Oil Holds Under $80 a Barrel
Oil closed below $80 a barrel for a second straight day Thursday, continuing a downward trend this week following reports showing lower retail sales in December and higher jobless claims last week, Bloomberg reported.
January 14, 2010RoadLink Names New President
Intermodal logistics company RoadLink has named Michael Shelton as its new president, the company said Thursday.
January 14, 2010Retail Sales Slip 0.3% in December
Retail sales fell 0.3% in December, though November’s sales were revised upward, the Commerce Department said Thursday.
January 14, 2010Business Inventories Rise 0.4%
Business inventories rose in November, the second consecutive increase, the Commerce Department said Thursday.
January 14, 2010Import Prices Unchanged in December
The price of goods imported to the United States did not change between November and December after four months of increases, the Labor Department said Thursday.
January 14, 2010Jobless Claims Rise 11,000 for Week
Initial jobless claims rose by 11,000 last week, the Labor Department said Thursday.
January 14, 2010Transport Activity Improving Slightly, Fed Says
The U.S. economy continued to improve modestly from mid-November to early January and conditions have improved for transportation, but economic activity remained low, the Federal Reserve said Wednesday.
January 13, 2010DOT Freight Index Slips in November
The Department of Transportation’s freight transportation services index for November fell 6.8% from a year ago but showed a slight increase from October.
January 13, 2010Cat Lift Trucks Adds Products For 2010
Cat Lift Trucks said that it has added five new electric counterbalanced and internal combustion pneumatic lift truck families to its current product lineup in the United States, Canada and Mexico.
January 13, 2010Navistar Picks New Vendor to Transport Vehicles
Navistar Inc. has shifted the vehicle delivery contract for its Springfield, Ohio, plant to Truck Movers.com after a contract with Auto Truck Transport, another haulaway carrier, expired, a Navistar spokesman said.
January 13, 2010