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UPS Lowers Earnings Estimate, Sending Stock to Five-Year Low

UPS Inc. lowered guidance on its second-quarter earnings by about 15%, less than one week after FedEx Corp. posted its first quarterly loss since 1997, demonstrating that even the two largest corporations in North American freight transportation, with the most far-reaching global footprints, are ultimately not immune to the continuing struggles of the all-but-stagnant U.S economy.

June 30, 2008

New ºÚÁϳԹÏÍø Sales Drop 2.5%

New home sales fell 2.5% in May, the Commerce Department said Wednesday.

June 25, 2008

Customs Not Likely to Meet Deadline for Screening All U.S.-Bound Containers

The federal agency charged with preventing weapons of mass destruction from entering the United States likely cannot meet a 2012 deadline imposed by Congress and requiring that all U.S.-bound cargo containers be scanned by imaging and radiation equipment before leaving foreign ports.

June 24, 2008

Durable Goods Orders Unchanged in May

Durable goods orders were unchanged in May, the Commerce Department said Wednesday.

June 25, 2008

ATA Calls for Reliable Oil Supply

An American Trucking Associations official urged Congress and the Bush administration to implement a comprehensive plan to increase domestic oil supplies and ensure an affordable supply of oil for the nation’s 3.5 million truck drivers.

June 25, 2008

Oil Jumps Past $137 a Barrel

Crude oil prices jumped $3 Thursday to more than $137 a barrel on concerns that Libya may cut production and that European interest rates could push prices higher, Bloomberg reported.

June 26, 2008

Minn. Bridge Has Half of Its Concrete Sections

Workers on Tuesday put into place the 60th of 120 concrete sections on the new Interstate 35W bridge in Minneapolis, keeping the work on course for completion ahead of schedule, the Associated Press reported.

June 24, 2008

Consumer Confidence Falls to 16-Year Low

Consumer confidence fell to the lowest level in more than 16 years this month, the New York-based Conference Board said Tuesday.

June 24, 2008

Consumer Confidence Falls to 16-Year Low

Consumer confidence fell to the lowest level in more than 16 years this month, the New York-based Conference Board said Tuesday.

June 24, 2008

Letters to the Editor: Fuel Price Crises, Drug Clearinghouse, Fighting Back, Authority

With sightings of $5 diesel looming in some states, the fuel surcharge is a necessary ingredient to help offset the weekly fuel cost increases.

June 25, 2008