Oil prices fell to below $70 a barrel Wednesday following a Department of Energy report that showed crude supplies rose last week, Bloomberg reported.
August 5, 2009Government, Business, Safety
Quality Reports $186 Million 2Q Loss
Tank truck carrier Quality Distribution reported a second-quarter loss of $186.2 million, or $9.58 per share, compared to income of $400,000, or 2 cents, a year ago.
August 5, 2009Business, Safety, Government
Evergreen Files for Chapter 11 Bankruptcy
Evergreen Transportation has filed for Chapter 11 bankruptcy protection, the truckload carrier said in a statement on its Web site.
August 5, 2009Business, Government
Factory Orders Improve in June
U.S. factory orders rose in June a third straight month, the Commerce Department said Wednesday.
August 5, 2009Business, Safety, Government
ISM Services Index Slips in July
The U.S. economy’s service sector showed a downturn in activity last month, the Institute for Supply Management said Wednesday.
August 5, 2009Business, Safety, Government
Xata Loss Narrows in Third Quarter
Transportation software firm Xata Corp. said Wednesday it lost $62,000, or 1 cent per share, in its fiscal third quarter, compared with a loss of $712,000, or 8 cents, a year ago.
August 5, 2009Business, Fuel, Government
Oil Slips Below $70 Following DOE Report
Business, Safety, Government
DOT to Host September Summit on Texting and Driving
The Department of Transportation will convene a September summit to come up with a plan to deal with the issue of texting while driving, DOT said Tuesday.
August 4, 2009Fuel, Business, Government
Diesel Rises 2.2¢ to $2.55
The average price of diesel fuel rose for the second straight week, gaining 2.2 cents to $2.55 a gallon, the Department of Energy said Monday.
August 4, 2009Business, Government
Personal Spending Rises; Incomes Take Biggest Plunge in Four Years
Consumer personal spending rose modestly in June, while incomes fell by the most in four years, the Commerce Department said Tuesday.
August 4, 2009Business, Safety, Government
ISM Manufacturing Index Gains in July
Manufacturing activity improved in July and shrank at the slowest pace in nearly a year, the Institute for Supply Management said Monday.
August 3, 2009