Diesel Continues to Rise, Gaining 2.1¢ to $3.534 a Gallon
Diesel’s national average price rose 2.1 cents to $3.534 a gallon, its 11th straight weekly increase, while gasoline also edged higher, the Department of Energy said.
February 15, 2011Retail Sales Rise for Seventh Month
Retail sales rose 0.3% in January, the seventh straight increase, the Commerce Department said Tuesday.
February 15, 2011Business Inventories Rise 0.8%
Business inventories rose 0.8% in December, the Commerce Department said Tuesday.
February 15, 2011New York Manufacturing Index Expands
Manufacturing activity in the New York region expanded at a faster rate in February than January, the Federal Reserve Bank of New York said Tuesday.
February 15, 2011January Import Prices Rise 1.5%
The price of goods imported to the United States rose 1.5% in January, the Labor Department said Tuesday.
February 15, 2011Forward Air’s 4Q Income Almost Doubles
Forward Air Corp. said late Monday its fourth-quarter net income almost doubled, to $11.8 million, or 41 cents per share, from $6.3 million, or 22 cents, a year earlier.
February 14, 2011DOT’s Proposed $129 Billion Budget Is Part of Six-Year Transportation Plan
President Obama’s proposed $129 billion Department of Transportation budget is for the first year of a comprehensive six-year transportation plan that will lay a new foundation for economic growth and competitiveness by rebuilding the nation’s transportation systems, DOT said Monday.
February 14, 2011Canada Sets 2% Biodiesel Mandate
Diesel fuel and home heating oil will be required to contain at least 2% biofuel content beginning July 1, the Canadian Broadcasting Corp. reported.
February 14, 2011Wright Express Reports Higher 4Q Profit
Wright Express Corp.’s fourth-quarter profit grew to $18.6 million, or 47 cents per share, compared with $12.1 million, or 31 cents, a year ealier.
February 14, 2011Qualcomm Buys Fleet Management Software Firm
Qualcomm Inc. said it has acquired Sylectus, a provider of fleet management software for small fleets.
February 14, 2011