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Consumer Price Index Falls in April

The consumer price index decreased for the second consecutive month, declining 0.2% in May, the Labor Department said Thursday.

June 17, 2010

Initial Jobless Claims Rise for Week

Initial jobless claims rose 12,000 last week, the Labor Department said Thursday.

June 17, 2010

Intermodal Traffic Rises for Week

Intermodal rail traffic continued its upward trend last week, the Association of American Railroads said Thursday.

June 17, 2010

Industrial Production Takes Biggest Gain Since August

Industrial production rose 1.2% in May, marking the biggest gain in nine months, led by automobiles and utilities, the Federal Reserve said Wednesday.

June 16, 2010

Housing Starts Decline 10% in May

Housing starts fell in May following the expiration in April of a home sales tax credit, the Commerce Department said Wednesday.

June 16, 2010

Producer Price Index Drops 0.3%

Prices paid to U.S. producers decreased 0.3% in May, the Labor Department said Wednesday.

June 16, 2010

FedEx’s 4Q Profit, Revenue Improve

FedEx Corp.’s fourth-quarter profit increased from a year ago on higher package volume and an improving economy, the company said Wednesday.

June 16, 2010

Scania Expands Dealerships in Iraq

Swedish truck maker Scania AB opened its second dealership in Iraq and seeks to start another one this year as the country’s reconstruction spurs demand, Bloomberg reported.

June 16, 2010

OOIDA Plans EOBR Rule Challenge

The Owner-Operator Independent Drivers Association filed notice that it will challenge a new federal rule requiring fleets with poor hours-of-service records to use electronic onboard recorders to monitor drivers.

June 18, 2010

Oil Slips from One-Month High But Remains Over $77 a Barrel

Oil slipped early Thursday from a one-month high but remained over $77 a barrel, Bloomberg reported.

June 17, 2010