GREEN BAY, Wis. — It was an event 75 years in the making Thursday when Schneider, as the nation’s largest truckload carrier, celebrated its milestone anniversary with industry leaders, members of the Schneider family and hundreds of Schneider National associates gathered at the company’s Green Bay, Wis. headquarters. The celebration focused on the company’s longstanding commitment to the transportation and logistics industry, an industry that lies at the heart of the U.S. economy, with more than 70 percent of all goods consumed in the country delivered by truck.
MINNEAPOLIS, Minn. — With a monthly increase not seen since February 1999, the Ceridian-UCLA Pulse of Commerce Index (PCI) climbed 3.1 percent in May. The increase represents the strongest indicator yet from the PCI that the U.S. economy is on the upswing, according to the UCLA Anderson School of Management report.
LOMBARD, Ill. — An annual benchmark report released Thursday shows the continued impact of the economic slowdown on the U.S. logistics industry. The 21st Annual “State of Logistics Report” reveals that, continuing the decline reported in 2008, business logistics costs fell to 7.7 percent of U.S. Gross Domestic Product (GDP) in 2009, as compared to 9.3 percent the previous year.
COLUMBUS, IN – A strengthening North American economy and improving supply/demand balance of freight hauling truck capacity are primary factors in a continuing rebound of orders and production of commercial vehicles, according to the market analysts at ACT Research Co. (ACT).
WASHINGTON — In a boost for the president on global warming, the Senate on Thursday rejected a challenge to Obama administration rules aimed at cutting greenhouse gas emissions from power plants and other big polluters.
WASHINGTON — Retail sales plunged in May by the largest amount in eight months as consumers slashed spending on everything from cars to clothing. The big drop raises new worries about the durability of the economic recovery.