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Import Prices Drop for First Time in Four Months

The price of goods imported to the United States fell in November for the first time in four months, the Labor Department said Wednesday.

December 12, 2012

Cummins Sets $1 Billion Stock Repurchase

Cummins Inc. said聽it will repurchase up to $1 billion in shares of its common stock.

December 12, 2012

Michigan Passes 鈥楻ight-to-Work鈥 Law

Michigan has become the 24th state to pass a so-called 鈥渞ight-to-work鈥 law, with Gov. Rick Snyder (R) signing the measure on Tuesday, the Associated Press reported.

December 12, 2012

Mack, Volvo 2014 Trucks Receive Greenhouse-Gas Certification from EPA

Mack Trucks and Volvo Trucks said Wednesday their 2014 model-year trucks have been certified by the U.S. Environmental Protection Agency and the National Highway Traffic Safety Administration in accordance with 2014 fuel-efficiency and greenhouse-gas regulations.

December 12, 2012

Driver Turnover Dips but Remains Over 100% in Third Quarter, ATA Says

The driver turnover rate at large truckload carriers dipped 2% in the third quarter but held over 100%, while churn at smaller carriers rose to a five-year high, American Trucking Associations said Tuesday.

December 11, 2012

Wholesale Inventories Rise 0.6%

Wholesale inventories increased 0.6% in October, while sales fell 1.2%, the biggest drop since June, the Commerce Department said Tuesday.

December 11, 2012

Holiday Shipping Projected to Increase

FedEx Corp., UPS Inc. and the U.S. Postal Service are all projecting higher holiday package-shipping rates than a year ago, the Los Angeles Times reported Tuesday.

December 11, 2012

Celadon Group Names Paul Will CEO

Celadon Group Inc. has named Paul Will the company鈥檚 CEO, effective immediately. Steve Russell will continue as聽the company鈥檚 chairman.

December 10, 2012

U.S. Trade Deficit Expands in October

The U.S. trade deficit increased by 4.9% in October, the Commerce Department said Tuesday.

December 11, 2012

Solicitor Supports Court Ruling on L.A. Port Requirements for Carriers

The U.S. Supreme Court should let stand an appeals court decision giving the Port of Los Angeles the right to impose requirements on motor carriers that want to operate at the port, the U.S. Solicitor General said in a legal brief.

December 7, 2012