Oil fell more than $1 to below $79 a barrel early Wednesday following a report that showed crude inventories improved last week, Bloomberg reported.
October 28, 2009Business, Government
New °®¶¹´«Ã½ Sales Fall for September
New home sales fell 3.6% in September, the Commerce Department said Wednesday.
October 28, 2009Business, Logistics
Norfolk Southern’s 3Q Profit Drops 41%
Norfolk Southern Corp. reported that its third-quarter profit fell 41% from a year ago.
October 28, 2009Business, Government
Durable Goods Orders Rise for Fourth Time in Six Months
Durable goods orders rose in September for the fourth time in six months, the Commerce Department said Wednesday.
October 28, 2009Business, Fuel
Oil Falls Below $79 a Barrel Following Inventory Report
Government, Business, Safety
DOT Sets Safety Council
Secretary Ray LaHood said Monday the Department of Transportation was creating a safety council to address a “critical†safety issues facing DOT’s 10 modal agencies.
October 27, 2009Government, Business
Border Flow Needs Improvement, Trucking Official Testifies
Congress must find more ways to allow motor carriers considered a “low security†risk to pass more quickly through the 160 U.S. border checkpoints with Mexico and Canada, a trucking official said last week.
October 27, 2009Business
Daimler Reports Its First Quarterly Profit in a Year
Daimler AG Tuesday reported its first quarterly profit in a year, saying it earned about $61 million, or 4 cents a share, in the third quarter, down from about $200 million, or 21 cents, a year ago
October 27, 2009Government, Business
FMCSA Weighing Whether ID Requirements Are Burdensome
The Federal Motor Carrier Safety Administration is asking for public comment on the practice by some state and local governments of requiring trucks to display decals or other kinds of identification.
October 27, 2009Government, Business
Consumer Confidence Drops in October
U.S. consumer confidence fell in October, according to the Conference Board's monthly consumer sentiment index released Tuesday.
October 27, 2009Business
Paccar’s Third-Quarter Net Income Plunges 96%
Paccar Inc.’s third-quarter profit plunged 96% to $13 million, or 4 cents a share, from $299 million, or 82 cents, a year ago.
October 27, 2009