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U.S. Trade Deficit Widens in February

The U.S. trade deficit jumped 5.7% in February, as an increase in imports topped the highest gain in exports in a year, the Commerce Department said Thursday.

April 10, 2008

Initial Jobless Claims Fall for Week

Initial jobless claims fell by the most in two and a half years last week, the Labor Department said Thursday.

April 10, 2008

U.S. Exporters Facing Container Shortages

Many U.S. companies seeking to export their goods are facing shortages of containers to ship them, the Wall Street Journal reported Thursday.

April 10, 2008

DOT Transport Index Rises 2.7%

The Department of Transportation’s freight transportation services index for February rose 2.7% from a year earlier, DOT said Wednesday.

April 9, 2008

Wholesale Inventories Gain 1.1%

Wholesale inventories rose 1.1% in February, the Commerce Department said Wednesday.

April 9, 2008

Daimler’s Earnings to Rise on Growth in Russia, China

Daimler AG said Wednesday its sales and profit will rise this year on higher demand from emerging economies such as Russia and China, outweighing a weaker U.S. economy, Bloomberg reported.

April 9, 2008

Daimler’s Earnings to Rise on Growth in Russia, China

Daimler AG said Wednesday its sales and profit will rise this year on higher demand from emerging economies such as Russia and China, outweighing a weaker U.S. economy, Bloomberg reported.

April 9, 2008

Jevic to Close Ohio Terminal

Jevic Transportation said it plans to close a facility in West Chester Township, Ohio, in June, the Hamilton (Ohio) News-Journal reported.

April 9, 2008

Freightliner to Cut Work Force at N.C. Plant

Freightliner Trucks plans to lay off about 1,500 workers at a North Carolina truck plant, the Charlotte Observer reported.

April 9, 2008

UPS Lowers 1Q Outlook on Sluggish Economy

UPS Inc. reduced its first-quarter earnings estimate because domestic shipments are slowing as the U.S. economy weakens.

April 9, 2008