Automakers sold cars and light trucks at the highest pace in more than four years in September, Bloomberg reported.
October 4, 2012Search
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U.S. Firms Eye More Natural Gas Exports, Journal Reports
With natural gas use increasing as a transportation fuel, energy companies are moving to export more of the fuel from the United States as they search for more profitable markets, the Wall Street Journal reported Friday.
October 5, 2012Navistar May Close Plants, New CEO Says
Navistar International Corp. may close some of its North American plants as new CEO Lewis Campbell looks to cut costs and restore profitability at the truck and engine maker.
October 5, 2012UPS to Deploy 40 Hydraulic Hybrid Vehicles
UPS Inc. announced the deployment of 40 new hydraulic hybrid package cars.
October 4, 2012Factory Orders Drop in August
Factory orders dropped 5.2% in August, the biggest decrease since January 2009, the Commerce Department said Thursday.
October 4, 2012Initial Jobless Claims Rise for Week
Initial jobless claims increased by 4,000 last week, the Labor Department said Thursday.
October 4, 2012Intermodal Traffic Gains 2.5% for Week
U.S. intermodal traffic rose 2.5% last week over the same week a year ago, the Association of American Railroads reported.
October 5, 2012XPO Logistics Raises Funds, Says Results to Lag Forecasts
XPO Logistics, which recently completed $125 million in additional financing, said that its third-quarter results will not match analysts’ expectations.
October 4, 2012ISM Services Index Improves in September
An index of the U.S. economy’s service sector improved in September, the Institute for Supply Management said Wednesday.
October 3, 2012Virginia Signs Natural Gas Agreement With Clean Energy
Virginia Gov. Robert McDonnell (R) signed an agreement with Clean Energy Fuels Corp. to allow state and local entities to buy compressed natural gas from Clean Energy for their vehicle fleets.
October 3, 2012