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U.S. to Resolve Truck Dispute, Clinton Tells Mexican Officials
Secretary of State Hillary Clinton said the United States is “working very hard to achieve a resolution” to a trade dispute that led to Mexico imposing tariffs on U.S. goods valued at more than $2 billion after President Obama signed a law ending a cross-border trucking plan.
March 30, 2009Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Consumer Confidence Index Improves
U.S. consumer confidence rose slightly this month, but still remains near its lowest point in three decades, according to the Reuters/University of Michigan’s final monthly consumer sentiment index released Friday.
March 27, 2009China Auto Production Tops U.S., Group Says
China passed the United States last year to become the world’s second largest auto-producing nation behind Japan, according to a California research firm.
March 27, 2009Personal Spending Rises for Second Straight Month
Consumer personal spending rose in February for the second consecutive month, the Commerce Department said Friday.
March 27, 2009Opinion: Don’t Worry — Take Action
The private sector has plenty to worry about at the moment. On a global scale, there are the conflicts in Iraq and Afghanistan and Iran’s nuclear issues.
March 27, 2009UTi Worldwide Reports Fourth-Quarter Loss
Air and ocean freight forwarder UTi Worldwide lost $89.8 million, or 89 cents per share, for its fiscal fourth quarter, compared with a profit of $18 million, or 18 cents per share, a year ago.
March 26, 2009House Bill Would Extend Size, Weight Limits
A House bill would freeze the truck size and weight limits of 53 feet for trailers and 80,000 pounds for the entire national highway system.
March 26, 2009Fourth-Quarter GDP Contracts 6.3%
The U.S. economy contracted at an annual rate of 6.3% rate in the fourth quarter, marking the biggest contraction since 1982, the Commerce Department said Thursday.
March 26, 2009February New ϳԹ Sales Rise 4.7%
New home sales rose 4.7% in February after bottoming out in January at the lowest rate on record, the Commerce Department said Wednesday.
March 25, 2009Durable Goods Post 3.4% Gain in February
Durable goods orders rose 3.4% in February, the biggest gain in more than a year and the first in seven months, the Commerce Department said Wednesday.
March 25, 2009