Oil Falls Below $105 a Barrel
Oil fell more than $2 to below $105 a barrel Thursday, the lowest level in more than two weeks, Bloomberg reported.
March 22, 2012UTi Worldwide’s 4Q Profit Declines
Air and freight forwarder UTi Worldwide said its fiscal fourth-quarter net income slipped to $12.4 million, or 12 cents a share, from $14.5 million, or 14 cents, a year earlier.
March 22, 2012Leading Indicators Rise in February
An index of leading economic indicators rose in February by the most in 11 months, the New York-based Conference Board said Thursday.
March 22, 2012FedEx Corp.’s 3Q Profit Improves
FedEx Corp. said Thursday its third-quarter net income more than doubled, to $521 million, or $1.65 per share, from $231 million, or 73 cents, a year ago.
March 22, 2012Jobless Claims Fall to Four-Year Low
Initial jobless claims declined by 5,000 last week to the lowest level in four years, the Labor Department said Thursday.
March 22, 2012Cummins Kicks Off Natural Gas Theme at MATS With New Engine
LOUISVILLE, Ky. — Engine maker Cummins Inc. told reporters here that the company is moving forward with spark-ignition natural gas engines with a heavy-duty 12-liter engine now, and a 15-liter model in two or three years.
March 22, 2012Kenworth, Peterbilt Unveil New Sleepers, Day Cabs
LOUISVILLE, Ky. — Kenworth Truck Co. and Peterbilt Motors Co. showed off their new heavy-duty trucks here on Wednesday, which they described as premium but competitive tractors.
March 21, 2012NAFTA Surface Trade Rose 14.3% Last Year
Surface transportation trade among the United States, Canada and Mexico rose 14.3% last year from 2010, the Department of Transportation said Wednesday.
March 21, 2012Giant Container Ship Docks at Port of Long Beach
The largest container ship ever to dock in North America arrived at the Port of Long Beach on Friday, the port said.
March 21, 2012Meritor Affirms 2012 Earnings Guidance
Truck components maker Meritor Inc. reaffirmed its earnings guidance for fiscal year 2012, and said its next quarter would improve incrementally from its most recent.
March 21, 2012