Shipping demand and volumes continued to fall as the U.S. economy further deteriorated at the start of this year, the Federal Reserve said.
March 4, 2009Search
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U.S. Auto Sales Fall to 27-Year Low
February U.S. automobile sales fell to the lowest rate in more than 27 years, led by a 53% plunge for General Motors Corp., Bloomberg reported.
March 4, 2009Daimler Dedicates Freightliner Plant in Mexico
SALTILLO, Mexico — Daimler Trucks dedicated its $300 million Freightliner plant here Feb. 27, as Mexican President Felipe Calderon joined company officials to formally launch the 1.3 million-square-foot facility.
March 4, 2009December NAFTA Surface Trade Plunges 13.1%
Surface trade among the United States, Canada and Mexico plunged 13.1% in December from a year earlier, to $52.9 billion, the Department of Transportation said Tuesday.
March 3, 2009ISM Factory Index Shows Slight Increase
U.S. manufacturing activity showed a slight increase in January but still showed contraction, the Institute for Supply Management said.
March 3, 2009Construction Spending Falls 3.3%
Construction spending fell 3.3% in January, the Commerce Department said Monday.
March 3, 2009Personal Spending Rises After Six-Month Decline
Consumer personal spending rose in January for the first time in seven months, the Commerce Department said Monday.
March 3, 2009Diesel Drops to 4-Year Low; Gas Resumes Rise
Diesel fuel fell to a four-year low, dropping 4.3 cents to a national average of $2.087 a gallon, the Energy Department said.
March 3, 2009Mack Agrees to Sell Pennsylvania Headquarters
Mack Trucks Inc. said it agreed to sell its headquarters in Allentown, Pa., as part of its transfer to North Carolina.
March 2, 2009WillGo’s Used Equipment Listings Now a Free Service to Customers
Used trailer dealer WillGo Inc. said it converted its database for used equipment to a free service, effective last month.
March 2, 2009