Tuesday, October 24, 2017
Business
Retail sales sink, jobless claims rise

Retail sales sink, jobless claims rise

WASHINGTON — Retail sales unexpectedly fell in December, leaving 2009 with the biggest yearly drop on record and highlighting the formidable hurdles facing the economy as it struggles to recover from the deepest recession in seven decades.

Class 8 sales post best result of 2009 in December

Class 8 sales post best result of 2009 in December

Heavy duty trucks registered easily the best sales of 2009 in December, jumping 30.2 percent from the month before — and November had set previous the standard for the year. December also marked the fourth consecutive month-to-month improvement as truck buyers eyed savings ahead of the more costly, 2010 emissions-compliant equipment.

DOT freight measure rises in November, still behind for year

DOT freight measure rises in November, still behind for year

WASHINGTON — The Freight Transportation Services Index (TSI) rose 1.8 percent in November from its October level, rising after two consecutive monthly declines, the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported.

2009 U.S. rail traffic falls to lowest level in 21 years

2009 U.S. rail traffic falls to lowest level in 21 years

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.

Analyst upgrades Werner, says trucking is improving

Analyst upgrades Werner, says trucking is improving

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.

Landstar launches new customer-focused Web site

Landstar launches new customer-focused Web site

JACKSONVILLE, Fla. — Landstar System Inc. reports the company has launched its redesigned Web site at www.landstar.com.

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