Consumer Confidence Highest Since September
U.S. consumer confidence has improved to the highest level since September, according to the Reuters/University of Michigan monthly consumer sentiment index released Friday.
May 29, 2009Chicago Factory Index Shows Continued Contraction
Manufacturing activity in the Chicago declined in April, showing contraction for a seventh straight month, the Institute for Supply Chain Management-Chicago said Friday.
May 29, 2009E&MU: California Reefer Rule Sparks Retrofits
Truckers who pull refrigerated trailers into and around California have less than two months to prep for a rule that requires the small diesel engines that power older reefers to meet a state emission standard.
May 29, 2009Intelligrated to Buy Logistex North America
Intelligrated Inc. said Thursday it will acquire the U.S. operations FKI Logistex Holdings for $40 million in a cash deal with Melrose PLC, a British turnaround specialized, the Associated Press reported.
May 29, 2009NAFTA Surface Trade Falls 27.9%
Surface transportation trade among the United States, Canada and Mexico fell 27.9% in March from a year earlier, the third consecutive month of decline greater than 27%, the Department of Transportation said Thursday.
May 28, 2009New Home Sales Rise 0.3%
New home sales increased 0.3% in April, the Commerce Department said Thursday.
May 28, 2009Durable Goods Orders See Biggest Rise in 16 Months
Durable goods orders rose 1.9% April, the largest gain in more than a year, the Commerce Department said Thursday.
May 28, 2009Diesel Rises 4.3¢ to $2.274 a Gallon
Diesel fuel’s average price rose 4.3 cents, its third consecutive increase, to a four-month high of $2.274 a gallon, while gasoline jumped 12.6 cents, the Department of Energy said.
May 27, 2009Senate Bill Would Ban Tolls on National Highway System
Legislation introduced by Sen. Kay Bailey Hutchison (R-Texas) would ban the tolls on the National Highway System.
May 27, 2009N.H. Gov. Plans to Veto Gas Tax Increase
New Hampshire Gov. John Lynch (D) said he would veto the state’s budget if it includes a 15-cent fuel tax passed by the House and under consideration in the Senate, the Associated Press reported.
May 26, 2009