Oil Finishes Week Near $106 a Barrel
Oil rose $1 Friday to finish the week near $106 a barrel on speculation that U.S. inventories will continue to fall, following the largest two-week drop in at least three decades, Bloomberg News reported.
July 12, 2013UPS Cuts Full-Year Earnings Forecast
UPS Inc. said Friday it is reducing its full-year earnings forecast, citing a slowing U.S. economy.
July 12, 2013Napolitano Stepping Down as DHS Chief
Janet Napolitano is resigning from her position leading the Department of Homeland Security, the Associated Press reported Friday.
July 12, 2013Daimler Trucks’ 2Q Earnings Slip, Revenue Rises
Daimler AG said Friday said in a preliminary second-quarter earnings statement that earnings at its Daimler Trucks unit declined from a year ago, while revenue rose.
July 12, 2013Consumer Confidence Declines in July
Consumer confidence fell in July, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
July 12, 2013Producer Price Index Rises in June
Prices paid to U.S. producers rose 0.8% in June, the Labor Department reported Friday.
July 12, 2013Weekly Intermodal Traffic Increases 1.1%
Weekly intermodal volume increased by 1.1% for the week ended Saturday from a year ago, the Association of American Railroads reported.
July 12, 2013Driver Turnover Rate Rises in First Quarter
Driver turnover at large and small truckload and less-than-truckload carriers rose in the first quarter on an improving economy, American Trucking Associations said.
July 11, 2013United Vision Logistics Restructures
Heavy-haul and hazardous-materials carrier United Vision Logistics said it has reorganized its ownership.
July 11, 2013Import Prices Decline for Fourth Straight Month
The price of goods imported to the United States declined in June for the fourth straight month, the Labor Department said Thursday.
July 11, 2013