The Department of Transportation’s freight transportation services index rose 0.8% in March from the same month last year, DOT said Wednesday.
May 9, 2012Business
FedEx to Buy French Delivery Firm
FedEx Corp. said Thursday it will acquire French express-delivery company Tatex as it pursues European growth through small deals and expansion of existing businesses.
May 10, 2012Business
U.S. Trade Deficit Jumps 14%
The U.S. trade deficit jumped by 14% in March as imports rose, the Commerce Department said Thursday.
May 10, 2012Business
Weekly Jobless Claims Fall by 1,000
Initial jobless claims fell last week to the lowest level in a month, the Labor Department said Thursday.
May 10, 2012BusinessFuel
Clean Energy’s 1Q Loss Widens on One-Time Charge
Clean Energy Fuels Corp. reported its first-quarter loss widened, in part due to one-time costs.
May 10, 2012Business
Wabash Buys Bulk-Trailer Maker Walker Group
Trailer manufacturer Wabash National Corp. said it has completed its previously announced acquisition of Walker Group Holdings.
May 9, 2012BusinessEquipment
Commercial Vehicle Group Reports Higher 1Q Income
Commercial Vehicle Group’s first-quarter profit improved, the truck and auto components maker said.
May 9, 2012BusinessFuel
DOE Lowers Price Forecasts for Diesel, Gasoline, Crude Oil
Diesel fuel will average $4.06 a gallon this year, the Department of Energy said, lowering a previous forecast.
May 9, 2012BusinessLogistics
First-Quarter Intermodal Volume Gains 5.8% Year-Over-Year
Intermodal traffic volume rose 5.8% in the first quarter from a year ago, the Intermodal Association of North America said.
May 9, 2012Business
Wholesale Inventories Rise
Wholesale inventories rose 0.3% in March, the Commerce Department said Wednesday.
May 9, 2012