U.S. automobile sales plunged 21% from a year ago in August, and 5% from July, Bloomberg reported.
September 2, 2010Search
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Oil Slips to Near $74 a Barrel
Oil prices to near $74 a barrel Friday following economic data that showed the service sector’s growth slowed, Bloomberg reported.
September 3, 2010Factory Orders Improve in July
U.S. factory orders increased 0.1% in July, the Commerce Department said Thursday.
September 2, 2010Productivity Rate Drops in Second Quarter
U.S. workers’ productivity fell more than previously estimated in the second quarter, the Labor Department said Thursday.
September 2, 2010New Jobless Claims Fall for Week
Initial jobless claims declined by 6,000 last week, the second straight decline after a month of increases, the Labor Department said Thursday.
September 2, 2010UTi Worldwide’s 2Q Profit Jumps
Air and freight forwarder UTi Worldwide’s fiscal second-quarter net income rose to $18.9 million, or 19 cents a share, from $11.8 million, or 12 cents, a year earlier.
September 2, 2010Intermodal Traffic Continues Strong Pace
Intermodal traffic reached its highest weekly level this year for a third straight week, the Association of American Railroads said.
September 3, 2010Former Freightliner Exec Schmueckle Leaves Daimler
Rainer Schmueckle, the former head of Daimler Trucks North America, has left parent company Daimler AG after heading the German company’s Mercedes-Benz auto unit for five years, Bloomberg reported.
September 1, 2010Lawrence Transportation to Buy Va. Carrier
Moving company Lawrence Transportation said it will buy Virginia carrier William Edwards Inc. Terms were not disclosed.
September 1, 2010Construction Spending Drops in July
Construction spending fell 1% in July to its lowest level in a decade, the Commerce Department said Wednesday.
September 1, 2010