Navistar International Corp. said Thursday that its fiscal third-quarter profit fell from a year ago and it was reviewing its noncore businesses. It also outlined a cost-reduction plan, including job cuts.
September 6, 2012Search
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ISM Services Index Improves in August
An index of the U.S. economy’s service sector improved in August, the Institute for Supply Management said Thursday.
September 6, 2012Colorado Chain Law Goes Into Effect for I-70
Vehicles weighing more than 26,000 pounds are required to carry snow chains while driving on Interstate 70 between Dotsero, Colo., and Morrison, Colo., according to the Colorado Department of Transportation.
September 6, 2012Initial Jobless Claims Drop for Week
Initial jobless claims dropped by 12,000 to 365,000 in the week ended Sept. 1, the Labor Department said Thursday.
September 6, 2012Intermodal Traffic Rose 6.5% for Week
U.S. intermodal traffic rose 6.5% last week over the same week last year, the Association of American Railroads reported.
September 7, 20123PL Wheels Group to Buy Broker, Forwarder MSM
Third-party logistics provider Wheels Group Inc. has signed an agreement to acquire freight broker and forwarder MSM Group of Cos. for $18.8 million in cash and stock.
September 7, 2012East, Gulf Dock Contract Talks to Resume This Month
Stalled labor negotiations between the International Longshoremen’s Association and management negotiator United States Maritime Alliance will resume the week of Sept. 17, the Federal Mediation and Conciliation Service said Thursday.
September 6, 2012ABF Will Appeal Court Ruling in YRC, Teamsters Case
ABF Freight System said it will appeal an unfavorable decision in its lawsuit against YRC Worldwide and the Teamsters Union over contract issues.
September 5, 2012iTECH: Fleets Expect More from Asset-Tracking Systems
Trucking companies once were happy if an asset-tracking system could simply identify a truck’s location on a map.
September 5, 20122Q Productivity Revised Upward
U.S. workers’ second-quarter productivity rose at a faster pace than originally reported, the Labor Department said Wednesday.
September 5, 2012