WASHINGTON — The Association of American Railroads reported Wednesday that 2009 saw total carload traffic on U.S. railroads at its lowest levels since at least 1988, when the AAR’s data series began.
NEW YORK — A Deutsche Bank analyst upgraded Werner Enterprises Inc., saying the trucking sector is improving and the company will be able to increase its rates.
WASHINGTON — President Barack Obama is trumpeting a new White House estimate that his top economist calls “stunning”: His stimulus plan has already created or saved up to 2 million jobs.
TROY, Mich. — ArvinMeritor, Inc. today hosted U.S. Secretary of Transportation Ray LaHood to showcase the company's advanced technologies for Class 8 commercial vehicles. Highlighted technologies included the dual-mode hybrid Class 8 drivetrain and stability control and collision safety systems, offered by the company's Meritor WABCO joint venture.
WASHINGTON — The U.S. trade deficit jumped to the highest level in 10 months as an improving U.S. economy pushed up demand for imports. However, exports rose as well, boosted by a weaker dollar, supporting the view that American manufacturers will be helped by a rebounding global economy.