Daimler AG will end its listing on the New York Stock Exchange, citing low trading volumes, Bloomberg reported Friday.
May 14, 2010Business
Retail Sales Rise for Seventh Straight Month
Retail sales rose 0.4% in April, the seventh consecutive monthly increase, the Commerce Department said Friday.
May 14, 2010Business
Industrial Production Takes Biggest Gain in Three Months
Industrial production rose in April by the most in three months, gaining 0.8%, the Federal Reserve said Friday.
May 14, 2010BusinessGovernmentLogistics
Consumer Confidence Improves in May
U.S. consumer confidence grew this month, according to the latest Reuters/University of Michigan monthly consumer sentiment index released Friday.
May 14, 2010Business
Business Inventories, Sales Increase
Business inventories rose 0.4% in March as sales surged, the Commerce Department said Friday. Sales jumped 2.3%, the biggest since November.
May 14, 2010BusinessLogistics
Intermodal Volume Grows in First Quarter
Intermodal traffic volume gained 8.4% in the fourth quarter, an improvement over the fourth quarter’s decline of 6.4%, the Intermodal Association of North America said.
May 14, 2010BusinessLogistics
Intermodal Traffic Increases for Week
Intermodal rail traffic continued its upward trend last week, rising 14% from the same week last year, the Association of American Railroads said.
May 13, 2010BusinessSafety
Feds Lifting Boston’s Hazmat Restrictions
Trucks carrying hazardous materials will be allowed to pass through Boston’s streets starting next week, after the Federal Motor Carrier Safety Administration lifted the city’s restrictions on hazmat movement, the Boston Globe reported Thursday.
May 13, 2010BusinessGovernment
TNT, Con-way Freight Expand Partnership
Dutch-based package carrier TNT and Con-way Freight announced the expansion of their partnership to move freight between the United States and Europe, with new service at Los Angeles International Airport and Miami International Airport.
May 13, 2010Business
Jobless Claims Decrease for Week
Initial jobless claims declined by 4,000 last week, the Labor Department said Thursday.
May 13, 2010