WASHINGTON — Industrial production edged up 0.1 percent in March, lagging expectations despite growth in the key manufacturing sector. The results underscore the uneven nature of the spreading economic recovery.
WASHINGTON — U.S. freight railroads saw a 7.5 percent rise in carloads during March compared with the same month last year, and a decline of 11.5 percent compared with the same month in 2008, the Association of American Railroads reported Wednesday.
ATLANTA — In a good sign for the U.S. economy, shipping giant UPS said Wednesday it is firing on all cylinders and posted a 33 percent increase in first-quarter earnings per share.
WASHINGTON — The number of newly laid off people signing up for unemployment benefits rose sharply for the second straight week, suggesting that jobs are still hard to come by even as the economic recovery gains traction.
WASHINGTON — The Freight Transportation Services Index (TSI) rose 0.3 percent in February from its January level, rising for the second consecutive month, the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported Wednesday.
LOWELL, Ark. — J.B. Hunt Transport Services Inc. said Wednesday that its first-quarter profit rose 21.9 percent as it benefited from more truck-to-rail traffic and a profit in truck shipments