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Location:
11859 S Central Avenue
Alsip, IL 60803
Phone:
(708) 597-8700
E-mail:
info@firstlogisticsllc.com

U.S. rail carload and intermodal volumes are down for the week ending March 11, reports AAR
Rail carloads—at 229,246—fell 1.5% annually, and intermodal containers and trailers—at 229,383—fell 13.0%.
Ongoing demand weakness again impacts FedEx earnings
Quarterly revenue—at $22.2 billion—was off 6% annually, and net income—at $865 million was below the $1.22 billion recorded a year ago. Diluted earnings per share—at $3.41—fell 7.4%.
Commerce, NRF data shows mixed sequential readings and annual gains, for February retail sales
Commerce reported that February retail sales—at $697.9 billion—were off 0.4% compared to January and up 5.4% annually. And it added that total retail sales, from December through February, saw a 6.4% annual gain compared to the same period a year ago. NRF reported that its calculation of retail sales, which excludes automobile dealers, gasoline stations, […]

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