Rail freight improved but intermodal traffic declined last week compared with a year ago, the Association of American Railroads said Thursday.
July 17, 2008Search
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Jobless Claims Increase for Week by 18,000
Initial jobless claims fell by 18,000 last week, the Labor Department said Thursday.
July 17, 2008Philadelphia Manufacturing Index Declines
Manufacturing levels in the Philadelphia region showed contraction in July for the eighth straight month, the Federal Reserve Bank of Philadelphia said Thursday.
July 17, 2008Oil Closes Week Below $129 a Barrel
Oil plunged more than $15 this week, finishing Friday’s trading below $129 a barrel, Bloomberg reported.
July 18, 2008Housing Starts Jump 9.1%; Single-Family °®¶¹´«Ã½ Starts Lag
New housing starts surged in June led by more multifamily construction, but single-family home starts fell, the Commerce Department said Thursday.
July 17, 2008VW Gains Final Approval for Scania Deal
Volkswagen AG said Thursday it has received final approval to gain a majority stake in Swedish truck maker Scania AB, which it plans to do next week, the Associated Press reported.
July 17, 2008USA Truck’s 2Q Earnings Improve
Truckload carrier USA Truck’s second-quarter profit rose to $2.1 million, or 21 cents per share, from $1.6 million, or 15 cents, a year ago.
July 17, 2008Werner’s 2Q Income Declines
Truckload carrier Werner Enterprises’ second-quarter net income fell to $18.1 million, or 25 cents a share, from $22.3 million, or 30 cents, a year earlier.
July 18, 2008Sterling to Cut Shift, Lay Off 720 Workers at Ontario Plant
Sterling Trucks plans to eliminate one of two shifts and lay off 720 workers in Ontario in November, the Canadian Press reported Thursday.
July 18, 2008Industrial Production Gains 0.5%
Industrial production rose 0.5% in June, the Federal Reserve said Wednesday.
July 16, 2008