Navistar International Corp. earned $272 million for its fiscal third quarter and boosted its full-year earnings forecast, the company said late Wednesday.
September 4, 2008Fuel, Business, Government
Consumer Confidence Jumps on Lower Fuel Prices
U.S. consumer confidence this month rose by the most in four years in September, according to the Reuters/University of Michigan’s preliminary monthly consumer sentiment index, released Friday.
September 5, 2008Business, Government
N.J. Turnpike Authority Calls for Toll Hikes
The New Jersey Turnpike Authority asked Gov. Jon Corzine (D) to approve a series of toll increases on two of the state’s major toll roads to pay for infrastructure improvements, the Associated Press reported.
September 5, 2008Business, Safety, Government
TTNews to Close Monday for Labor Day
Transport Topics Online will be closed Monday for the Labor Day holiday. Please check back on Tuesday, Sept. 8, for the latest trucking and freight transportation news.
September 4, 2008Business, Safety, Government
ISM Services Index Shows Expansion in August
The U.S. economy’s service sector expanded in August following two straight months of contraction, the Institute for Supply Management said Thursday.
September 4, 2008Government, Business, Safety
Second-Quarter Productivity Rises 4.3%
Second-quarter U.S. worker productivity rose at a 4.3% annual rate, more than previously estimated, the Labor Department said Thursday.
September 4, 2008Government, Business, Safety
Navistar Reports $272 Million 3Q Profit
Business, Safety, Government, Autonomous
Fed ‘Beige Book’ Cites Continuing Economic Sluggishness
U.S. economic activity, including trucking and freight transportation, was sluggish in July and August, according to a Federal Reserve report released Wednesday.
September 3, 2008Government, Business, Safety
FMCSA Waives Hours Regs for Gulf States Drivers
Motor carriers and drivers providing emergency in areas affected by Hurricane Gustav will be relieved federal hours-of-service regulations, the Federal Motor Carrier Administration said.
September 3, 2008Fuel, Business, Logistics, Government
Diesel Slips 2.4¢ to $4.121
Despite Hurricane Gustav blowing through the Gulf of Mexico over the weekend, diesel fuel’s national average price fell 2.4 cents to $4.121 a gallon in a seventh straight decline, the Energy Department said Tuesday.
September 3, 2008Government
Factory Orders Rise 1.3% in July
U.S. factory orders rose 1.3% in July, the Commerce Department said Wednesday.
September 3, 2008