Trucking Adds 400 Jobs; Unemployment Little Changed at 7.3%
The number of trucking jobs in the United States increased in October from September as the overall unemployment rate was little changed at 7.3%, the Labor Department reported Nov. 8.
November 8, 2013Clean Energy Reports Third-Quarter Loss as Deliveries Rise
Clean Energy Fuels Corp. reported a third-quarter loss, and its revenue declined while natural-gas deliveries increased 17%.
November 8, 2013Intermodal Rail Volume Rises to Highest Level on Record
The weekly average intermodal rail volume for October rose to the highest level on record, the Association of American Railroads reported.
November 8, 2013Visteon’s Third-Quarter Profit Rises
Vehicle parts manufacturer Visteon Corp. posted a third-quarter profit and a rise in revenue from the same time last year.
November 8, 2013Consumer Spending Rises Slightly in September
Consumer spending increased slightly in September as households banked money ahead of the partial government shutdown, the Commerce Department reported Nov.8.
November 8, 2013Cooper Blames Apollo Tyres in Court for Delay in $2.5 Billion Buyout
Cooper Tire and Rubber Co. testified in court it could have expedited its $2.5 billion buyout by Apollo Tyres if it had been allowed to take part in union negotiations, Bloomberg News reported.
November 7, 2013S.C. Ports to Begin Clean Truck Certification Program
The South Carolina Ports Authority said it will begin a Clean Truck Certification program Jan. 1, requiring trucks to have engines manufactured in 1994 or later.
November 7, 2013Nafta Surface Trade Rises 2.5% in August
Surface trade among the United States, Canada and Mexico grew 2.5% in August from the same month last year, the Department of Transportation reported.
November 7, 2013CFTC Proposes Rule Aimed at Limiting Oil Speculation Among Traders
Oil traders would be limited in the number of positions they can hold under a proposed rule approved Nov. 5 by the Commodity Futures Trading Commission.
November 7, 2013YRC Delays Earnings, Plans Teamsters Contract Extension Talks
YRC Worldwide Inc. delayed its scheduled Nov. 7 third-quarter earnings announcement until Nov. 12 to provide more time for contract modification talks with the Teamsters as lenders press the less-than-truckload carrier to lower its costs.
November 7, 2013