The unemployment rate held at 4.7% for a third straight month in November, and payrolls rose by 94,000 jobs, the Labor Department said Friday.
December 7, 2007Search
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Volvo Plans Layoffs at Virginia Truck Plant
Volvo Trucks North America plans to lay off up to 650 workers next month at its truck-building plant in Dublin, Va., the Associated Press reported.
December 10, 2007Ice Storm Wreaks Havoc from Plains to Northeast
A large storm system that left ice on roads from the Plains to the Northeast has caused blackouts and led to at least 13 traffic deaths, the Associated Press reported Monday.
December 10, 2007Velocity Express Sets Reverse Stock Split
Velocity Express Corp. said its board authorized a 1-for-15 reverse stock split, effective Friday morning.
December 7, 2007I-5 Reopens to Trucks in Washington State
Interstate 5 near Chehalis, Wash., reopened to truck traffic Thursday night after road crews drained the highway that had been closed since Monday due to flooding from storms, the Seattle Times reported.
December 7, 2007Senate Blocks Energy Bill
Senate Republicans Friday blocked an energy bill that would have boosted taxes on oil and gas companies and raised fuel economy standards for most vehicles, Bloomberg reported.
December 7, 2007Teamsters, Canadian Pacific Reach Tentative Pact
The Teamsters Canada Rail Conference, which represents 4,500 locomotive engineers and conductors, reached an agreement with rail line Canadian Pacific on a revised tentative five-year contract settlement, CP said.
December 6, 2007UTi Worldwide’s 3Q Profit Improves
Air and ocean freight forwarder UTi Worldwide said Thursday its fiscal third-quarter profit rose 14% to $34.9 million or 35 cents a share, from $30.5 million or 31 cents a year ago.
December 6, 2007Dynamex Reports Higher 1Q Profit
Logistics and delivery firm Dynamex Inc. reported its fiscal first-quarter net income rose to $4 million or 39 cents a share, from $3.6 million or 34 cents a year earlier.
December 6, 2007November Retail Sales Gain
U.S. retailers, including Wal-Mart Stores and Costco Wholesale Corp., reported November sales that topped economists’ estimates, Bloomberg reported Thursday.
December 6, 2007