A two–mile stretch of Interstate 95 in Philadelphia that has been closed since early Tuesday morning could open as soon as Wednesday night, Pennsylvania Gov. Ed Rendell’s office said in a statement.
March 18, 2008Search
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ArvinMeritor Says 2Q Earnings Will Improve
Heavy-duty parts maker ArvinMeritor Inc. said its fiscal second-quarter earnings would be “significantly better” than last year’s second quarter.
March 19, 2008Fed Cuts Key Interest Rate to 2.25%
The Federal Reserve Tuesday cut the key U.S. interest rate by three-quarters of a point, to 2.25%.
March 18, 2008FleetPride Buys Wyo. Operations of Truck & Industrial Supply Co.
Heavy-duty truck and trailer parts aftermarket distributor FleetPride Inc. said it finalized the acquisition of certain assets of Truck & Industrial Supply Co.
March 18, 2008Housing Starts, Construction Permits Drop in February
Housing starts fell in February and construction permits fell to the lowest level in 16 years, the Commerce Department said Tuesday.
March 18, 2008Navistar Says Military Orders Boosting Business
Navistar International Corp. said Tuesday its first-quarter results reflect “soft market” as shipments of trucks and buses fell 37% from a year ago, but said military orders were increasing.
March 18, 2008Trucking Gains in Stock Surge
Trucking stocks rose Tuesday along with the Dow Jones industrial average, which soared 420 points, its biggest one-day point gain in more than five years, the Associated Press reported.
March 18, 2008Forward Air Corp. Completes Acquisition
Forward Air Corp. said Tuesday it closed a deal, first announced last week, to buy transportation firm Pinch Holdings and a related company, AFTCO Enterprises, for an undisclosed sum.
March 18, 2008NTSB Says Weight Was on Weak Points of Minneapolis I-35W Bridge
More than 191 tons of construction material was piled over the weakest areas of the Interstate 35W bridge in Minneapolis shortly before it collapsed into the Mississippi River last August, according to an ongoing federal investigation, the Associated Press reported Tuesday.
March 18, 2008Industrial Production Falls 0.5% in February
U.S. industrial production fell 0.5% in February, the first decline in four months, the Federal Reserve said Monday.
March 17, 2008