Chrysler Group LLC was the only one of the three Detroit-based automakers to report an increase in vehicle sales for May, Bloomberg reported.
June 2, 2011Search
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Productivity Drops in First Quarter
U.S. workers’ productivity slowed in the first quarter and labor costs rose, the Labor Department said Thursday, as companies boosted employment to meet rising demand.
June 2, 2011Initial Jobless Claims Drop By 6,000
Initial jobless claims fell 6,000 to 422,000 last week, the Labor Department reported Thursday.
June 2, 2011Volvo, Mack to Make Transmissions at Hagerstown, Md., Plant
Growing demand has prompted Volvo Trucks North America and Mack Trucks to move assembly of its transmissions to Hagerstown, Md., the two companies said Wednesday.
June 1, 2011Construction Spending Increases 0.4% in April
Construction spending rose 0.4% in April, the second straight monthly increase, the Commerce Department said Wednesday.
June 1, 2011Roadrunner Buys Refrigerated Carrier Bruenger Trucking
Roadrunner Transportation Systems said it has acquired refrigerated truckload carrier Bruenger Trucking Co., in a transaction worth up to $13.6 million.
June 1, 2011Conn. Boosting Diesel Tax By 3 Cents in July
Connecticut’s diesel tax will go up 3 cents on July 1, pushing the levy from 39.6 to 42.6 cents a gallon under a recent budget agreement between state legislators and Gov. Dan Malloy (D).
June 1, 2011Freight Network, Spending Plan Contained in Transportation Bill
A bipartisan transportation reauthorization bill being prepared by four key United States senators would map out a national network of freight corridors and dedicate a percentage of Highway Trust Fund dollars to road projects within that network, a Senate staff member said.
May 31, 2011Active 2011 Hurricane Season Predicted
This year’s Atlantic hurricane season, which starts Wednesday, could produce more storms than usual and include three to six major storms, according to the U.S. Climate Prediction Center, Bloomberg reported.
June 1, 2011NAFTA Surface Trade Tops $80 Billion for First Time
Surface transportation trade among the United States, Canada and Mexico jumped 15.6% in March from a year ago, topping $80 billion for the first time on record, the Department of Transportation said Tuesday.
May 31, 2011