Construction spending fell 1.1% in March, the Commerce Department said Thursday.
May 1, 2008BusinessGovernment
Salisbury Named CEO at Fikes Truck Line
Fikes Truck Line named Gary Salisbury its chief executive officer this month, the company said. He takes over from owner and former president Jim Smith, who remains chairman of the board.
May 1, 2008BusinessSafetyGovernment
ISM Manufacturing Index Continues to Show Contraction
The Institute for Supply Management’s manufacturing index continued to show contraction in April, matching March’s reading, ISM said Thursday.
May 1, 2008GovernmentBusiness
Personal Spending Rises 0.4%
Consumer personal spending rose 0.4% in March, the Commerce Department said Thursday.
May 1, 2008BusinessSafetyGovernment
DOT Secretary Peters Launches Blog
Transportation Secretary Mary Peters has launched a blog at DOT, called the Fast Lane.
April 30, 2008BusinessSafetyGovernment
NAFTA Surface Trade Jumps 16.3%
Surface trade among the United States, Canada and Mexico jumped 16.3% in February from a year earlier, the Department of Transportation said Wednesday.
April 30, 2008GovernmentBusinessEquipment
Cummins’ 1Q Profit Jumps
Diesel engine maker Cummins Inc.’s first-quarter profit jumped 33% to $190 million, or 97 cents a share, from $143 million, or 71 cents, a year ago.
April 30, 2008BusinessSafetyGovernment
Trucking Could Gain Hazmat Business Under New DOT Rail Shipment Rules
Railroads are facing new federal regulations for shipments of highly hazardous materials, such as chlorine, that could drive more business to trucks.
April 30, 2008BusinessLogisticsGovernment
Chicago Manufacturing Index Shows Small Gain
Manufacturing activity in the Chicago region improved this month, but continued to show contraction, the National Association of Purchasing Management said Wednesday.
April 30, 2008BusinessSafetyGovernmentLogistics
TransForce Reports Dip in 1Q Income
Canadian transportation firm TransForce Income Fund said Wednesday its first-quarter net income was C$19.1 million, or 22 cents per unit, compared with C$20.9 million, or 24 cents, a year ago.
April 30, 2008