Oshkosh Forecasts Third-Quarter Loss
Specialty truck manufacturer Oshkosh Corp. said Thursday it expects to take a fiscal third-quarter loss, due to lower sales and a $175 million charge.
June 26, 2008Jobless Claims Unchanged for Week
Initial jobless claims were unchanged last week from a week earlier, the Labor Department said Thursday.
June 26, 2008Oil Jumps Past $137 a Barrel
Crude oil prices jumped $3 Thursday to more than $137 a barrel on concerns that Libya may cut production and that European interest rates could push prices higher, Bloomberg reported.
June 26, 2008Fed Holds Key Interest Rate at 2%
The Federal Reserve Wednesday voted to keep a key U.S. interest rate at 2%.
June 25, 2008Letters to the Editor: Fuel Price Crises, Drug Clearinghouse, Fighting Back, Authority
With sightings of $5 diesel looming in some states, the fuel surcharge is a necessary ingredient to help offset the weekly fuel cost increases.
June 25, 2008FedEx Opens Two West Coast Gateways
FedEx Trade Networks said Wednesday it has opened two new gateways on the West Coast to support its ocean-ground distribution service.
June 25, 2008JHT Holdings Files for Bankruptcy
Trucking company JHT Holdings filed for bankruptcy Tuesday, citing reduced revenue in the past year as truck sales declined, Bloomberg reported.
June 25, 2008New Home Sales Drop 2.5%
New home sales fell 2.5% in May, the Commerce Department said Wednesday.
June 25, 2008Durable Goods Orders Unchanged in May
Durable goods orders were unchanged in May, the Commerce Department said Wednesday.
June 25, 2008ATA Calls for Reliable Oil Supply
An American Trucking Associations official urged Congress and the Bush administration to implement a comprehensive plan to increase domestic oil supplies and ensure an affordable supply of oil for the nation’s 3.5 million truck drivers.
June 25, 2008