Thursday, April 26, 2018
Business
TransCore: December spot freight doubles year-over-year

TransCore: December spot freight doubles year-over-year

PORTLAND, Ore. — Spot market freight availability on TransCore load boards in December rose by 103 percent year over year, to twice the level achieved in the same month of 2008, according to the TransCore Freight Index. Freight volume also exceeded November levels by 11 percent on the North American spot market (United States and Canada). The index is a measure of truckload freight volume found on load boards supported by TransCore’s DAT Network, including 3sixty Freight Match, TruckersEdge.net and the company’s Canadian subsidiary service Link Logistics.

Commercial trailer shipments in 2009 lowest since 1975

Commercial trailer shipments in 2009 lowest since 1975

COLUMBUS, Ind. — Commercial trailer factory shipments reached 8,296 in December, the highest monthly total for 2009. However, full year shipments were off 44 percent year-over-year and fell to the lowest level since 1975, according to commercial truck and trailer market analyst ACT Research Co.

Union Pacific 4Q profit falls 17 percent

Union Pacific 4Q profit falls 17 percent

OMAHA, Neb. — Union Pacific Corp. said Thursday its fourth-quarter profit fell 17 percent as the railroad’s efforts to improve productivity and limit costs could not offset lower shipping volume.

Initial jobless claims unexpectedly rise

Initial jobless claims unexpectedly rise

WASHINGTON — The number of newly-laid off workers seeking jobless benefits unexpectedly rose last week, as the economy recovers at a slow and uneven pace.

Dec. wholesale prices edge up; home construction down

Dec. wholesale prices edge up; home construction down

WASHINGTON — Inflation pressures at the wholesale level eased in December as a drop in energy prices offset a big jump in food costs.

CSX 4Q earnings rise, but shipping volume falls

CSX 4Q earnings rise, but shipping volume falls

NEW YORK — CSX Corp., the nation’s third-largest railroad, said Tuesday the economy improved modestly in the fourth-quarter, but its shipping volume dropped from a year ago as demand for coal to produce electricity remained weak.

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