UPS Inc. and Chicago-area employees represented by the Teamsters Union have reached a preliminary agreement on a new five-year labor contract, averting a potential strike, Bloomberg reported.
August 1, 2008Search
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Memorial Events Planned on Anniversary of Bridge Collapse, Paper Says
Several community events to be held Friday will mark the one-year anniversary of the collapse of the Interstate 35W bridge in Minneapolis, the Star Tribune newspaper reported.
August 1, 2008ExxonMobil Breaks U.S. Record for Quarterly Profit
ExxonMobil Corp. broke its own record for the largest quarterly profit posted by a U.S. company, reporting net earnings of $11.7 billion, or $2.22 a share, up from $10.3 billion, or $1.83, a year ago.
August 1, 2008Construction Spending Falls 0.4%
Construction spending fell 0.4% in June, the Commerce Department said Friday.
August 1, 2008ISM Factory Index Stagnant in July
U.S. manufacturing was stagnant in July, as factory orders plunged to the lowest level in almost seven years, the Institute for Supply Management said Friday.
August 1, 2008Committee Approves Bill to Ban Mexican Trucks
WASHINGTON – The House Transportation and Infrastructure Committee has
July 31, 2008July Unemployment at Four-Year High as Payrolls Fall
U.S. payrolls declined in July as the unemployment rate rose to 5.7%, the highest level since 2004, the Labor Department said Friday.
August 1, 2008Diesel Falls 11.5¢ to $4.603
The national average retail price of diesel fell 11.5 cents to $4.603 a gallon last week, the largest one-week drop in nearly two years and the second consecutive weekly decline, the Department of Energy reported.
August 4, 2008June Truck Tonnage Jumps 5.4% in Eighth Straight Gain
The U.S. economic stimulus package and inventory replenishment by customers powered a 5.4% rise in truck tonnage during June compared with last year, the eighth consecutive monthly increase, American Trucking Associations said.
August 4, 2008ATA Sues to Block Driver Plans at L.A. and Long Beach Ports
American Trucking Associations last week asked a federal court to block emission-reduction plans by the California ports of Los Angeles and Long Beach that include concessionaire requirements the group said “unlawfully re-regulated the federally de-regulated trucking industry.â€
August 4, 2008