UPS Inc. said Friday it will launch a new “around-the-world” flight this summer to further enhance service between Singapore and markets in the Middle East, Europe and the United States.
May 18, 2007GovernmentBusinessFuel
Oil Closes Week Near $65 a Barrel
Crude oil futures for a second day closed just short of $65 a barrel on Friday, following a jump of more than $2 on Thursday, Bloomberg reported.
May 18, 2007BusinessSafetyGovernment
Citi Enters Fleet Financing Business
Citigroup Inc.’s commercial business unit said it is entering the transportation fleet financing business.
May 18, 2007BusinessGovernment
Consumer Sentiment Index Rises
U.S. consumer confidence rose this month following, according to the University of Michigan’s monthly consumer sentiment index released Friday.
May 18, 2007BusinessGovernment
Philadelphia Factory Index Gains
Manufacturing levels in the Philadelphia area rose this month, the Federal Reserve Bank of Philadelphia said Thursday.
May 17, 2007BusinessGovernmentEquipment
Truckers Sue Wal-Mart
A federal judge in Arkansas granted class-action status to truck drivers accusing Wal-Mart Stores of using racially discriminatory practices in hiring over-the-road drivers, the Arkansas Democrat-Gazette reported Thursday.
May 17, 2007BusinessTechnologyGovernmentLogistics
CP Workers Begin Strike
About 3,200 track workers for Canadian Pacific Railway went on strike Wednesday, slowing down trucks picking up containers stored at rail terminals, Canada’s Globe and Mail reported.
May 17, 2007GovernmentBusiness
April Economic Indicators Decline
An index of leading economic indicators fell in April, the New York-based Conference Board said Thursday.
May 17, 2007Government
Housing Starts Rise; Permits Plunge
Housing starts rose for a third straight month in April but building permits fell to a 10-year low, the Commerce Department said Wednesday.
May 16, 2007