Many U.S. companies seeking to export their goods are facing shortages of containers to ship them, the Wall Street Journal reported Thursday.
April 10, 2008Business
GE Posts Lower 1Q Profit, Cuts Outlook
General Electric Co. reported a lower-than-expected first-quarter profit on Friday and lowered its outlook for the full year, the Associated Press reported.
April 11, 2008Business, Government
Import Prices Jump 2.8% in March
The price of goods imported to the United States jumped 2.8% in March, the Labor Department said Friday.
April 11, 2008Government, Business
U.S. Exporters Facing Container Shortages
Business
High-Tech N.J. Weigh Station Is Having Problems
Problems are plaguing New Jersey’s most high-tech weigh station for trucks, the Associated Press reported.
April 10, 2008Business
Navistar Renames Corporate Units
Navistar International Corp. said it has renamed most of its subsidiaries in order to “bring clarity” to its growing number of brands.
April 10, 2008Business, Safety
Intermodal Traffic Declines 1.1% for Week
Rail intermodal traffic fell 1.1% for the week ended Saturday compared with a year ago, the Association of American Railroads said Thursday.
April 10, 2008Business, Safety, Government, Logistics
Bruce Carlton Named NITL President
The National Industrial Transportation League said Bruce Carlton will become the group’s president on June 1. He will succeed interim president Annette Sandberg.
April 10, 2008Business
Initial Jobless Claims Fall for Week
Initial jobless claims fell by the most in two and a half years last week, the Labor Department said Thursday.
April 10, 2008Business, Government
Roadway Launches Expedited Ocean Service from China
YRC Worldwide unit Roadway has launched an expedited ocean service from China to the United States, the company said.
April 10, 2008Business
MAN Will Not Have to Seek All of Scania’s Shares
German truck maker MAN AG is not obligated to offer to buy all the shares of Swedish rival Scania AB’s shares, even as MAN has ownership ties with Volkswagen AG, Bloomberg reported.
April 10, 2008