Construction Spending Climbs to Almost Three-Year High
Construction spending rose in June to the highest level in almost three years, the Commerce Department said Wednesday.
August 1, 2012Caterpillar Completes $750 Million Sale of Logistics Unit
Caterpillar Inc. said Wednesday it has completed the $750 million sale of the majority stake in its third-party logistics business to Platinum Equity.
August 1, 2012Meritor’s 3Q Operating Income Improves
Meritor Inc.’s fiscal third-quarter operating profit improved, the truck and auto components maker said Wednesday.
August 1, 2012Wabash National Posts 2Q Profit as Trailer Shipments Rise
Wabash National Corp.’s second-quarter income slipped from a year ago on acquisition costs, but the company’s trailer sales rose.
August 1, 2012ISM Manufacturing Index Contracts for Second Month
U.S. manufacturing activity improved slightly in July but showed contraction for a second straight month, the Institute for Supply Management said Wednesday.
August 1, 2012Con-way’s 2Q Profit Jumps, Led by LTL Freight Unit
Con-way Inc.’s second-quarter profit rose, led by a big gain at its less-than-truckload unit, the company reported.
July 31, 2012Provision in New Transportation Law Frees Up to $17 Billion for Project Loans
The Obama administration is making up to $17 billion available for transportation infrastructure project loans, thanks to a provision in the new transportation law, the Department of Transportation announced.
July 31, 2012NAFTA Surface Trade Rises 8.3% in May
Surface trade among the United States, Canada and Mexico rose 8.3% in May from a year ago, the Department of Transportation reported.
July 31, 2012Arkansas Best’s 2Q Income More Than Doubles
Arkansas Best Corp.’s second-quarter profit more than doubled, the company said Tuesday.
July 31, 2012Cummins’ 2Q Income Dips; Heavy-Duty Engine Sales Improve
Cummins Inc. said Tuesday its second-quarter profit slipped from a year ago but its heavy-duty truck engine sales improved.
July 31, 2012