Three institutional investors have put $15.5 million in financing into Innovation Fuels, an Albany, N.Y., company that makes and distributes biodiesel fuel worldwide, financial firm Credit Suisse said Tuesday.
June 3, 2008Search
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Factory Orders Increase 1.1%
Factory orders jumped 1.1% in April, the Commerce Department said Tuesday.
June 3, 2008DOT Seeks Proposals to Fight Border Congestion
The Department of Transportation said Monday it is requesting proposals for innovative new approaches to reduce traffic tie-ups at some of the nation’s most congested border crossings.
June 2, 2008Construction Spending Falls for Second Straight Month
Construction spending fell for a second straight month in April, the Commerce Department said Monday.
June 2, 2008ISM Factory Index Improves, But Still Shows Contraction
U.S. manufacturing levels improved in May but continued to show contraction, the Institute for Supply Management said Monday.
June 2, 2008U.S. Xpress Completes Pinner Purchase
Truckload carrier U.S. Xpress Enterprises said its Xpress Global Systems subsidiary finalized its purchase of Pinner Transportation. Terms were not released.
June 2, 2008South Korea Delays Plan to Import U.S. Beef
South Korea said it was delaying the planned resumption of U.S. beef imports, following weekend protests in that country, the Associated Press reported Monday.
June 2, 2008UPS Freight Extends Guarantee to Canada
UPS Freight, which introduced its on-time performance guarantee in the United States in January, said Monday it has expanded the guarantee to shipments moving in both directions across the Canada-U.S. border.
June 2, 2008Cummins Plans Layoffs at Indiana Pickup-Engine Plant
Diesel engine maker Cummins Inc. plans to temporarily lay off 125 workers from its midrange engine plant in Indiana because of declining pickup truck demand, the Associated Press reported Monday.
June 2, 2008FedEx Renaming Kinko’s as FedEx Office
FedEx Corp. said late Monday it will change the name of its office and business services unit, FedEx Kinko’s, to FedEx Office.
June 2, 2008