Fed Minutes Highlight Credit Market Concerns, Slower Growth Prospects
Federal Reserve officials lowered their growth forecast and said that they remain concerned about the credit market during their Oct. 30-31 meeting, Bloomberg News reported.
November 20, 2007McLeod Software Adds Asset Program
McLeod Software said it added a new program to allow customers to manage assets from any computer.
November 20, 2007Lawson Gets Global Container Terminals Business
Lawson Software, St. Paul, Minn., announced Monday that container terminal operator Global Container Terminals has licensed the Lawson S3 Enterprise Performance Management and Enterprise Financial Management software suites.
November 20, 2007I-10 Gas Fire Sparks Extended Delays in Louisiana
The head of the Louisiana state trucking association said that shippers and freight transporters should expect major delays after a part of Interstate 10 was closed in the wake of a natural gas fire.
November 19, 2007NITL President Ficker Resigns
John Ficker, president of the National Industrial Transportation League, will step down at the end of November, NITL said Monday.
November 19, 2007Alcoa Delivers Aluminum Truck Bodies to SIP-WELL
Aluminum manufacturer Alcoa, Pittsburgh, Pa., said Monday that its Alcoa Auto and Truck Structures business in Hungary delivered a aluminum truck bodies to SIP-WELL, a company that delivers water coolers and water to homes and offices.
November 19, 2007Diesel Slips 1.5 Cents to $3.410
Diesel prices on Monday edged back from record levels, falling 1.5 cents to $3.410 a gallon, the Department of Energy reported.
November 19, 2007U.S. Shipments to Mexico, Canada Hit Record in 2006
The value of U.S. Freight Shipments to Canada and Mexico in 2006 rose to a record $866 billion from $790 billion in 2005, the Department of Transportation’s Bureau of Transportation Statistics said Monday.
November 19, 2007Fenway Partners Acquires Consolidated Fastfrate
Private Equity firm Fenway Partners, New York, N.Y., said Monday it acquired Canadian transportation firm Consolidated Fastfrate.
November 19, 2007Diesel Jumps to $3.425
U.S. diesel fuel prices rose another 12.2 cents last week to $3.425 a gallon, the second consecutive record high and the eighth increase in the past nine weeks, the Department of Energy said.
November 19, 2007