Advertisement
Old Dominion Freight Line Announces General Rate Increase Of 4.9%
(RTTNews) - Old Dominion Freight Line, Inc. (ODFL) announced Thursday a general rate increase (GRI) of 4.9 percent applicable to rates established under the existing ODFL 559, 670, and 550 tariffs, effective January 3, 2023.
The company said the GRI is based on the Company's economic forecast and expectations for the operating environment. This GRI will affect the Company's class tariffs and is intended to partially offset the rising costs of real estate, new equipment, technology investments, and competitive employee wage and benefit packages.
The GRI also provides for a nominal increase in minimum charges with respect to intrastate, interstate and cross border lanes.
read more
European Shares Rise Amid Fed Rate Cut Hopes, Earnings Deluge
European stocks advanced on Monday as investors digested a slew of earnings updates and held onto hopes that the U.S. Federal Reserve may soon pivot to monetary easing.
RTTNews
|
il y a 21 minutes
Asian Shares Extend Gains Amid Fed Rate Cut Hopes
Asian stocks rose for a second consecutive session on Tuesday after a Federal Reserve official said the time is nearing for rate cuts.
RTTNews
|
il y a 1h 2min
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Tuesday.
RTTNews
|
il y a 1h 11min
Indonesia GDP Growth Fastest In 2 Years
Indonesia's economic growth accelerated the most in two years in the second quarter driven by household spending and investment, official data showed Tuesday. Gross domestic product expanded 5.12 percent year-on-year in the second quarter, following an annual growth of 4.87 percent seen in the first quarter. The latest expansion was the fastest since the second quarter of 2023.
RTTNews
|
il y a 2h 25min
China Services Growth Fastest Since May 2024
China's services activity expanded at the fastest pace in more than a year in July on rising inflows of new business, purchasing managers' survey data from S&P Global showed on Tuesday. The headline general services business activity index rose to 52.6 in July from 50.6 in June. The index extended the current period of growth to just over two-and-a-half years. Moreover, the index suggested that t
RTTNews
|
il y a 3h 37min
European Economic News Preview: Eurozone Final Composite PMI Data Due
Composite Purchasing Managers' survey results from the euro area and other major euro area economies are due on Tuesday. At 2.45 am ET, France's statistical office INSEE publishes industrial output data for June. Production is forecast to grow 0.8 percent on a monthly basis, in contrast to the 0.5 percent fall in May. At 3.00 am ET, Spain's INE publishes industrial output data for June.
RTTNews
|
il y a 4h 1min
European Shares Set To Open On Firm Note
European stocks are seen opening higher on Tuesday as investors await the next batch of earnings and any new developments on the trade front.
RTTNews
|
il y a 4h 6min
Sensex, Nifty Open Lower After Trump's Fresh Tariff Threat
Indian shares opened on a sluggish note Tuesday after U.S. President Donald Trump threatened to "substantially" raise tariffs on goods imported from India, accusing that the country profited from Russia's war in Ukraine by purchasing large quantities of Russian oil and reselling it on the global market.
RTTNews
|
il y a 5h 7min
