The December U.S. trade deficit fell to the smallest level in almost six years, the Commerce Department said Wednesday.
February 11, 2009Search
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Retail Sales Rise 1% in January
Retail sales rose 1% in January, halting a six-month slide, the Commerce Department said Thursday.
February 12, 2009Business Inventories See Largest Decline Since 2001
Business inventories fell 1.3% in December, the fourth consecutive month of decline and the largest drop since 2001, the Commerce Department said Thursday.
February 12, 2009Oil Drops Below $34 a Barrel
Oil prices fell to near a five-year low Thursday, dropping almost $2 to below $34 a barrel as inventories rose to a seven-year high, Bloomberg reported.
February 12, 2009Wholesale Inventories Fall 1.4%
Wholesale inventories fell 1.4% in December, the Commerce Department said Tuesday.
February 10, 2009Pacer Reports Loss for 4Q, Year
Transportation and third-party logistics firm Pacer International said late Wednesday it took a fourth-quarter loss of $65.1 million, or $1.87 a share, compared with a profit of $20.6 million, or 59 cents, a year earlier.
February 11, 2009DOT Freight Transportation Index Falls 3%
The Department of Transportation’s freight transportation services index declined 3% in December from a year earlier, DOT said Wednesday.
February 11, 2009UPS, Postal Service Set Retail-Return Partnership
UPS Inc. said Tuesday it is partnering with the U.S. Postal Service for a new retail-return service in which consumers can send returns by UPS via their own mailboxes.
February 10, 2009Vitran Reports Fourth-Quarter Loss
Vitran Corp. said Tuesday it lost $ $3.2 million, or 23 cents a share, compared with a profit of $1.7 million, or 12 cents, a year earlier.
February 10, 2009Forward Air’s 4Q Income Drops
Forward Air Corp. said Tuesday its fourth-quarter earnings fell 33% to $8.3 million, or 29 cents a share, from $12.4 million, or 43 cents, a year ago.
February 10, 2009