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Construction Spending Jumps in August

U.S. construction spending rose 0.8% in August, the largest increase since September 2008, the Commerce Department said Thursday.

October 1, 2009

FedEx Trade Networks Names New CEO

FedEx Corp. has promoted Fred Schardt to chief executive officer of its FedEx Trade Networks subsidiary, the company said Thursday.

October 1, 2009

LaHood, at Summit, Calls Distracted Driving ‘Epidemic’

WASHINGTON — Transportation Secretary Ray LaHood said Wednesday that the Department of Transportation’s two-day distracted driving summit was likely to result in “something legislatively†to ban texting and driving, which he termed a national “epidemic.â€

October 1, 2009

Initial Jobless Claims Climb for Week

Initial jobless claims rose by 17,000 last week to 551,000, the Labor Department said Thursday.

October 1, 2009

Personal Spending Rises by the Most in 8 Years

Consumer personal spending rose in August by the largest amount in almost eight years, while incomes climbed for the second consecutive month, the Commerce Department said Thursday.

October 1, 2009

LaHood Says Government to Ban Truckers’ Texting

WASHINGTON —  The Obama administration will ban texting by truck drivers and restrict the use of other in-cab technologies as part of its effort to eliminate distracted driving, Transportation Secretary Ray LaHood said.

October 2, 2009

Chicago Manufacturing Index Falls

Manufacturing activity in the Chicago area shrank in September, the Institute for Supply Chain Management-Chicago said Tuesday.

September 30, 2009

Final GDP Reading for 2Q Revised Upward to a 0.7% Decline

The U.S. economy contracted at an annual rate of 0.7% in the second quarter, better than the 1% decline previously estimated, the Commerce Department said Wednesday.

September 30, 2009

DOT Opens Two-Day National Summit on Distracted Driving

Department of Transportation Wednesday opened its two-day national summit on distracted driving, with panels of state, federal and other officials as well as interested and affected parties speaking on issues around cell phone use and texting by drivers.

September 30, 2009

CN Opens Reconstructed Memphis Yard

Canadian National Railway said that it has completed a $100 million reconstruction project on its Memphis, Tenn., rail classification yard.

September 30, 2009