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Consumer Sentiment Index Rises

U.S. consumer confidence rose this month following, according to the University of Michigan’s monthly consumer sentiment index released Friday.

May 18, 2007

Philadelphia Factory Index Gains

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

May 17, 2007

Citi Enters Fleet Financing Business

Citigroup Inc.’s commercial business unit said it is entering the transportation fleet financing business.

May 18, 2007

McLeod Updates Software Package

McLeod Software, said Thursday it added several features to its LoadMaster transportation management package.

May 21, 2007

Truckers Sue Wal-Mart

A federal judge in Arkansas granted class-action status to truck drivers accusing Wal-Mart Stores of using racially discriminatory practices in hiring over-the-road drivers, the Arkansas Democrat-Gazette reported Thursday.

May 17, 2007

April Economic Indicators Decline

An index of leading economic indicators fell in April, the New York-based Conference Board said Thursday.

May 17, 2007

CP Workers Begin Strike

About 3,200 track workers for Canadian Pacific Railway went on strike Wednesday, slowing down trucks picking up containers stored at rail terminals, Canada’s Globe and Mail reported.

May 17, 2007

Oil Closes Week Near $65 a Barrel

Crude oil futures for a second day closed just short of $65 a barrel on Friday, following a jump of more than $2 on Thursday, Bloomberg reported.

May 18, 2007

Kitty Hawk Posts 1Q Loss

Air cargo transporter Kitty Hawk Inc. said it lost $11.6 million or 22 cents a share in the first quarter, compared with a loss of $8.7 million or 17 cents a year ago.

May 16, 2007

Real ID Rule Would Hurt Trucking, ATA Says

American Trucking Associations said a draft rule issued by the Department of °®¶¹´«Ã½land Security making state and commercial driver licenses subject to more stringent security checks would further co

May 16, 2007