Transport Topics
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Weekly U.S. intermodal rail traffic declined for the first time since September, the Association of American Railroads reported.
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A swift voice vote by the Senate on Oct. 28 to send President Obama legislation that would extend funding authority for highway programs through Nov. 20 marked the 35th time Congress has passed such short-term fixes.
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UPS third-quarter sales missed analysts' estimates as a drag from foreign currency and lower fuel surcharges weighed on results.
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Roadrunner Transportation Systems said third-quarter earnings would be 14 cents to 17 cents per share, far below the 44 cents per share average estimate, citing a combination of one-time costs and a weaker-than-expected freight market.
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