Oil fell more than $3 Thursday to finish the trading day under $80 a barrel for the first time since early October, Bloomberg reported.
June 22, 2012BusinessAutonomous
Kenworth T680 Earns EPA SmartWay Designation
Kenworth Truck Co. said its new T680 heavy-duty truck has been SmartWay-certified by the U.S. Environmental Protection Agency.
June 22, 2012Business
Section of New Panama Canal Lock Completed
The Panama Canal Authority announced the completion of the first section of a new lock wall as part of its $5 billion expansion project that is intended to double the waterway’s freight-handling capacity.
June 22, 2012Business
UPS’ $6.3 Billion Offer for TNT Begins Friday
UPS Inc. said its approximately $6.3 billion offer for Dutch package firm TNT Express will begin Friday and run through Aug. 31.
June 21, 2012BusinessSafetyGovernmentAutonomous
ATA Urges FMCSA to Keep Truck Safety Program’s Intent
The federal Compliance, Safety, Accountability program is in danger of turning its focus from its original intent — to reduce truck-related crashes, fatalities and injuries, American Trucking Associations said Thursday.
June 21, 2012Business
DOT Creates Online Career Center for Veterans
The Department of Transportation said Thursday it has created an online career center for veterans seeking jobs in the transportation industry.
June 21, 2012BusinessGovernment
Philadelphia Manufacturing Index Contracts
Manufacturing activity in the Philadelphia region contracted in June, Federal Reserve Bank of Philadelphia said Thursday.
June 21, 2012BusinessLogistics
Existing ºÚÁϳԹÏÍø Sales Slip in May
Existing home sales declined 1.5% in May, the National Association of Realtors said Tuesday.
June 21, 2012BusinessGovernment
Leading Economic Indicators Rise 0.3%
An index of leading economic indicators rose 0.3% in May, the New York-based Conference Board said Thursday.
June 21, 2012Business
Initial Jobless Claims Decline
Initial jobless claims fell by 2,000 last week, to 387,000, the Labor Department said Thursday.
June 21, 2012