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April Auto, Light Truck Sales Numbers Mixed
Ford Motor Co. reported lower automobile and light truck sales Tuesday while DaimlerChrysler AG reported an increase in auto sales.
May 3, 2005Diesel Retail Average Price Drops 2.7 Cents to $2.262
The average price of retail diesel fuel fell 2.7 cents to $2.262 a gallon, the Energy Department said Monday following its weekly survey of filling stations.
May 3, 2005Yellow Roadway Raises Cash Component in USF Deal
Yellow Roadway Corp. Monday increased the cash component of its pending acquisition of USF Corp. to 65% cash and 35% stock, up from an original 50-50 cash-stock plan.
May 2, 2005FedEx Freight to Raise LTL Rates 5.6%
Click here to write a Letter to the Editor. edEx Freight said Friday it will implement a 5.6% general rate increase effective May 16.
May 2, 2005Technology Briefs - April 26 - May 2
Nextel, Motorola Introduce New Ruggedized Phone • EPA Issues Refrigerant Warning • XM Radio’s Loss Narrows as Subscriptions Rise • Sirius Reports Higher Loss, Increased Revenue • And more...
May 2, 2005Crude Oil Climbs Back Above $50 a Barrel
Click here to write a Letter to the Editor. enchmark light sweet crude oil futures on the New York Mercantile Exchange touched a two-month low of $49.03 a barrel Monday before rising to close at $50.92, Bloomberg reported.
May 2, 2005April ISM Factory Index Falls to 53.3
The Institute for Supply Management reported Monday that its factory index slipped to 53.3 in April, down from 55.2 in March.
May 2, 2005Mullen Closes British Columbia Acquisition
Canadian company Mullen Transportation Inc. said Monday it had closed its acquisition of Tenold Transportation Inc., a private company based in British Columbia.
May 2, 2005March Construction Spending Rises 0.5% to Record Rate
The Commerce Department said Monday that construction spending rose 0.5% in March to a record $1.052 trillion annual pace.
May 2, 2005Auxiliary Power Firm Targets Owner-Operators; Eyes Expansion
Energy & Engine Technology Corp., a developer of auxiliary power generators for the long-haul trucking industry, said Monday it is launching a financing plan targeted to independent owner-operators and small trucking fleets.
May 2, 2005