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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, 2006

Factory Orders Unchanged in August

U.S. factory orders were unchanged in August, the Commerce Department reported Wednesday.

October 4, 2006

Trimac Acquires Canadian Cement Hauler

Canadian transportation firm Trimac Income Fund on Tuesday acquired cement hauler Jeffbrett Group.

October 4, 2006

28-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, 2006

TransForce 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, 2006

Target Logistics Acquires Capitaland Express

Target Logistics on Tuesday acquired Capitaland Express, a freight forwarder serving the upstate New York area.

October 3, 2006

Union to Terminate Contract Extension With Goodyear

United Steelworkers will terminate an extension of its labor contract with tire manufacturer Goodyear, effective Thursday.

October 3, 2006

Crude 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, 2006

Job 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, 2006

Diesel 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