Stoughton Parent Acquires Barrett Trailers
STI Holdings Inc., the parent company of Stoughton Trailers, said it has acquired Barrett Trailers, a maker of trailers to haul cattle and hogs.
July 2, 2014UPS Plans to Invest $1 Billion in European Operations
UPS Inc. plans to invest $1 billion in its European operations in the next three to five years, chief financial officer Kurt Kuehn told a German newspaper, Reuters reported.
July 2, 2014Roadrunner Appoints Three New Segment Presidents
Roadrunner Transportation Systems Inc. said it appointed three new segment presidents, completing its previously announced reorganization.
July 2, 2014Factories Sustain Gains as Growth Picks Up
American factories, propelled by the strongest orders of the year, sustained gains in June and are poised to be part of the rebound in economic growth.
July 2, 2014Holiday Driving to Rise to Highest Level Since 2007, AAA Says
The number of Americans driving during the Independence Day holiday will rise to the highest level since 2007, according to AAA.
July 2, 2014Companies Add Most Workers Since 2012, ADP Says
Employment at companies climbed in June by the most since November 2012, a sign the U.S. job market is strengthening along with demand, a private payrolls report showed.
July 2, 2014Obama Calls on Congress to Address Highway Trust Fund Crisis
President Obama chided Congress July 1 for not addressing the crisis in the Highway Trust fund, saying that further inaction could close down highway projects and endanger tens of thousands of jobs.
July 1, 2014Trust Fund Crisis Means States Receive Partial, Delayed Reimbursements
Transportation Secretary Anthony Foxx has notified state transportation officials that as of Aug. 1 the federal government no longer will be making same-day payments to reimburse states for completed road work.
July 1, 2014Construction Spending Rises Little in May
Construction spending rose 0.1% in May, the Commerce Department reported July 1.
July 1, 2014Growth at Factories Held in June Near Fastest Pace of Year
Growth at U.S. factories held in June near the fastest pace of the year, a sign that manufacturing helped boost the economy in the second quarter.
July 1, 2014