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N.Y. Empire State Index Falls to Lowest Level in 19 Months
Manufacturing growth slowed in New York state in January to the lowest level in 19 months, the Federal Reserve Bank of New York said Tuesday.
January 16, 2007Retail Sales Rise 0.9% in December
U.S. retail sales rose 0.9% in November, the Commerce Department said Friday.
January 12, 2007Volkswagen Rejects MANs Bid for Scania
Volkswagen AG, Swedish truck maker Scania ABs largest shareholder, rejected German truck maker MAN AGs $13.3 billion hostile bid for Scania, saying it prefers the two companies try to achieve a friendly combination, Bloomberg reported.
January 12, 2007Fleets Face Uncertain Outlook as Freight Continues to Fall
Evidence is accumulating that freight volumes are falling significantly and that the traditional fourth-quarter peak was all but nonexistent, although analysts and fleet executives remain unsure of what will happen in the first half of the new year.
Trucking Groups Generally Supportive of EOBR Proposal
to write a Letter to the Editor.
GE Acquires Trailer-Tracking Firm Terion
General Electric Co. unit GE Equipment Services said Thursday it acquired trailer-tracking technology firm Terion Inc.
January 12, 2007Ryder to Switch from Pension Plan to 401(k)
Ryder System said late Thursday that it will freeze its pension system and shift to a 401(k) savings plan, in a move that will affect about a third of its employees.
January 12, 2007RoadLink USA Buys Intermodal Firm Transus
Intermodal and logistics firm RoadLink USA said Thursday that it has acquired Transus Intermodal, an intermodal trucking services company.
January 11, 2007Initial Jobless Claims Drop 26,000 for Week
First-time U.S. jobless claims fell by 26,000 last week to 299,000, the Labor Department said Thursday.
January 11, 2007ArvinMeritor to Develop Diesel-Electric Drivetrain for Wal-Mart
Trucking component maker ArvinMeritor and Wal-Mart Transportation have agreed to develop a dual-mode, diesel-electric drivetrain for a Class 8 tractor, the two said.
January 11, 2007