FedEx Corp.’s first-quarter earnings more than doubled and the company said it will combine its freight and less-than-truckload units in January.
September 16, 2010Search
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Producer Price Index Rises for Second Straight Month
Prices paid to U.S. producers rose for the second consecutive month in August, the Labor Department said Thursday.
September 16, 2010New Jobless Claims Fall for Week
Initial jobless claims dropped by 3,000 last week to the lowest level in two months, the Labor Department said Thursday.
September 16, 2010Intermodal Traffic Improves in Holiday Week
Intermodal traffic rose 18.1% last week from a year earlier, the Association of American Railroads said.
September 17, 2010Penske Logistics President to Retire
Penske Logistics President Vincent Hartnett will retire and be replaced by Marc Althen, the company said Wednesday.
September 15, 2010Industrial Production Slows in August
Industrial production rose 0.2% in August, following a bigger gain in July, the Federal Reserve said Wednesday.
September 15, 2010New York Manufacturing Index Expansion Slows
Manufacturing activity in the New York region expanded in September at the lowest rate in more than a year, the Federal Reserve Bank of New York said Wednesday.
September 15, 2010Volvo’s North American Deliveries More Than Double in August
Volvo AB’s August North American heavy-duty truck sales jumped 151% from a year ago to 1,210 units, the company said Wednesday.
September 15, 2010Oil Falls to Near $76 a Barrel
Oil fell almost $1 to near $76 a barrel Wednesday, its biggest decline in two weeks, even as the Department of Energy reported that supplies declined last week.
September 15, 2010DOT Sets Agenda for Distracted Driving Summit
The Department of Transportation has announced the agenda for its second Distracted Driving Summit, scheduled for Sept. 21 in Washington.
September 14, 2010