Crude oil closed above $100 Thursday after staying below that price for two days, Bloomberg reported.
March 18, 2011Search
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February Truck Sales Surge 30%
U.S. Class 8 retail truck sales jumped 30.8% in February for the 14th monthly gain in a row, WardsAuto.com reported last week. It was the largest gain of the expansion.
March 21, 2011NAFTA Surface Trade Rose 24.3% Last Year
Surface transportation trade among the United States, Canada and Mexico rose 24.3% last year from 2009, the Department of Transportation said Thursday.
March 17, 2011Industrial Production Declines 0.1%
Industrial production declined 0.1% in February, led by a downturn in utility output, the Federal Reserve said Thursday.
March 17, 2011Jobless Claims Decline for Week
Initial jobless claims dropped by 16,000 last week, the third decrease in four weeks, the Labor Department reported Thursday.
March 17, 2011Consumer Price Index Grows 0.5%
The consumer price index increased 0.5% in Febuary, the Labor Department said Thursday.
March 17, 2011FedEx’s 3Q Profit Dips 3% to $231 Million
FedEx Corp. said Thursday its fiscal third-quarter net income slipped 3% to $231 million, or 73 cents a share, from $239 million, or 76 cents, a year earlier.
March 17, 2011Intermodal Traffic Grows 6.5% for Week
Intermodal traffic rose 6.5% last week from a year ago, the Association of American Railroads said.
March 18, 2011Gary Salisbury Elected TCA Chairman
Gary Salisbury, president and CEO of Fikes Truck Line, Hope, Ark., was elected chairman of the Truckload Carriers Association for 2011-2012 at TCA’s annual meeting in San Diego.
March 17, 2011Oil Rises Following Inventory Report
Oil rose modestly from a two-week low but remained under $100 a barrel Wednesday following a report that showed crude inventories rose last week.
March 16, 2011