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Freight Index Drops in May
The Freight Transportation Services Index fell 0.4 percent in May from April, declining after two consecutive monthly increases, the U.S. Department of Transportation’s Bureau of Transportation Statistics reported July 14.
Groundbreaking Marks Start of GA. ‘Inland Port’
Representatives of the State Transportation Board and Georgia Ports Authority traveled to Cordele, Ga., Wednesday for a groundbreaking ceremony for an “inland port” that will serve as a major transfer point for truck cargo.
Railcar Owners Pull 3,064 Cars Out of Storage
Latest moves leave 23.7 percent of North American railcars idle.
TSA Denies Need for Back-Up Plan
Following its recent damning report by government auditors, the US Transportation Security Administration (TSA) claims that it does not need a contingency plan if, or when, it fails to meet its mandate to screen 100 per cent of domestic air cargo by August 2010.
Far East-US Container Traffic Hit Record in June
Chinese exports push shipments up 32 percent from June 2009.
Initial Claims for Jobless Benefits Drop Sharply
WASHINGTON - New applications for unemployment benefits fell sharply last week as General Motors and other manufacturers skipped their usual summer shutdowns.
Volumes Take a Dip for Week Ending July 10, Says AAR
Railroad volumes for the week ending July 10 were down year-over-year and compared to 2008, according to the Association of American Railroads (AAR).