The U.S. economy improved modestly from October through mid-November as consumer spending rose in most areas and transportation activity showed some signs of improvement, the Federal Reserve said.
December 2, 2009Business, Safety, Government
Former ATA Chair Shorty Whittington Attends White House Jobs Summit
American Trucking Associations Immediate Past Chairman Charles Shorty Whittington is attending the White Houses economic forum Thursday, which is being billed as a jobs summit.
December 3, 2009Business, Fuel, Government
UTi Worldwides 3Q Profit Falls
Air and freight forwarder UTi Worldwide reported a decline in net income and revenue for its fiscal third quarter.
December 3, 2009Business, Government, Logistics
Five-Day Teamsters Strike at CN Ends
A five-day strike by the Teamsters Canada Rail Conference against Canadian National Railway ended Wednesday as negotiations resumed between the parties.
December 3, 2009Business, Government, Safety
U.S. Worker Productivity Jumps to 8.1% Rate
U.S. workers productivity surged in the third quarter to an annual rate of 8.1%, increasing at the fastest in six years, the Labor Department said Thursday.
December 3, 2009Business
Initial Jobless Claims Fall to One-Year Low
Initial jobless claims fell to their lowest level in a year, the Labor Department reported Thursday.
December 3, 2009Business, Logistics
Dynamex Reports Lower 1Q Income
Logistics and delivery firm Dynamex Inc.s fiscal first-quarter profit fell slightly to $3.03 million, or 31 cents a share, from $3.05 million, or 30 cents, a year ago.
December 2, 2009Business, Safety, Government
Economy, Transport Activity Show Modest Increases, Fed Says
Business, Safety, Government, Equipment
Navistar Sets Venture to Build Electric Trucks
Navistar International Corp. said Wednesday that one of its affiliates will create a joint venture with U.K.-based Modec Ltd. to build Class 2 and 3 all-electric commercial trucks in the United States for sale to North, Central and South American markets.
December 2, 2009Business
November Auto Sales Improve
U.S. auto sales improved year-over-year in November for the first time this year without a government-backed stimulus plan involved, a signal that buyers are returning to showrooms as the economy stabilizes, Bloomberg reported.
December 2, 2009Business
UPS Chief Predicts Modest Gain in Holiday Shipments
UPS Inc.s chief executive officer said he expects shipments to increase in the low single-digit range from a year ago during the peak season between Thanksgiving and Christmas, boosted by online purchases, Bloomberg reported.
December 2, 2009