The national average price of diesel fuel fell another 3.3 cents to $2.186 a gallon, while gasoline rose for the sixth time in seven weeks, Energy Department said.
February 18, 2009GovernmentBusinessSafety
MAN’s 4Q Income Drops; Will Cut Production
Germany-based truck maker MAN AG will cut costs and extend reductions in its employees’ work hours after the recession and declining sales caused its fourth-quarter profit to plunge by almost half, Bloomberg reported.
February 19, 2009GovernmentBusiness
Leading Indicators Rise 0.4% in January
An index of leading economic indicators rose 0.4% in January, the largest increase since December 2006, the New York-based Conference Board said.
February 19, 2009BusinessGovernment
Philadelphia Fed Factory Index Drops to 18-Year Low
Manufacturing levels in the Philadelphia region contracted in February, the Federal Reserve Bank of Philadelphia said Thursday. The contraction was at the fastest pace in more than 18 years.
February 19, 2009Government
Producer Price Index Rises 0.8%
Prices paid to U.S. producers rose 0.8% in January, the largest gain in six months, the Labor Department said Thursday.
February 19, 2009Government
Producer Price Index Rises 0.8%
February 19, 2009
EditorialGovernmentBusinessSafetyLogisticsAutonomous
Trucking’s Growing Job Losses
Trucking suffered the greatest loss of jobs in history during January, excluding the month of the national drivers’ strike in 1994.
February 19, 2009Government
Housing Starts Plunge to New Low
New housing starts fell to a record low in January, the Commerce Department said Wednesday.
February 18, 2009BusinessGovernment
Import Prices Fall for Sixth Straight Month
The price of goods imported to the United States fell for a sixth straight month in January on lower commodity costs, declining 1.1%, the Labor Department said Wednesday.
February 18, 2009GovernmentBusinessSafetyFuel
Hearing to Come on Calif. Emissions Waiver
The Environmental Protection Agency will hold a public hearing March 5 on a 2007 decision to deny California a waiver allowing the state to implement its own greenhouse gas emission standards for automobiles and light trucks.
February 17, 2009