Transport Topics
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U.S. holiday shopping is on track for a modest 3.7% rise this year after strong turnout during the Thanksgiving and Black Friday weekend and thanks to strong online sales, the National Retail Federation said Nov. 29 after releasing an annual consumer poll.
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Oil headed for its largest monthly drop Nov. 30 since July as Iran signaled the Organization of Petroleum Exporting Countries won't reduce its production target at a meeting this week.
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Weekly U.S. intermodal rail traffic dropped 1.7% from the same period last year, the Association of American Railroads reported.
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Contract signings to purchase previously owned homes rose less than forecast in October after declining in the prior two months, showing residential real estate is cooling heading into the quieter selling season.
West Virginia Trucking Association members receive a 2.7% discount
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