The U.S. economy improved modestly from October through mid-November as consumer spending rose in most areas and transportation activity showed some signs of improvement, the Federal Reserve said.
December 2, 2009Search
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UTi Worldwide鈥檚 3Q Profit Falls
Air and freight forwarder UTi Worldwide reported a decline in net income and revenue for its fiscal third quarter.
December 3, 2009U.S. Worker Productivity Jumps to 8.1% Rate
U.S. workers鈥 productivity surged in the third quarter to an annual rate of 8.1%, increasing at the fastest in six years, the Labor Department said Thursday.
December 3, 2009Former ATA Chair Shorty Whittington Attends White House 鈥楯obs Summit鈥
American Trucking Associations Immediate Past Chairman Charles 鈥淪horty鈥 Whittington is attending the White House鈥檚 economic forum Thursday, which is being billed as a 鈥渏obs summit.鈥
December 3, 2009Cummins Cutting 400 Jobs at Truck Engine Plant
Cummins Inc. plans to temporarily cut about 400 jobs at a plant in western New York state starting in January because of expected lower demand for the heavy-duty engines produced there, Bloomberg reported.
December 3, 2009Navistar Sets Venture to Build Electric Trucks
Navistar International Corp. said Wednesday that one of its affiliates will create a joint venture with U.K.-based Modec Ltd. to build Class 2 and 3 all-electric commercial trucks in the United States for sale to North, Central and South American markets.
December 2, 2009October Construction Spending Unchanged, Commerce Says
U.S. construction spending was unchanged in October following five straight declines, the Commerce Department said Tuesday.
December 1, 2009ISM Manufacturing Index Slips in November
An index of U.S. manufacturing activity fell in November, the Institute for Supply Management said Tuesday.
December 1, 2009Colo., N.C. Set Text-While-Driving Bans
Colorado and North Carolina have joined what is now nearly two dozen states banning texting while driving.
December 1, 2009Bill Calls for Study of Cargo Tank Rollovers
A provision in the hazmat safety bill pending passage by the full House instructs the Department of Transportation to issue a report summarizing the agency鈥檚 research and its efforts to address the growing problem of cargo tank truck rollovers.
December 1, 2009