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Philadelphia Manufacturing Index Rises

Manufacturing activity in the Philadelphia region increased in December, the Federal Reserve Bank of Philadelphia said Thursday.

December 15, 2011

Senate Committee Advances Freight Policy Measure

A Senate panel approved measures that would create the nation鈥檚 first freight policy act, under which investment would be targeted to freight projects that increase economic competitiveness, improve mobility and promote energy conservation.

, December 15, 2011

Industrial Production Declines in November

Industrial production slipped 0.2% in November, the first decline in seven months, the Federal Reserve said Thursday.

December 15, 2011

Producer Price Index Rises in November

Prices paid to U.S. producers rose 0.3% in November, led by a 1% increase in food expenses, the Labor Department said Thursday.

December 15, 2011

New York Manufacturing Index Jumps

Manufacturing activity in the New York region expanded in December to the highest level in seven months, the Federal Reserve Bank of New York said Thursday.

December 15, 2011

Jobless Claims Drop to Three-Year Low

Initial jobless claims dropped by 19,000 last week to 366,000, the lowest level since May 2008, the Labor Department said Thursday.

December 15, 2011

FedEx鈥檚 2Q Profit Jumps on Higher Deliveries

FedEx Corp.鈥檚 fiscal second-quarter profit nearly doubled, boosted by higher holiday-season sales, and the company said it will purchase 27 new jets for its FedEx Express service in the next few years.

December 15, 2011

Intermodal Traffic Rises 3% for Week

U.S. intermodal traffic increased 3% for the week ended Saturday from a year ago, the Association of American Railroads reported.

December 16, 2011

YRC Sells Truckload Assets to Celadon

YRC Worldwide said late Thursday it has sold 鈥渁 significant portion鈥 of the assets of its truckload unit YRC Glen Moore to truckload carrier Celadon Group.

December 15, 2011

Rush Acquires West Texas Peterbilt

Rush Enterprises said it has acquired West Texas Peterbilt, a dealership with five locations in Texas, for $25 million.

December 15, 2011