Oil fell more than $1 to a three-week low near $86 a barrel Thursday following a reduced growth forecast by Europe’s central bank and concern over stalled U.S. budget negotiations, Bloomberg reported.
December 6, 2012Search
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Initial Jobless Claims Fall For Week
Initial jobless claims fell by 25,000 last week, the Labor Department said Thursday.
December 6, 2012UTi Worldwide’s 3Q Profit Declines
UTi Worldwide said Thursday its third-quarter net income fell to $10.5 million, or 10 cents a share, from $28.5 million, or 28 cents, a year earlier.
December 6, 2012Bill Calls for Hair Testing for Drug Use; DOT Warns Marijuana Remains Illegal
A House bill introduced Wednesday would create a pilot program to test truck drivers’ hair strands for evidence of illegal drug use.
December 6, 2012Intermodal Traffic Drops 1.2%; Weekly Volume Hurt by Calif. Port Strike
U.S. rail intermodal traffic fell 1.2% for the week ended Saturday from the same week last year, due in part to the eight-day strike at the California ports of Los Angeles and Long Beach.
December 7, 2012Factory Orders Rise in October
Factory orders rose 0.8% in October, the Commerce Department reported Wednesday.
December 5, 2012Auto Sales Jump to Five-Year High
Automakers’ U.S. November sales rose to the highest level in almost five years, with replacement orders from Hurricane Sandy contributing to the increase, Bloomberg reported.
December 5, 2012Clean Energy Completes First Stage of ‘Natural Gas Highway’ for Trucking
Clean Energy Fuels Corp. said Wednesday that with the completion of a liquefied natural gas fueling station in Missouri this month it has concluded the first stage of its “America’s Natural Gas Highway†for trucking.
December 5, 2012ISM Services Index Rises in November
An index of the U.S. economy’s service sector increased in November, the Institute for Supply Management said Wednesday.
December 5, 2012Transplace Acquires Canadian Logistics Company
Transplace said it has acquired Canadian logistics company Torus Freight Systems. Terms were not disclosed.
December 5, 2012