Deutsche Post Chief Executive Officer Frank Appel defended the company’s DHL unit’s pending deal with UPS Inc. under which DHL Express would contract out its North American air operations to UPS, the Wall Street Journal reported Thursday.
August 14, 2008Search
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Jobless Claims Dip for Week
Initial jobless claims fell by 10,000 last week, the Labor Department said Thursday.
August 14, 2008Consumer Price Index Rises 0.8%
Consumer prices rose 0.8% in July, bringing the rise for the last 12 months to 5.6%, the Labor Department said Thursday.
August 14, 2008Rail, Intermodal Traffic Decline for Week
Rail and intermodal traffic both declined for the week ended Saturday compared with a year ago, the Association of American Railroads said.
August 15, 2008Wal-Mart’s 2Q Earnings Jump 17%; Company Boosts Full-Year Outlook
Retailer Wal-Mart Stores said Thursday its fiscal second-quarter earnings jumped 17% and the company boosted its full-year outlook.
August 14, 2008DOT Freight Transport Index Rises 2.9% in June
The Department of Transportation’s freight transportation services index rose 2.9% in June from a year ago, DOT said Wednesday.
August 13, 2008Hazmats Must Bypass Denver During Democratic Convention
Truckers running hazardous materials will have to bypass the Denver area during the Democratic National Convention later this month, according to police officials.
August 21, 2008U.S. Driving Declines; Oil Consumption at Five-Year Low
Americans drove 12.2 billion miles fewer in June than the same month a year ago, a 4.7% decline, the U.S. Department of Transportation said Wednesday.
August 13, 2008Import Prices Rise 1.7% in June
The price of goods imported to the United States rose 1.7% in July, the Labor Department said Wednesday.
August 13, 2008Retail Sales Fall for First Time in Five Months
Retail sales fell 0.1% in July, the first decline in five months, the Commerce Department said Wednesday.
August 13, 2008