A day after rising more than $3, oil prices fell back by about $2 to below $44 a barrel after China downplayed speculation its government would increase a stimulus plan to help its economy, Bloomberg reported.
March 5, 2009Search
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EPA to Require OBD Systems Starting in 2010
The Environmental Protection Agency will require onboard diagnostics systems on at least one engine family per manufacturer starting in 2010.
March 9, 2009Dynamex Reports Lower 2Q Income
Logistics and delivery firm Dynamex Inc.’s fiscal second-quarter profit fell to $2.3 million, or 24 cents a share, from $3.4 million, or 33 cents, a year ago.
March 5, 2009Factory Orders Decline 1.9% in January
U.S. factory orders fell for a sixth straight month in January, declining 1.9%, the Commerce Department said Thursday.
March 5, 2009Fourth-Quarter Productivity Falls
Fourth-quarter U.S. worker productivity fell at a 0.4% annual rate, the Labor Department said Thursday.
March 5, 2009Oil Rises Past $45 a Barrel
Oil jumped almost $4 Wednesday to more than $45 a barrel, on signs that OPEC may reduce its output and China may take steps to improve its economic output, Bloomberg reported.
March 4, 2009Medallion Logistics Is Created to Offer Trucking, Brokerage
Gary Weilheimer and Tom Tranovich, who have more than 40 years combined transportation experience, said they are opening linked non-asset-based businesses to serve the logistics industry.
March 3, 2009ISM Services Index Continues Contraction
The U.S. economy’s service sector contracted in February, at a faster pace than the previous month, the Institute for Supply Management said Wednesday.
March 4, 2009U.S. Auto Sales Fall to 27-Year Low
February U.S. automobile sales fell to the lowest rate in more than 27 years, led by a 53% plunge for General Motors Corp., Bloomberg reported.
March 4, 2009Daimler Dedicates Freightliner Plant in Mexico
SALTILLO, Mexico — Daimler Trucks dedicated its $300 million Freightliner plant here Feb. 27, as Mexican President Felipe Calderon joined company officials to formally launch the 1.3 million-square-foot facility.
March 4, 2009