Oil rose slightly Wednesday after falling to near $67 a barrel, following a Department of Energy report showed that inventories declined last week, Bloomberg reported.
September 2, 2009Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
ISM Services Index Improves in August
The economy鈥檚 service sector showed improved activity in August, the Institute for Supply Management said Thursday.
September 3, 2009Initial Jobless Claims Fall for Week
Initial jobless claims declined 4,000 last week, the Labor Department said Thursday.
September 3, 2009July Factory Orders Rise 1.3%
Factory orders rose 1.3% in July, the fourth straight gain, the Commerce Department said.
September 2, 2009Second-Quarter Productivity Jumps 6.6%
U.S. workers鈥 productivity rose in the second at an annual rate of 6.4%, higher than previously reported, the Labor Department said Wednesday.
September 2, 2009Phoenix Group Gets Contract With H.E.B. Unit in Mexico
Logistics provider the Phoenix Group landed a construction logistics contract with the Mexican division of H.E.B. Grocery Co. of Houston that will more than double the size of its construction management division, Phoenix said.
September 2, 2009Opinion: LTLs: Get Back in the Box
Most carriers were ill-prepared to manage in the current recession, and much has been written lately about 鈥減ost-recession operation,鈥 a term that strikes me as limiting and defensive 鈥 particularly in the case of less-than-truckload carriers.
September 2, 2009Oil Rises Following DOE Inventory Report
ISM Factory Index Shows Manufacturing Expansion
U.S. manufacturing showed expansion in August for the first time in more than a year and half, the Institute for Supply Management said Tuesday.
September 1, 2009Construction Spending Falls 0.2% in July
U.S. construction spending slipped 0.2% in July, the Commerce Department said Tuesday.
September 1, 2009Diesel Rises 0.6垄 to $2.674 in Sixth Straight Increase
Diesel fuel鈥檚 national average price rose slightly, gaining 0.6 cent to $2.674 a gallon, its sixth straight gain, the Department of Energy reported.
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