WASHINGTON — Transportation Secretary Ray LaHood said Wednesday that the Department of Transportation’s two-day distracted driving summit was likely to result in “something legislatively” to ban texting and driving, which he termed a national “epidemic.”
October 1, 2009Business
FedEx Trade Networks Names New CEO
FedEx Corp. has promoted Fred Schardt to chief executive officer of its FedEx Trade Networks subsidiary, the company said Thursday.
October 1, 2009Business, Safety, Government
ISM Factory Index Slips But Shows Expansion
An index of U.S. manufacturing activity declined slightly in September but showed overall expansion, the Institute for Supply Management said Thursday.
October 1, 2009Government, Business
Construction Spending Jumps in August
U.S. construction spending rose 0.8% in August, the largest increase since September 2008, the Commerce Department said Thursday.
October 1, 2009Business, Government
Personal Spending Rises by the Most in 8 Years
Consumer personal spending rose in August by the largest amount in almost eight years, while incomes climbed for the second consecutive month, the Commerce Department said Thursday.
October 1, 2009Business
Initial Jobless Claims Climb for Week
Initial jobless claims rose by 17,000 last week to 551,000, the Labor Department said Thursday.
October 1, 2009Business, Safety, Government, Logistics
LaHood, at Summit, Calls Distracted Driving ‘Epidemic’
Business, Safety, Government
NAFTA Surface Trade Falls 28% in July
Surface transportation trade among the United States, Canada and Mexico plunged 28% in July from a year earlier, though rose from June, the Department of Transportation said.
September 30, 2009Business, Government
Final GDP Reading for 2Q Revised Upward to a 0.7% Decline
The U.S. economy contracted at an annual rate of 0.7% in the second quarter, better than the 1% decline previously estimated, the Commerce Department said Wednesday.
September 30, 2009Business, Safety, Government
Chicago Manufacturing Index Falls
Manufacturing activity in the Chicago area shrank in September, the Institute for Supply Chain Management-Chicago said Tuesday.
September 30, 2009Business, Logistics
CN Opens Reconstructed Memphis Yard
Canadian National Railway said that it has completed a $100 million reconstruction project on its Memphis, Tenn., rail classification yard.
September 30, 2009