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Maersk to Boost Fuel Surcharge

A.P. Moeller-Maersk, the world’s largest ocean shipping line, is boosting its North America to Europe rates due to higher fuel costs, Bloomberg reported Monday.

April 16, 2007

Group May Pull Out of N.Y. Port Deal

The Ontario Teachers Pension Plan may abandon a proposed takeover of a big New York port terminal because of a fee dispute with the port authority, the Toronto Globe and Mail newspaper reported Monday.

April 16, 2007

N.Y. State Factory Index Rises

Manufacturing growth in New York state rose this month but remained near a two-year low, the Federal Reserve Bank of New York said Monday.

April 16, 2007

Retail Sales Rise 0.7%

Retail sales rose 0.7% in March, the biggest jump in three months, the Commerce Department said Monday.

April 16, 2007

Eaton’s 1Q Profit Improves

Vehicle parts manufacturer Eaton Corp. said Monday that its first-quarter net earnings were $234 million or $1.56 a share, up from $208 million or $1.36 a year ago.

April 16, 2007

Diesel Gains 5¢ to $2.84 a Gallon

The average price of U.S. retail diesel fuel climbed another 5 cents last week to $2.84 a gallon, reaching a seven-month high, and the Department of Energy warned that prices are unlikely to fall anytime soon.

April 16, 2007

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April 16, 2007

Diesel Rises 3.7¢ to $2.877

The average price of retail diesel fuel rose 3.7 cents to $2.877 a gallon, the Department of Energy reported Monday.

April 17, 2007

February Trade Gap Narrows

The U.S. trade deficit narrowed 0.7% in February to a $58.4 billion, the Commerce Department reported Friday.

April 13, 2007

U.S. Xpress to Report 1Q Loss

Truckload carrier U.S. Xpress Enterprises said Friday it will report a first-quarter loss next week on declining freight demand and rising fuel costs.

April 13, 2007