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Jobless Claims Drop 15,000 for Week

Initial jobless claims fell by 15,000 last week to 338,000, the Labor Department said Thursday.

December 6, 2007

Patriot CEO Anderson to Retire in February

Patriot Transportation Holding said that Chief Executive Officer John Anderson will retire in February. He will be succeeded by John Baker.

December 6, 2007

Rail, Intermodal Traffic Rise for Week

Rail carload and intermodal traffic both rose last week from the same week last year, the Association of American Railroads said Thursday.

December 6, 2007

I-5 in Wash. State May Reopen to Truck Traffic Thursday

Interstate 5, part of which has been closed in Washington state since Monday due to flooding, could reopen to limited truck traffic Thursday night, the Seattle Times reported on its Web site.

December 6, 2007

Factory Orders Rise 0.5% in October

U.S. factory orders rose 0.5% in October, the Commerce Department said Wednesday.

December 5, 2007

Celadon Completes Share Repurchase; Sets New Plan

Truckload carrier Celadon Group said Wednesday it has completed the two million share stock repurchase program authorized by its board in late October.

December 5, 2007

ISM Services Index Declines in November

The economy’s service sector growth rate declined in October, the Institute for Supply Management said Wednesday.

December 5, 2007

Oil Falls Following DOE Report

Oil prices dipped Wednesday following an Energy Department report that showed distillate inventories, which include diesel fuel and home heating oil, rose last week.

December 5, 2007

Floods Close Stretch of I-5 in Northwest

Severe floods in the Pacific Northwest have closed a stretch of Interstate 5 until at least Thursday, news reports said.

December 5, 2007

Third-Quarter Productivity Jumps to 6.3%

U.S. worker productivity jumped to an annual rate of 6.3% in the third quarter from 2.2% the previous quarter, the Labor Department said Wednesday.

December 5, 2007