The Department of Transportation will not back a proposal to prohibit drivers from talking on cellphones, including hands-free devices, the Wall Street Journal reported Thursday.
December 22, 2011Business
November Truck Tonnage Rises 6% in Biggest Gain Since June
Truck tonnage rose 6% in November from a year ago, the biggest increase since June, American Trucking Associations said Wednesday.
December 21, 2011Business
Existing °®¶¹´«Ã½ Sales Rise in November; Purchases Since 2007 Revised Down
Existing home sales rose 4% in November to an annual rate of 4.42 million homes, but sales figures since 2007 were revised down, the National Association of Realtors said Wednesday.
December 21, 2011BusinessLogistics
North East Expedite Logistics Acquired by Action Products
Holding company Action Products International on Wednesday announced its acquisition of North East Expedite Logistics, a provider of transportation and logistics services on the East Coast.
December 21, 2011BusinessFuel
Oil Rises for Third Day as Crude, Diesel Inventories Decline
Oil rose for a third day Wednesday as a Department of Energy report showed crude inventories plunged last week, Bloomberg reported.
December 21, 2011Business
Navistar’s 4Q Income Jumps
Navistar International Corp.’s fourth-quarter net income jumped to $275 million, from $56 million a year ago on higher truck, engine and military sales, the company said Tuesday.
December 20, 2011Business
Snowstorm Closes Highways in Southwest and Great Plains
A heavy snowstorm that has closed highways in five states continued to move across the Southwest and Great Plains on Tuesday, the Associated Press reported.
December 20, 2011BusinessFuel
Diesel Falls 6.6¢ to $3.828 in Largest Drop Since May 2010
Diesel dropped 6.6 cents to $3.828 a gallon, its fourth straight downturn and the biggest decline in more than a year and a half, the Department of Energy said.
December 20, 2011Business
Housing Starts Climb to Highest Level Since April 2010
Housing starts jumped 9.3% in November to their highest level in more than a year and a half, the Commerce Department said Tuesday.
December 20, 2011Business
Volvo, Mack Name North American Executives
Volvo Trucks and Mack Trucks named new presidents of their respective North American sales and marketing divisions, effective Jan. 1.
December 20, 2011