Durable Goods Orders Fall 5.3%
Durable goods orders fell 5.3% in January, the Commerce Department said Wednesday.
February 27, 2008European Truck Sales Surge 23% in January
European heavy-duty truck sales surged 23% in January, led by sales in France and the United Kingdom, as transport firms expanded their fleets and replaced aging vehicles, Bloomberg reported Tuesday.
February 26, 2008Consumer Confidence Falls in February
Consumer confidence declined in February, the New York-based Conference Board said Tuesday.
February 26, 2008Oil Closes at Record $100.88 a Barrel
Oil closed at a record $100.88 a barrel Tuesday, topping last week’s first close of more than $100, Bloomberg reported.
February 26, 2008Schenker Chairman Hagar Resigns
Hans-Jörg Hager, chairman of the board of Schenker Logistics, will step down from his position this year, the company said Tuesday.
February 26, 2008Diesel Jumps 15.6¢ to a Record $3.552 a Gallon
The national average price of diesel fuel jumped 15.6 cents to a record $3.552 a gallon, shattering the previous mark set three months ago by 10.8 cents, the Department of Energy said Monday.
February 26, 2008Trailer Bridge’s Losses Widen in 4Q
Trailer Bridge Inc. said Tuesday it lost $67,334, or 1 cents a share in the fourth quarter of 2007, compared with earnings of $8.9 million or 72 cents in the 2006 fourth quarter.
February 26, 2008DOT Seeks Rail Safety Improvements
The Department of Transportation said it is seeking to reduce common mistakes that result in nearly half of all human factor-caused train accidents.
February 25, 2008Qualcomm Upgrades OmniVision System to Include Roaming, In-Cab Processing
SAN DIEGO — Mobile communications provider Qualcomm Inc. unveiled a host of upgrades and additions for its flagship OmniVision platform here, in-cluding wireless data roaming capabilities, in-cab document processing and support for third-party collision-avoidance systems.
February 25, 2008Existing Home Sales Decline
Existing homes sales fell to the lowest level in nine years in January, the National Association of Realtors said Monday.
February 25, 2008