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August Import Prices Rise
The price of goods imported to the United States rose 0.8% in August on higher oil, natural gas and metal costs, the Labor Department said Thursday.
September 14, 2006Retail Sales Rise 0.2% in August
U.S. retail sales jumped 0.2% in August, the Commerce Department reported Thursday.
September 14, 2006Initial Jobless Claims Fall 5,000 for Week
First-time U.S. jobless claims fell by 5,000 to 308,000 last week, down from a revised level of 313,000, the Labor Department said Thursday.
September 14, 2006National Distribution Centers Purchases Crum & Crum
National Distribution Centers has acquired third-party logistics company Crum & Crum, NDC said Wednesday.
September 14, 2006Covenant Purchases Star Transportation for $40 Million
Covenant Transport has acquired Nashville, Tenn. truckload carrier Star Transportation, the company said late Thursday.
September 14, 2006Oil Falls 70 Cents, Closes at $63.27 a Barrel on Thursday
Crude oil futures fell 70 cents to close at $63.27 a barrel on the New York Mercantile Exchange, Bloomberg reported Thursday.
September 14, 2006Germany’s MAN AG May Buy Scania
German truck manufacturer MAN AG may buy Swedish rival Scania AB, a deal which would make it Europe’s largest truck maker, Bloomberg reported Wednesday.
September 13, 2006Former Mullen Trucking VP Named CEO of Cordy Oilfield Services
David Mullen, former vice president of the Mullen Group Income Fund’s Mullen Trucking L.P. truckload unit, has been named chief executive officer of Cordy Oilfield Services Inc.
September 13, 2006Navistar Reaffirms 2006 Earnings Guidance
Navistar International Corp., the parent company of truck manufacturer International Truck and Engine Corp., again affirmed that its profits will exceed $5.38 a share in 2006, Bloomberg reported Wednesday.
September 13, 2006Security & Safety Briefs — September 7 - September 13
Security Funding for Ground Transportation Could Increase, Says Report • States Test Optical Illusions to Improve Highway Safety • Applied Nanotech to Develop Human Detection Sensor for Containers
September 13, 2006