Transport Topics
US Manufacturing Production Falls for Second Straight Month
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Factory output fell in September for a second month as high inventories and lukewarm demand from overseas customers kept American producers bogged down.
UPS Announces Rate Increases
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UPS Inc. announced rate increases of 4.9% on average for the majority of its business, citing higher costs and other factors.
CSX to Cut 300 Jobs as Coal Freight Drops
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CSX Corp. plans to cut 300 jobs at Erwin, Tennessee, in response to a steady decline in coal traffic.
Teamsters Carhaul Drivers Vote to Reject Contract
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Teamsters carhaulers overwhelmingly rejected a tentative agreement covering about 6,000 workers, sending management and union negotiators back to the bargaining table.
Consumer Prices Rise in September, Pushed by Higher Rents
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Consumer prices in the United States, excluding food and fuel, rose more than forecast in September, propelled by rising rents. Plunging energy expenses caused total costs to decrease by the most since January.
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