Chicago Manufacturing Index Gains
Manufacturing activity in the Chicago region rose in September, the National Association of Purchasing Management said Friday.
September 28, 2007CN Buys Midwest Rail Line
Canadian National Railway Co. has agreed to buy most of the Elgin, Joliet & Eastern Railway Co. from U.S. Steel Corp. for $300 million to add capacity and bypass Chicago-area congestion, Bloomberg reported.
September 27, 2007GM, UAW Reach Accord to End Strike
The United Auto Workers and General Motors Corp. reached a tentative contract early Wednesday to end the union’s two-day national strike, the Associated Press reported.
September 26, 2007Existing Home Sales Drop to 5-Year Low
Existing homes sales fell in August to a five-year low, the National Association of Realtors said Tuesday.
September 25, 2007GM Talks Resume; Two Canadian Plants Close
A United Auto Workers strike against General Motors Corp. lasting longer than a week or two could cost GM billions, and two Canadian plants have been idled as a result of the strike, news services reported Tuesday.
September 25, 2007SoCal Ports to Mandate TruckTag Use
PierPass Inc., which operates the off-peak program at Southern California ports, said the container terminals at the Ports of Los Angeles and Long Beach will require trucks to be equipped with TruckTags in order to gain access to the terminals, starting Dec. 1.
September 24, 2007Dynamex Reports Higher 4Q Earnings
Logistics and delivery firm Dynamex Inc. said late Wednesday its fiscal fourth-quarter profit rose to $4.1 million or 38 cents a share, from $3.3 million or 31 cents a year earlier.
September 20, 2007Sleep Apnea Program Cuts Costs for Health Care, Schneider Says
Truckload carrier Schneider National said a sleep apnea screening and treatment program managed by an outside vendor has improved safety and driver productivity while lowering health-care costs.
September 19, 2007Report Cites Congestion Problems Nationwide
Drivers waste nearly an entire work week each year sitting in traffic on the way to and from their jobs, according to a national study released Tuesday, the Associated Press reported.
September 18, 2007Diesel Jumps 4¢ to $2.964; Gas Falls 3.1¢ to $2.787
Diesel fuel’s national average price jumped 4 cents from last week to $2.964 a gallon, the Energy Department said Monday.
September 18, 2007