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Diesel Declines 1.2瞽 to $2.775
The average price of U.S. retail dipped 1.2 cents to $2.775 a gallon last week, the fourth straight decline. The fuel, however, remains just 3.3 cents below the high for the year, the Department of Energy reported.
December 7, 2009Factory Orders Rise for Sixth Time in Seven Months
U.S. factory orders rose for the sixth time in seven months in October, the Commerce Department said Friday.
December 4, 2009ISM Services Index Contracts
The U.S. economys service sector contracted last month, the Institute for Supply Management said Thursday.
December 3, 2009Canadian Officials Approve Plans for New Detroit-Windsor Crossing
Canadian federal and local authorities have green-lighted environmental plans for the Detroit River International Crossing project, part of a plan for a new proposed bridge crossing between the U.S. and Canada.
December 4, 2009Five-Day Teamsters Strike at CN Ends
A five-day strike by the Teamsters Canada Rail Conference against Canadian National Railway ended Wednesday as negotiations resumed between the parties.
December 3, 2009UTi Worldwides 3Q Profit Falls
Air and freight forwarder UTi Worldwide reported a decline in net income and revenue for its fiscal third quarter.
December 3, 2009U.S. Worker Productivity Jumps to 8.1% Rate
U.S. workers productivity surged in the third quarter to an annual rate of 8.1%, increasing at the fastest in six years, the Labor Department said Thursday.
December 3, 2009Former ATA Chair Shorty Whittington Attends White House Jobs Summit
American Trucking Associations Immediate Past Chairman Charles Shorty Whittington is attending the White Houses economic forum Thursday, which is being billed as a jobs summit.
December 3, 2009Cummins Cutting 400 Jobs at Truck Engine Plant
Cummins Inc. plans to temporarily cut about 400 jobs at a plant in western New York state starting in January because of expected lower demand for the heavy-duty engines produced there, Bloomberg reported.
December 3, 2009Navistar Sets Venture to Build Electric Trucks
Navistar International Corp. said Wednesday that one of its affiliates will create a joint venture with U.K.-based Modec Ltd. to build Class 2 and 3 all-electric commercial trucks in the United States for sale to North, Central and South American markets.
December 2, 2009