Western Express, which is planning to purchase Smithway Motor Xpress Corp. said late Thursday it would delay the deal’s closing to October because of recent volatility in U.S. credit markets.
August 31, 2007Search
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Factory Orders Jump 3.7%, Commerce Says
U.S. factory orders jumped 3.7% in July, the Commerce Department said Friday.
August 31, 2007Chicago Manufacturing Index Improves
Manufacturing activity in the Chicago region saw a modest gain in August, the National Association of Purchasing Management said Friday.
August 31, 2007Consumer Sentiment Index Drops in August
U.S. consumer confidence fell to a one-year low this month, according to the University of Michigan’s monthly consumer sentiment index released Friday.
August 31, 2007Personal Spending Rises 0.4%
Consumer personal spending rose 0.4% in July, the Commerce Department said Friday.
August 31, 2007Western, Smithway Delay Closing
Western Express, which is planning to purchase Smithway Motor Xpress Corp. said late Thursday it would delay the deal’s closing to October because of recent volatility in U.S. credit markets.
August 31, 2007ATA Files Hours-of-Service Petition
American Trucking Associations submitted a petition Friday asking the Federal Motor Carrier Safety Administration to retain the 11-hour daily driving limit and 34-hour restart provisions of federal hours-of-service rules for truck drivers.
August 31, 2007Rail, Intermodal Traffic Drop
Rail carload and intermodal freight traffic declined from a year ago for the week ended Saturday, continuing a trend this year, the Association of American Railroads said Thursday.
August 30, 2007NAFTA Trade Gains 5.2%; Truck Trade Dips
Surface trade among the United States, Canada and Mexico was 3.9% higher in June than a year earlier, though truck trade declined, the Department of Transportation said Thursday.
August 30, 2007Volvo’s North American Deliveries Drop 60%
Volvo AB’s North American units’ deliveries fell more than 60% from a year ago from January through July, the company said Wednesday.
August 30, 2007