Business Inventories Gain 0.4%
Business inventories rose 0.4% in September, while sales increased 0.6%, the Commerce Department said Wednesday.
November 14, 2007Bush Nominates New PHMSA Head
President Bush has nominated Carl Johnson to head the Pipeline and Hazardous Materials Safety Administration, Bloomberg News reported.
November 14, 2007Trailer Bridge's 3Q Earnings Fall
Trailer Bridge Inc. said Wednesday it earned $364,813 or 3 cents a share in the third quarter, compared with $1.9 million or 16 cents a year ago.
November 14, 2007Retail Sales Rise 0.2% in October
Retail sales rose 0.2% in October, the Commerce Department said Wednesday.
November 14, 2007Diesel Soars 12.2 cents to Record High of $3.425
For the second straight week, the price of diesel fuel reached a new all-time record, jumping 12.2 cents to $3.425, the Department of Energy said Tuesday.
November 13, 2007Legislators Drop Amendment to Block I-80 Tolls
An amendment that would have blocked tolling on Interstate 80 in Pennsylvania was dropped from the 2008 federal transportation appropriations legislation, said the congressmen who introduced the measure
November 13, 2007AirIQ Posts 3Q Loss
Canadian technology firm AirIq Inc., which provides wireless location services to the trucking industry, said it lost C$3.4 million, or 2 Canadian cents per share, in the third quarter, compared with a loss of C$1.2 million, or 1 Canadian cent, a year earlier.
November 13, 2007US 1 Industries’ Income Rises
Logistics firm US 1 Industries’ third-quarter income rose to $789,060 or 6 cents a share, from $706,327 or 6 cents a year ago.
November 13, 2007Daimler Truck Group Launches Clean Truck Initiative
Daimler Truck Group, the commercial vehicle arm of Germany’s Daimler AG, on Monday announced a new clean commercial vehicles initiative, under which the company will manufacture more hybrid electric trucks and test the effectiveness of biofuels.
November 13, 2007Navistar Taps Sharp to Head IT
Navistar International Corp., Warrenville, Ill., the parent of International Truck and Engine, said it has appointed Don Sharp its new chief information officer.
November 13, 2007