Truck tonnage fell 1.8% in October from the same month last year, and took an even bigger drop from September, American Trucking Associations said late Monday.
November 25, 2008GovernmentBusiness
Third-Quarter GDP Falls 0.5%
The U.S. economy contracted more than previously estimated, shrinking by 0.5% in the third quarter, the Commerce Department said Tuesday.
November 25, 2008BusinessGovernment
Consumer Confidence Rises In November After Record Low
Consumer confidence unexpectedly rose in November as falling gasoline prices provided relief for consumers, the Bloomberg said Tuesday.
November 25, 2008Business
Obama Stimulus Plan to Focus on Infrastructure
President-elect Barack Obama will propose an economic-stimulus package focused on infrastructure shortly after he is inaugurated, Bloomberg reported Tuesday.
November 25, 2008FuelGovernmentBusiness
Clean Energy's Calif. LNG Plant Starts Production
Clean Energy Fuels Corp. has started up its California LNG Plant in Boron, Calif., the company said Monday.
November 24, 2008BusinessTechnologyEquipmentSafety
NAVTEQ To Acquire German Traffic Data Firm
NAVTEQ announced last week that it will acquire T-Systems Traffic GmbH, a German traffic data firm.
November 24, 2008GovernmentBusinessSafetyFuelLogistics
Pacer To Deploy 300 Clean Trucks
Pacer International announced last week that its subsidiaries will deploy 230 new clean trucks this month to comply with Southern California port regulations.
November 24, 2008BusinessLogisticsGovernment
Existing °®¶¹´«Ã½ Sales Fall in October
Existing homes sales fell 3.1% in October, while the median price of a home fell 11.3% from the same month last year, the biggest jump on record, the National Association of Realtors said Monday.
November 24, 2008GovernmentBusinessLogistics
Gas Slips Below $2, Lundberg Says
The national average price of regular gasoline plunged another 33 cents in the two weeks ended Friday, to $1.97 a gallon — the first time it has fallen under $2 in almost three years — according to the latest Lundberg Survey of filling stations released Sunday.
November 24, 2008BusinessGovernmentLogistics
Crane Worldwide Announces Four Acquisitions
Crane Worldwide Logistics said it has completed four acquisitions expanding its freight management and contract logistics services in Asia, Europe, and Latin America.
November 24, 2008