Oil fell more than $2 Wednesday to a two-week low under $109 a barrel following a report that showed crude supplies reached a six-month high last week, Bloomberg reported.
May 4, 2011Search
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Oil Tumbles to Below $100 a Barrel
Crude oil tumbled almost $10 to below $100 a barrel Thursday as commodities dropped the most in two years on concern that economic growth will slow, Bloomberg reported.
May 5, 2011Companies Added More Workers in April, Report Says
U.S. companies added 179,000 workers to payrolls in April, signaling the labor market is strengthening, according to a private report released, Bloomberg reported Wednesday.
May 4, 2011Wabash Swings to First-Quarter Profit
Trailer manufacturer Wabash National Corp. reported a first-quarter profit on improved sales, turning around a loss from a year ago.
May 4, 2011Commercial Vehicle Group Reports Higher 1Q Profit
Components maker Commercial Vehicle Group said its first quarter profit rose from a year ago on higher sales and stronger vehicle markets.
May 4, 2011North American Trailer Expands in Calif. With Acquisition
North American Trailer said it has acquired Fontana, Calif.-based Quality Fleet Repair, effective Sunday. Terms were not disclosed.
May 3, 2011NAFTA Surface Trade Rises in February
Surface transportation trade among the United States, Canada and Mexico was 11.8% higher in February than a year earlier, the Department of Transportation said Tuesday.
May 3, 2011FleetPride Completes Acquisition of Midway Truck Parts
FleetPride Inc., an aftermarket distributor of heavy-duty truck and trailer parts, said it completed its acquisition of Midway Truck Parts.
May 3, 2011March Factory Orders Rise 3%
Factory orders rose 3% in March, the fifth straight increase, the Commerce Department said Tuesday.
May 3, 2011Meritor’s Second-Quarter Profit Improves
Components maker Meritor Inc. Tuesday reported an improved second-quarter profit, as its commercial truck unit sales rose from a year ago.
May 3, 2011