The U.S. trade deficit narrowed by 12% in February on lower imports, including a big drop in crude oil imports, the Commerce Department reported Thursday.
April 12, 2012Business
Jobless Claims Rose Last Week
Initial jobless claims rose last week from a four-year low, the Labor Department said Thursday.
April 12, 2012BusinessLogistics
Quiet Logistics Hired by Vida Shoes
Distribution and warehouse operator Quiet Logistics has been enlisted by footwear maker Vida Shoes International Inc. to handle fulfillment for online orders.
April 12, 2012GovernmentBusiness
Economy Shows Moderate Growth, Fed Says
The U.S. economy showed moderate expansion in the past two months, as manufacturing, hiring and retail sales showed signs of strength, though several areas cited concerns about finding qualified truck drivers, the Federal Reserve said Wednesday.
April 11, 2012Business
Truck Driver Turnover Rate Dips in 4Q
After a year of quarterly increases, the turnover rate for truck drivers at large truckload fleets unexpectedly dipped 1% to an annualized rate of 88%, American Trucking Associations said Wednesday.
April 11, 2012Business
DOT Freight Transportation Index Rises in February
The Department of Transportation’s freight transportation services index rose 3.6% in February from a year ago, DOT said Wednesday.
April 11, 2012Business
UPS Sets New Ground Freight Service with Mexico
UPS Inc. announced Wednesday it has set a new ground freight service between the United States and Mexico.
April 11, 2012Business
Import Prices Jump 1.3% in March
The price of goods imported to the United States rose 1.3% last month, reflecting higher fuel costs, the Labor Department reported Wednesday.
April 11, 2012BusinessFuel
Diesel to Hold Over $4 Into Next Year, DOE Energy Outlook Says
Diesel will average $4.21 a gallon this summer and $3.94 a gallon this year, while holding over $4 into 2013, the Department of Energy said Tuesday.
April 10, 2012Business
Mexican Border Crossings Rose 2.6% Last Year, DOT Says
The number of trucks that crossed into the United States from Mexico and Canada rose 1.7% last year from 2010, with the Mexican border seeing a larger increase, the Department of Transportation said.
April 10, 2012