Retail sales rose 0.5% in April, the tenth straight increase, the Commerce Department said Thursday.
May 12, 2011Business
Initial Jobless Claims Fall 44,000 for Week
Initial jobless claims fell 44,000 to 434,000 for the week ended Saturday, the Labor Department reported Thursday.
May 12, 2011BusinessEquipment
Cummins Sees Continued Strong Engine Market
Diesel engine maker Cummins Inc. said it expects significant sales and profit growth in 2011 and in future years.
May 12, 2011PerspectiveGovernmentBusiness
Opinion: Infrastructure — A Pivotal Moment
This is a pivotal moment for our nation’s commitment to investing in transportation infrastructure. The Interstate Highway System has been built, but it no longer meets all our needs and is showing its age.
May 12, 2011EditorialBusiness
Tornadoes and Trucking
When we read or watch news reports concerning the devastation caused by natural disasters, we usually are able to relate to the tragedies on a human level.
May 12, 2011Business
DOT Freight Transport Index Rises 4.8%
The Department of Transportation’s freight transportation services index for March rose 4.8% from a year ago, to the highest level since July 2008, DOT said Wednesday.
May 11, 2011Business
N.Y. Rep. Tonko Introduces Truck Parking Measure
About $20 million in federal highway money would be available to add parking spaces for truck drivers needing rest, under legislation introduced in the House Wednesday
May 11, 2011Business
Postal Service Loses $2.2 Billion in 2nd Quarter
The U.S. Postal Service reported a loss of $2.2 billion in the first three months of the year, compared with a $1.6 billion loss a year ago, Reuters reported.
May 11, 2011BusinessSafetyGovernment
I-40 Lanes Reopen in Arkansas
The westbound lanes of Interstate 40 in eastern Arkansas that were closed due to flooding over the weekend have reopened, the Arkansas Highway and Transportation Department said Wednesday.
May 11, 2011BusinessFuelGovernment
U.S. Trade Deficit Jumps 6%
The U.S. trade deficit widened by 6% in March, the Commerce Department said Wednesday.
May 11, 2011