Automakers sold cars and light trucks at the highest pace in more than four years in September, Bloomberg reported.
October 4, 2012Search
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Factory Orders Drop in August
Factory orders dropped 5.2% in August, the biggest decrease since January 2009, the Commerce Department said Thursday.
October 4, 2012Initial Jobless Claims Rise for Week
Initial jobless claims increased by 4,000 last week, the Labor Department said Thursday.
October 4, 2012Intermodal Traffic Gains 2.5% for Week
U.S. intermodal traffic rose 2.5% last week over the same week a year ago, the Association of American Railroads reported.
October 5, 2012XPO Logistics Raises Funds, Says Results to Lag Forecasts
XPO Logistics, which recently completed $125 million in additional financing, said that its third-quarter results will not match analysts’ expectations.
October 4, 2012ISM Services Index Improves in September
An index of the U.S. economy’s service sector improved in September, the Institute for Supply Management said Wednesday.
October 3, 2012Virginia Signs Natural Gas Agreement With Clean Energy
Virginia Gov. Robert McDonnell (R) signed an agreement with Clean Energy Fuels Corp. to allow state and local entities to buy compressed natural gas from Clean Energy for their vehicle fleets.
October 3, 2012Oil Falls to Two-Month Low $88.14 Per Barrel
Oil fell to less than $89 a barrel — a two-month low — following a Department of Energy report that showed crude output rose to an almost 16-year high last week, Bloomberg reported.
October 3, 2012Universal Buys Logistics Firm for $335 Million
Universal Truckload Services said it has completed the purchase of third-party logistics firm LINC Logistics for $335 million.
October 3, 2012Trimble Completes TMW Acquisition
Trimble Navigation Ltd. said it has completed its $335 million acquisition of transportation software provider TMW Systems.
October 3, 2012