Surface transportation trade among the United States, Canada and Mexico fell 27.9% in March from a year earlier, the third consecutive month of decline greater than 27%, the Department of Transportation said Thursday.
May 28, 2009BusinessEquipment
Dana Names New CEO
Driveshaft and axle maker Dana Holding Corp. has named James Sweetnam as its new president and chief executive officer.
May 28, 2009GovernmentBusinessSafety
New °®¶¹´«Ã½ Sales Rise 0.3%
New home sales increased 0.3% in April, the Commerce Department said Thursday.
May 28, 2009BusinessGovernment
Durable Goods Orders See Biggest Rise in 16 Months
Durable goods orders rose 1.9% April, the largest gain in more than a year, the Commerce Department said Thursday.
May 28, 2009Business
Initial Jobless Claims Decline for Week
Initial jobless claims fell by 13,000 last week, the Labor Department said Thursday.
May 28, 2009Business
Oil Hits Six-Month High Over $63 a Barrel
Oil reached a six-month high over $63 a barrel Thursday after OPEC predicted a demand recovery, Bloomberg reported.
May 28, 2009BusinessSafety
April Truck Tonnage Plunges 13.2%
Truck tonnage decreased 13.2% in April compared with a year ago, falling to the lowest level in seven-and-a-half years, American Trucking Associations said.
May 27, 2009BusinessLogistics
Existing °®¶¹´«Ã½ Sales Rise 2.9%
Existing homes sales rose 2.9% in April, the National Association of Realtors said Wednesday.
May 27, 2009FuelBusinessGovernment
Diesel Rises 4.3¢ to $2.274 a Gallon
Diesel fuel’s average price rose 4.3 cents, its third consecutive increase, to a four-month high of $2.274 a gallon, while gasoline jumped 12.6 cents, the Department of Energy said.
May 27, 2009Business
UPS Freight Cuts Transit Times to Kansas
UPS Freight, the less-than-truckload unit of UPS Inc., said it is reducing transit times on deliveries to and from Kansas.
May 27, 2009