Oil reached a six-month high over $63 a barrel Thursday after OPEC predicted a demand recovery, Bloomberg reported.
May 28, 2009Search
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Intelligrated to Buy Logistex North America
Intelligrated Inc. said Thursday it will acquire the U.S. operations FKI Logistex Holdings for $40 million in a cash deal with Melrose PLC, a British turnaround specialized, the Associated Press reported.
May 29, 2009Agility Acquires Mexican Logistics Firm
Third-party logistics company Agility said that it has acquired Trafinsa S.A. de C.V., a Mexican company with which it has partnered before.
May 29, 2009Initial Jobless Claims Decline for Week
Initial jobless claims fell by 13,000 last week, the Labor Department said Thursday.
May 28, 2009Durable Goods Orders See Biggest Rise in 16 Months
Durable goods orders rose 1.9% April, the largest gain in more than a year, the Commerce Department said Thursday.
May 28, 2009Dana Names New CEO
Driveshaft and axle maker Dana Holding Corp. has named James Sweetnam as its new president and chief executive officer.
May 28, 2009UPS, Pilots’ Union Discussing Cost Cuts
UPS Inc. is in talks with one of its unions to attempt to avoid potentially laying off 300 pilots, about 10% of its total, Bloomberg reported.
May 28, 2009Existing ºÚÁϳԹÏÍø Sales Rise 2.9%
Existing homes sales rose 2.9% in April, the National Association of Realtors said Wednesday.
May 27, 2009UPS Freight Cuts Transit Times to Kansas
UPS Freight, the less-than-truckload unit of UPS Inc., said it is reducing transit times on deliveries to and from Kansas.
May 27, 2009LaHood Says No Decision Yet on Truck Weights
WASHINGTON — The Department of Transportation has yet to make a decision on whether to back increased federal truck weight limits, Secretary Ray LaHood said.
May 22, 2009