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May Housing Starts Rise 0.2%; Strong Year Predicted
Housing starts rose 0.2% in May, the Commerce Department reported Thursday, to the fastest overall annual pace in three months.
June 16, 2005TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Jobless Claims Rise 1,000 for Week
The number of U.S. workers filing for initial unemployment benefits gained 1,000 to 333,000 for the week ended June 11, the Labor Department reported Thursday.
June 16, 2005USF Holland Names Robert Zimmerman President
Regional less-than-truckload carrier USF Holland said late Wednesday it had named Robert Zimmerman its president, replacing Steve Caddy.
June 16, 2005Trailer Makers to Show Products At Truck Show Las Vegas
Trailer manufacturers and trailer-component suppliers were expected to display their latest products at The Truck Show Las Vegas Thursday through Saturday, along with about 300 other industry suppliers including manufacturers of tires, fuel-saving technology, electrical equipment and brakes.
June 16, 2005Commercial Vehicle Group Plans $150 Mln. Offering
Commercial Vehicle Group Inc. late Wednesday said it plans to raise $150 million through a private offering of senior notes due 2013.
June 16, 2005Crude Oil Closing Price Tops $56 a Barrel
Crude oil prices closed at a two-month high Thursday on signs global fuel demand could exceed production capacity by OPEC and other exporters, Bloomberg reported.
June 16, 2005Fed Reports Philadelphia Manufacturing Contraction in June
Manufacturing growth in the Philadelphia area fell this month, moving into negative territory for the first time in two years, the Federal Reserve reported Thursday.
June 16, 2005May Industrial Production Increases 0.4%
Production at U.S. factories, mines and utilities rose 0.4% in May, the Federal Reserve said Wednesday.
June 15, 2005Security & Safety Briefs - June 9 - June 15
States Often Give 10-mph Cushion on Speeding • President Stumps for Patriot Act Renewal • U.S. Checking on Possible Second Mad-Cow Case • Justice Dept. Says FBI Snafus Hampered Pre-9/11 Work
June 15, 2005OPEC Agrees to Raise Production Quotas
OPEC ministers Wednesday agreed to boost crude oil output levels by 500,000 barrels a day to 28 million, Bloomberg reported.
June 15, 2005