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Housing Starts Jump in January

U.S. housing starts rose 15% in January, the biggest jump in 33 years, the Commerce Department reported Thursday.

February 16, 2006

Unemployment Claims Rise for Week

Click here to write a Letter to the Editor. he number of workers filing initial unemployment claims rose by 19,000 last week to 297,000, the Labor Department reported Thursday.

February 16, 2006

Goodyear Takes 4Q Loss on Unit Sale; Sales Reach Record

Goodyear Tire & Rubber Co. reported a fourth-quarter loss because of the sale of a business unit and rising rubber prices, though its sales set records for the quarter and full year.

February 16, 2006

Class 8 Truck Orders Set Record

Class 8 truck orders in North America reached an all-time monthly high of 43,100 in January, with every truck maker reporting strong gains as buyers accelerated purchases ahead of new engine emission rules coming Jan. 1, according to data from ACT Research.

February 16, 2006

ATA Chairman Patrick Quinn Appointed to Transport Panel

American Trucking Associations said Thursday that ATA Chairman Patrick Quinn has been appointed to the National Surface Transportation Policy and Revenue Study Commission.

February 16, 2006

DaimlerChrysler Truck Units Profit Drop

DaimlerChrysler AGs truck operating profits dropped, and the company said its 2006 earnings will be hurt by rising interest rates, raw-material and oil prices and more U.S. competition, Bloomberg reported Thursday.

February 16, 2006

Economy Poised for First-Quarter Growth, Bernanke Says

New Federal Reserve Chairman Ben Bernanke told Congress Thursday that the U.S. economy will show a significant recovery following the slowest fourth quarter in three years, Bloomberg reported.

February 16, 2006

Mullen Group to Merge With Oilfield Services Firm

Mullen Group Income Fund said Wednesday that its board approved a merger with Producers Oilfield Services.

February 15, 2006

Letter to the Editor: Electronic Onboard Recorders

Click here to write a Letter to the Editor. s the owner of a very small expedited trucking company, I am very concerned about the Federal Motor Carrier Safety Administration possibly requiring electronic onboard recorders.

February 15, 2006

Deutsche Posts Income Rises in Preliminary Report

Deutsche Post AGs fourth-quarter profit rose 27%, after the European postal giant reduced expenses with lower health-care and tax costs, Bloomberg reported Wednesday.

February 15, 2006