Norfolk Southern Corp. said its third-quarter net income will be below a year ago on lower revenue from coal, general merchandise and fuel surcharges.
September 20, 2012GovernmentBusiness
Leading Economic Indicators Fall
An index of leading economic indicators fell 0.1% in August, the New York-based Conference Board said Thursday.
September 20, 2012BusinessEquipment
Philadelphia Factory Index Contracts for Fifth Month
Manufacturing activity in the Philadelphia region contracted for a fifth straight month in September, the Federal Reserve Bank of Philadelphia said Thursday.
September 20, 2012BusinessLogistics
C.H. Robinson to Acquire Poland’s Apreo Logistics
Logistics company C.H. Robinson Worldwide Inc. announced it has agreed to acquire Polish freight forwarder Apreo Logistics S.A. No terms were disclosed.
September 20, 2012Business
Initial Jobless Claims Drop for Week
Initial jobless claims decreased last week by 3,000, the Labor Department said Thursday.
September 20, 2012BusinessFuel
Oil Falls to Six-Week Low $92 a Barrel
Oil fell to a six-week low just under $92 a barrel Wednesday following a Department of Energy report that showed supplies spiked last week, Bloomberg reported.
September 19, 2012Business
UTi Worldwide Sets Management Changes
UTi Worldwide said it has made several key executive changes to the logistics company’s organization, following a reported drop in its second-quarter profit.
September 19, 2012Business
Kenco Promotes Burns to President, Material Handling Division
Kenco Logistics Services has promoted Jeff Burns to president of its business unit Kenco Material Handling Solutions.
September 19, 2012Business
Existing ºÚÁϳԹÏÍø Sales Rise to Two-Year High
Existing home sales rose 7.8% in August to a two-year high, the National Association of Realtors said Wednesday.
September 19, 2012Business
Housing Starts Rise in August
Housing starts rose 2.3% in August, the Commerce Department said Wednesday.
September 19, 2012