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Jobless Claims Unchanged for Week

Initial jobless claims were unchanged last week at 311,000, the Labor Department said Thursday.

June 14, 2007

NYC Teamsters Back Congestion-Pricing Plan

Teamsters union leaders representing thousands of New York City truck drivers said they support the city’s plan to charge new tolls on vehicles entering Manhattan during weekday business hours, Bloomberg News reported.

June 14, 2007

CP, Teamsters Reach Tentative Pact

Canadian Pacific Railway and the Teamsters Union said they have reached a tentative agreement to end a month-long strike by track maintenance workers.

June 14, 2007

Smithway Approves Acquisition by Western Express

Smithway Motor Xpress Corp. said its shareholders have approved the company’s acquisition by Western Express for $10.63 a share.

June 14, 2007

Producer Price Index Climbs 0.1%

Prices paid to U.S. producers rose 0.9% in May, the fourth consecutive increase, the Labor Department said Thursday.

June 14, 2007

Oil Rises Following DOE Report

Crude oil prices rose Thursday to their highest level in 11 weeks, on continued concerns over U.S. refinery capacity and output, Bloomberg reported.

June 14, 2007

Senate Panel Delays Border-Card Rule

The Senate Appropriations Committee approved an amendment to halt the launch of a plan for a new border-crossing card for at least 17 months, in order to give the Departments of State and ºÚÁϳԹÏÍøland Security more time to fix its problems

June 15, 2007

Rail, Intermodal Levels Decline

Rail carload and intermodal freight fell for the week ended Saturday compared with a year ago, the Association of American Railroads said Thursday.

June 14, 2007

DHL Buys Stake in Miami Air Cargo Firm

DHL has bought a 49% stake in a Miami air cargo company and extended its contract with the company through 2019, the company said.

June 13, 2007

Business Inventories, Sales Rise

U.S. business inventories rose 0.4% in April as sales rose, the Commerce Department said Wednesday.

June 13, 2007