Transport Topics
Consumer Sentiment Exceeds Expectations as Finances Improve
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Consumer sentiment climbed more than forecast in October as lower-income Americans projected wage gains will accelerate and falling energy prices helped stretch paychecks.
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.
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