second straight month in April as oil prices increased, the Labor Department said Wednesday.
May 13, 2009