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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, 2005

USF 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, 2005

Trailer 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, 2005

Commercial 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, 2005

Crude 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, 2005

Fed 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, 2005

May 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, 2005

Security & 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, 2005

OPEC 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