WASHINGTON — An injection of $26 billion in federal aid won’t be enough to save the jobs of more than a half million people who work for state and local governments or for companies that do business with them.
WASHINGTON — The Association of American Railroads has reported that for the week ending July 31, 2010, U.S. railroads reported the highest traffic levels of 2010 for both carload and intermodal traffic. U.S. railroads originated 300,292 carloads for the week, up 9.4 percent compared with the same week in 2009, but down 10.6 percent from the same week in 2008.
The merger of the truck stop operations of Pilot and Flying J is the industry’s most significant transaction in many, many years, creating a nationwide network of over 550 locations that is twice the size of the next nearest competitor.
NEW YORK — Shares of trucking company YRC Worldwide Inc. fell Tuesday as investors worried over the challenges ahead, despite its report of a much narrower second-quarter loss.