Daimler AG said Thursday that it lost $478 million (352 million euros) in the fourth quarter and that it plans to cancel its annual dividend, Bloomberg reported.
February 18, 2010Search
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Transportation Firms Must Improve Recruiting to Satisfy Customers’ Desires, Leaders Say
The transportation and logistics industries must do a better job of recruiting employees and upgrading the skills of current workers to meet the increasing needs of shippers, said several leaders in those industries.
February 22, 2010Hill Gridlock Changes ATA Focus to Regulatory Issues, Graves Says
A year into the Obama administration, American Trucking Associations President Bill Graves said the trucking industry’s challenges are primarily regulatory, rather than legislative, because of the gridlock that has enveloped Congress since last year.
February 22, 2010Diesel Dips 1.3¢ to $2.756 in Fifth Consecutive Decline
Diesel prices slipped for the fifth week in a row, dropping 1.3 cents to a national average of $2.756 a gallon, the U.S. Department of Energy said in its weekly fuel report.
February 22, 2010Class 8 Sales Gain in January
U.S. Class 8 retail truck sales eked out their first year-over-year gain in 13 months in January, inching up 0.2% compared with January 2009, WardsAuto.com reported.
February 22, 2010Commercial Vehicle Group Narrows 4Q Loss
Parts maker Commercial Vehicle Group announced it lost $23.7 million, or $1.08 per share, in the fourth quarter, compared with $207.7 million, or $9.57 cents, the previous year.
February 18, 2010Philadelphia Factory Index Grows
Manufacturing levels in the Philadelphia expanded in February at a highest pace in more than five years, the Federal Reserve Bank of Philadelphia said Thursday.
February 18, 2010Leading Economic Indicators Gain 0.3%
An index of leading economic indicators improved for a tenth straight month in January, the New York-based Conference Board said Thursday.
February 18, 2010Producer Price Index Rises 1.4% in January
Prices paid to U.S. producers rose 1.4% in January, the Labor Department said Tuesday.
February 18, 2010Jobless Claims Climb for Week
Initial jobless claims grew by 31,000 last week, the Labor Department said Thursday.
February 18, 2010