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Purolator Courier, Teamsters Agree on New Pact

Canadian parcel carrier Purolator Courier said it has reached a tentative contract with the Teamsters that covers about 10,000 union members.

November 15, 2011

Meritor’s 4Q Profit Jumps on Stronger Truck Market

Components maker Meritor Inc. said Tuesday its fiscal fourth-quarter profit jumped from a year ago on a stronger global truck market.

November 15, 2011

Business Inventories Hold Steady in September

Business inventories were little changed in September while sales increased, the Commerce Department said Tuesday.

November 15, 2011

Icahn Won’t Seek Representation on Navistar’s Board

Investor Carl Icahn, who bought a 9.8% stake in Navistar International Corp. last month, will not seek representation on the company’s board and will vote for Navistar’s board nominees next year.

November 15, 2011

Producer Prices Decline in October

Prices paid to U.S. producers decreased 0.3% in October, the largest decline in four months, the Labor Department said Tuesday.

November 15, 2011

N.Y. Manufacturing Index Expands For First Time Since May

Manufacturing activity in the New York region expanded in November for the first time in six months, the Federal Reserve Bank of New York said Tuesday.

November 15, 2011

Retail Sales Rise 0.5% in October

Retail sales improved 0.5% in October, led by higher electronics sales, the Commerce Department said Tuesday.

November 15, 2011

Mica Praises Senate but Cites Concern on Highway Bill Approach

House Transportation Committee Chairman John Mica (R-Fla.) has sent a letter to his counterpart in the Senate congratulating her on the introduction of a surface transportation bill but taking issue with her two-year approach.

November 15, 2011

NTSB Rejects Tank Carriers’ Request in Wetlines Case

The National Transportation Safety Board has rejected a request to reconsider its findings in a 1997 fatal accident used to justify stricter wetlines rules.

November 15, 2011

Port of L.A. Exports Reach Record

Container volume at the Port of Los Angeles rose 12.3% from a year ago, with exports reaching a record, the port said Tuesday.

November 15, 2011