Monday, April 23, 2018
Business
AAR reports carloads at highest weekly level since November 08

AAR reports carloads at highest weekly level since November 08

WASHINGTON — Freight traffic on U.S. railroads is continuing to show solid signs of recovery with carload freight volume hitting its highest level since November 2008 during the week ended March 27, 2010, the Association of American Railroads reported Thursday.

Old Dominion certified as ASE training provider

Old Dominion certified as ASE training provider

THOMASVILLE, N.C. — Old Dominion Freight Line Inc. has been recognized as an Automotive Service Excellence (ASE) training provider, making it the first less-than-truckload carrier to earn such an honor for its instructor-led training program, the company reports.

Mixed economic signals: manufacturing up, construction down

Mixed economic signals: manufacturing up, construction down

Two economic indicators released today show both sides of the spectrum — manufacturing was up, construction down.

Geithner: Jobless rate to stay 'unacceptably high'

Geithner: Jobless rate to stay 'unacceptably high'

WASHINGTON — Treasury Secretary Timothy Geithner said Thursday it's "deeply unfair" that some financial institutions that got taxpayer-paid bailouts are emerging in better shape from the recession than millions of ordinary Americans.

FTR forecasts slow improvement in Class 8 demand

FTR forecasts slow improvement in Class 8 demand

NASHVILLE, Ind. —Demand for Class 8 vehicles this year will increase just 3 percent over 2009, according to the March North American Commercial Truck and Trailer Outlook Report by FTR Associates. The company projects that this will be followed by considerably more significant improvement of more than 50 percent in 2011.

Factory orders rise for 10th time in 11 months

Factory orders rise for 10th time in 11 months

WASHINGTON — Factory orders rose in February, bolstered by strong demand for industrial machinery and commercial aircraft. It was the 10th increase in 11 months as manufacturing continues to provide crucial support for the nation's economic recovery.

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