Diesel Rises 0.5¢ to $4.132; Gasoline Inches Up 0.4¢
Retail diesel prices in the United States rose 0.5 cent to $4.132 a gallon last week, the Department of Energy reported, for its 10th straight gain.
September 17, 2012Oil Closes Week at Four-Month High $99 a Barrel
Oil rose to a four-month high Friday, closing the trading week at $99 a barrel following the Federal Reserve’s announcement that it will take additional steps to boost the U.S. economy, Bloomberg reported.
September 14, 2012Werner Says 3Q Profit to Lag Estimates
Werner Enterprises said its third-quarter earnings will be between $24.2 million and $26.4 million, lagging behind estimates.
September 14, 2012Consumer Confidence Rises in September
Consumer confidence rose in September, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
September 14, 2012Business Inventories Rise by Most in Six Months
Business inventories rose 0.8% in July, the biggest increase in six months, the Commerce Department said Friday.
September 14, 2012Industrial Production Declines 1.2% in August
Industrial production declined by 1.2% in August, the biggest drop since March 2009, the Federal Reserve said Friday.
September 14, 2012Retail Sales Improve 0.9% in August
Retail sales increased 0.9% in August, the Commerce Department said Friday.
September 14, 2012Consumer Price Index Rises 0.6%
The consumer price index rose in August 0.6%, the most since June 2009, the Labor Department said Friday.
September 14, 2012Intermodal Traffic Gains 3.1% for Week
U.S. intermodal traffic rose 3.1% last week over the same week a year ago, the Association of American Railroads reported.
September 14, 2012Rising Sun Systems Acquires Freight Brokerage Firm
Private holding company Rising Sun Systems said Thursday it has acquired freight broker Network FOB, Naples, Fla., which operates a network of independent freight agents across the U.S. and Canada. Terms were not disclosed.
September 13, 2012