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Dynamex's 2Q Income Falls
Logistics and delivery firm Dynamex Inc.'s fiscal second-quarter profit fell slightly to $2.22 million, or 23 cents a share, from $2.3 million, or 24 cents, a year ago.
Fourth-Quarter Productivity Revised Upward
Worker productivity jumped 6.9% in the fourth quarter, capping the largest one-year gain since 2002, the Labor Department said Thursday.
Jobless Claims Drop for Week
Initial jobless claims fell by 29,000 last week, the Labor Department said Thursday.
Fed Notes Modest Improvement in Transport Activity
The U.S. economy improved in nine of the Federal Reserve's 12 districts early this year, with transportation levels improving modestly, the Fed said Wednesday.
NAFTA Surface Trade Increases in December
Surface transportation trade among the United States, Canada and Mexico grew in December from a year earlier, the Department of Transportation said.
Obama Signs Measure Restoring Transportation Funds
President Obama signed a bill reinstating transportation funding and ending a two-day furlough of 2,000 U.S. Department of Transportation employees.
New Ambassador Bridge Span Rejected
The U.S. Coast Guard has rejected plans for a second Ambassador Bridge span connecting Detroit to Windsor, Ontario, the Detroit News reported.
ISM Services Index Improves
The U.S. economy's service sector improved in February, the Institute for Supply Management said Wednesday.
ISM Manufacturing Index Expands for Seventh Month
U.S. manufacturing activity expanded for a seventh straight month in February, the Institute for Supply Management said.
States Scrambling Following Transport Funding Shutdown
ARLINGTON, Va. - State transportation officials said the sudden shutdown of the federal highway program is putting them at risk of abandoning projects and cutting safety programs unless Congress reaches a deal to extend the now-lapsed reauthorization.
Construction Spending Drops 0.6%
Construction spending fell 0.6% in January, the Commerce Department reported.
Diesel Rises for Second Week, Climbing 2.9¢ to $2.861 a Gallon
Diesel fuel rose for the second straight week, gaining 2.9 cents to a national average $2.861 at the pump, the Department of Energy reported.
DOT Furloughs Under Way as Funding Flap Continues
The Department of Transportation is furloughing nearly 2,000 employees without pay starting Monday and is temporarily shutting down highway reimbursements to states worth hundreds of millions of dollars as a result of a Senate impasse over federal transportation funding.
Iowa Biodiesel Mandate Dies in Committee
A proposed 5% biodiesel mandate has died in the Iowa state legislature, the Fort Dodge Messenger reported.
Wal-Mart Pushes Efficiency Among Suppliers
Wal-Mart Stores is pushing its suppliers to be more energy efficient and reduce greenhouse gas emissions by 20 million metric tons by 2015, the Associated Press reported.
Ryder Enters Asian Logistics Partnership
Ryder System said Monday it has signed a joint venture partnership with Cargo Services Far East Limited, an Asia-based logistics provider specializing in export consolidation services.
Accuride Emerges from Chapter 11 Bankruptcy
Truck component maker Accuride Corp. said it has successfully completed a reorganization plan and emerged from Chapter 11 bankruptcy after five months.
Personal Spending Rises
Consumer personal spending rose 0.5 in January, marking the fourth straight increase, the Commerce Department said Monday.
Oberstar Says Senator's Action Threatens DOT Shutdown
A procedural maneuver in the U.S. Senate that blocked passage a long-term extension of federal highway funding could shut down several Department of Transportation agencies, including the Federal Motor Carrier Safety Administration, beginning Tuesday, Rep. James Oberstar (D-Minn.) said Friday.
Velocity Appoints McAlpin President
Bankrupt express package carrier Velocity Express, Westport, Conn., said it has appointed John McAlpin as president and chief operating officer.
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