Retail Sales Decline 0.6% in February
Retail sales fell 0.6% in February, the Commerce Department said Thursday.
March 13, 2008Import Prices Rise 0.2%
The price of goods imported to the United States rose 0.2% last month, the Labor Department said Thursday.
March 13, 2008Jobless Rolls Hit Two-and-a-Half-Year High
Initial jobless claims were unchanged last week but the number of people on jobless rolls hit a two-and-a-half-year high, the Labor Department said Thursday.
March 13, 2008DOT’s Freight Transport Index Rises
The Department of Transportation’s freight transportation services index for January rose 2.7% from a year earlier, DOT said Wednesday.
March 12, 2008Volvo, UAW Reach Tentative Pact to End Va. Plant Strike
Volvo Trucks North America said late Monday that the company and the United Auto Workers reached tentative agreement on a three-year contract for the truck maker’s plant in Virginia that would end a six-week strike there by the UAW.
March 12, 2008Pilgrim’s Pride to Close Warehouses, Cut 1,100 Jobs
Pilgrim’s Pride Corp., the world’s biggest poultry processor, said it will close a U.S. chicken-processing plant, six distribution centers and cut 1,100 jobs.
March 12, 2008UPS Says Slowdown May Crimp 1Q Earnings
UPS Inc. executives told Wall Street analysts and investors the company is poised for long-term growth, but that it may have difficulty achieving its first-quarter earnings guidance due to a slowing economy.
March 12, 2008Senators Question DOT on Mexican Trucks Program
Senators and Bush administration officials clashed at a hearing Tuesday about the legality the Department of Transportation’s pilot program allowing Mexican trucks into the United States, the Los Angeles Times reported.
March 12, 2008NAFTA Truck Trade Rises for 2007
Surface trade among the United States, Canada and Mexico rose 4.9% last year compared with 2006, the Department of Transportation said Tuesday.
March 11, 2008DOE Boosts Fuel-Price Forecast
The Department of Energy sharply boosted its projection for diesel prices, saying it will average $3.45 a gallon this year — 57 cents above last year’s average — and $3.70 in March and April.
March 11, 2008