Pacer Appoints New Intermodal Exec.
Logistics firm Pacer International has appointed Val Noel to oversee its intermodal operations temporarily after one of the company’s executives leaves in July.
June 4, 2010Unemployment Falls to 9.7%
The U.S. economy added 431,000 new jobs and the unemployment rate fell to 9.7% in May from 9.9% in April, the Labor Department said Friday.
June 4, 2010Trailer Manufacturers Group Names New President
The Truck Trailer Manufacturers Association named Jeff Sims to succeed Richard Bowling as the group’s president, effective July 1.
June 4, 2010Intermodal Traffic Rises for Week
Intermodal rail traffic rose last week to its highest level since November 2008, the Association of American Railroads said Thursday.
June 4, 2010Factory Orders Improve 1.2% in April
U.S. factory orders rose 1.2% in April, the eighth straight gain, the Commerce Department said Thursday.
June 3, 2010ISM Services Index Unchanged in May
An index of the U.S. economy’s service sector was unchanged in May, the Institute for Supply Management said Thursday.
June 3, 2010U.S. Productivity Rate Adjusted Downward
U.S. workers’ productivity rose at a 2.8% annual rate in the first quarter, lower than originally reported, the Labor Department said Thursday.
June 3, 2010Initial Jobless Claims Fall for Week
Initial jobless claims fell by 10,000 last week, the Labor Department said Thursday.
June 3, 2010Auto Sales Rise in May
General Motors Co. and Ford Motor Co. posted sales increases in May as customers bought more sport utility vehicles, Bloomberg reported Wednesday
June 2, 2010Navistar Launches eStar Electric Truck
Navistar Inc. has introduced its first all-electric delivery van, a medium-duty model with a range of up to 100 miles that can be recharged in six to eight hours.
June 2, 2010