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Industrial Production Falls 0.5%

Industrial production fell 0.5% in October, the most since January, the Federal Reserve said Friday.

November 16, 2007

CFI Raises Driver Pay

Contract Freighters Inc., Joplin, Mo., said it will raise pay for all drivers by 1 cent per mile.

November 16, 2007

Transportation Spending Bill Clears House

The House of Representatives has approved a transportation spending bill that would bar Mexican trucks from operating in the U.S., Bloomberg News reported.

November 15, 2007

Hub Group Announces $75 Million Stock Buyback

Logistics firm Hub Group, Downer’s Grove, Ill., said Thursday it has authorized a $75 million stock buyback.

November 15, 2007

N.Y. State Manufacturing Index Slips

Manufacturing growth in New York state dipped in October, the Federal Reserve Bank of New York said Thursday.

November 15, 2007

Philadelphia Factory Index Rises

Manufacturing levels strengthened in the Philadelphia area this month, the Federal Reserve Bank of Philadelphia said Thursday.

November 15, 2007

Initial Jobless Claims Rise by 20,000

Initial jobless claims rose by 20,000 last week to 339,000, the Labor Department said Thursday.

November 15, 2007

Appeals Court Strikes Down CAFE Standards for Light Trucks

A federal appeals court ruled that Department of Transportation failed to take into account the value of reducing carbon emissions in setting the rules for 2008-2011 model light trucks and sport utility vehicles, Bloomberg News reported Thursday.

November 15, 2007

DOT Transportation Index Slips in September

The Department of Transportation’s freight transportation services index for September fell 1.6% compared with a year ago, DOT said Wednesday.

November 14, 2007

Business Inventories Gain 0.4%

Business inventories rose 0.4% in September, while sales increased 0.6%, the Commerce Department said Wednesday.

November 14, 2007