The Federal Trade Commission has removed one of the last hurdles facing the proposed merger of Pilot Corp. and Flying J by ordering the two truck-stop chains to sell certain locations to rival rest stop operator Love’s Travel Stops and Country Stores.
July 1, 2010Business
Initial Jobless Claims Increase for Week
Initial jobless claims rose 13,000 last week, the Labor Department said Thursday.
July 1, 2010BusinessEquipment
ISM Factory Index Shows Expansion in June
U.S. manufacturing activity showed expansion in June for the 11th straight consecutive month but dropped from may, the Institute for Supply Management said Thursday.
July 1, 2010Business
Construction Spending Drops in May
Construction spending fell 0.2% in May, the first decline in three months, the Commerce Department said Thursday.
July 1, 2010Business
Daimler Boosting Production at N.C. Truck Plants
Daimler Trucks North America said Wednesday it will ramp up production next month at two North Carolina truck factories and a third logistics plant, recalling about 540 workers to the facilities.
June 30, 2010Business
Chicago Manufacturing Index Shows Continued Expansion
Manufacturing activity in the Chicago region fell slightly in June but showed expansion for a ninth straight month, the Institute for Supply Chain Management-Chicago said Wednesday.
June 30, 2010Business
TransCore Sees Its Busiest May in 10 Years
TransCore Holdings, a major electronic load board operator, reported a tripling of activity across its U.S.-Canadian network in May, calling it the busiest May the company has seen in 10 years.
June 30, 2010Business
Eaton Forms Alliance with German Hydraulics Firm
Vehicle parts manufacturer Eaton Corp. said Wednesday it has formed an alliance with German firm Linde Hydraulics.
June 30, 2010Business
Ford to Make $4 Billion Debt Payment
Ford Motor Co. will make a $4 billion payment on its outstanding debt, paying into a United Auto Workers trust fund that pays retiree health care bills, the Associated Press reported Wednesday.
June 30, 2010BusinessSafetyLogistics
Opinion: Out of the Lab, Into the Cab
June is National Safety Month, a particularly relevant observance this year as the Federal Motor Carrier Safety Administration makes final revisions to its operational model for the Comprehensive Safety Analysis 2010 program, with implementation expected as early as December.
June 30, 2010