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ISM Services Index Declines for September
The U.S. economy’s service sector grew at its slowest rate in three years, the Institute for Supply Management said Wednesday.
October 4, 2006Factory Orders Unchanged in August
U.S. factory orders were unchanged in August, the Commerce Department reported Wednesday.
October 4, 2006Trimac Acquires Canadian Cement Hauler
Canadian transportation firm Trimac Income Fund on Tuesday acquired cement hauler Jeffbrett Group.
October 4, 200628-Hour Rule Also Applies to Livestock Truckers, USDA Says
The United States Department of Agriculture said a rule concerning the length of time carriers are allowed to transport livestock by rail car without providing the animals with food and rest also applies trucks, the Arkansas Democrat Gazette reported Saturday.
October 4, 2006TransForce Income Fund Sells Non-Core Operations of Services Matrec
Canadian transportation firm TransForce Income Fund on Tuesday sold the hazardous waste and industrial cleaning operations of Services Matrec, its waste management subsidiary, to Newalta Income Fund for C$31.8 million.
October 3, 2006Target Logistics Acquires Capitaland Express
Target Logistics on Tuesday acquired Capitaland Express, a freight forwarder serving the upstate New York area.
October 3, 2006Union to Terminate Contract Extension With Goodyear
United Steelworkers will terminate an extension of its labor contract with tire manufacturer Goodyear, effective Thursday.
October 3, 2006Crude Oil Falls to Seven-Month Low
Crude oil futures fell to a seven-month low on Tuesday, plunging more than $2 to settle below $59 a barrel, Bloomberg reported.
October 3, 2006Job Cuts Likely at Freightliner, CEO Says
Chris Patterson, chief executive officer of Freightliner, said falling U.S. demand for heavy-duty trucks will likely prompt the truck maker to slash jobs, the Associated Press reported Tuesday.
October 3, 2006Diesel Average Falls 4.9 Cents to $2.546
Diesel fuel’s average national price fell 4.9 cents to $2.546 a gallon, the Department of Energy reported Monday.
October 3, 2006