Talks are continuing past a contract deadline for a contract covering 26,000 dockworkers at West Coast ports, the Los Angeles Times reported Wednesday.
July 2, 2008Search
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Payrolls Decline; Unemployment Rate Holds at 5.5%
U.S. payrolls declined in June but the unemployment rate held at 5.5%, the Labor Department said Thursday.
July 3, 2008Diesel Dips for Week; Falls 7.8¢ in June
The average price of a gallon of retail diesel dipped 0.3 cent last week, to $4.645, making June only the second month so far in 2008 during which the average did not rise, the Department of Energy reported.
July 7, 2008ArvinMeritor Forecasts Higher 3Q Sales
ArvinMeritor Inc. said Wednesday that its fiscal third-quarter sales will rise as much as 20% to $2 billion on higher demand in Asia and South America, and for military products in North America.
July 2, 2008Factory Orders Rise 0.6% in Third Straight Gain
Factory orders jumped 0.6% in May, the third straight increase, the Commerce Department said Wednesday.
July 2, 2008Truckers Protest in England, India
Truckers protested high fuel prices in London and in India Wednesday, blocking streets and parking rigs, Bloomberg reported.
July 2, 2008U.S. Xpress Names President of TL Unit
U.S. Xpress Enterprises said Wednesday it named John White president of U.S. Xpress Inc., the corporation’s flagship truckload carrier.
July 2, 2008Penske Automotive Buys Stake in Truck-Leasing Venture
Penske Automotive Group bought a 9% stake in Penske Truck Leasing Co. from a General Electric Co. unit for $219 million, Bloomberg reported.
July 2, 2008Oil Finishes Week Above $145 a Barrel
Oil finished a week of all-time highs by closing at a record of more than $145 a barrel on the New York Mercantile Exchange, Bloomberg reported Thursday.
July 3, 2008Michelin Boosting U.S. Tire Prices
Tire maker Michelin & Cie. is boosting commercial truck replacement tire prices by as much as 8% in North America, Bloomberg reported.
July 2, 2008