Oil closed over $100 a barrel Wednesday for just the second time since June on an improved economic picture and soaring stock markets, Bloomberg reported.
December 1, 2011Search
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Jobless Claims Rise for Week
Initial jobless claims increased by 6,000 last week to 402,000, the Labor Department said Thursday.
December 1, 2011Radiant Logistics Buys Isla International
Third-party logistics provider Radiant Logistics will acquire Isla International, a company that specializes in shipments between the United States and Mexico, for $15 million.
December 1, 2011UPS to Acquire Italian Logistics Firm
UPS on Thursday announced an agreement to purchase Pieffe Group, an Italian pharmaceutical logistics company. Terms were not disclosed.
December 1, 2011Mica: No Highway Bill Until New Year
Rep. John Mica (R-Fla.) said this week he will not introduce a highway bill until next year, with the latest extension for transportation spending scheduled to run out March 31.
December 2, 2011Goodyear to Supply Tires to Con-way Truckload
Goodyear Tire & Rubber Co. said it was chosen to be the principal supplier of wide-based truck tires for Con-way Truckload.
November 30, 2011Chicago Manufacturing Index Rises More Than Forecast
Manufacturing activity in the Chicago area rose in November, the Institute for Supply Management-Chicago said Wednesday.
November 30, 2011Caterpillar Boosting India Operations
Caterpillar Inc. said Wednesday it will build a $150 million engine manufacturing facility in India to produce engines and will invest $62 million in its existing off-highway truck manufacturing facility there.
November 30, 2011Third-Quarter Productivity Revised Upward
U.S. workers’ productivity increased in the third quarter and labor costs declined, the Labor Department said Wednesday, raising an earlier productivity estimate.
November 30, 2011Oil Tops $100 a Barrel in Early Trading
Oil rose to more than $100 a barrel in early trading Wednesday, marking a fourth straight day of increases, Bloomberg reported.
November 30, 2011