Consumer Confidence Falls to Nine-Month Low
Consumer confidence fell in April to a nine-month low, according to the Thomson Reuters/University of Michigan consumer sentiment index.
April 12, 2013Business Inventories Rise at Slowest Pace in Eight Months
Business inventories rose 0.1% in February, the slowest pace in eight months, the Commerce Department reported.
April 12, 2013Navistar Updates Severe-Service Line
MONTREAL — Navistar International Corp. unveiled updated versions of its International 9900i and PayStar 5900 SBA heavy-haul and severe-service models with the Cummins ISX15 engine using selective catalytic reduction technology.
April 12, 2013Retail Sales Drop by Most in Nine Months
Retail sales dropped 0.4% in March, the largest drop in nine months, the Commerce Department said Friday.
April 12, 2013Producer Price Index Falls in March
Prices paid to U.S. producers fell 0.6% in March, led by a drop in energy costs, the Labor Department reported Thursday.
April 12, 2013Intermodal Traffic Rises 0.2% for Week
U.S. rail intermodal traffic rose 0.2% to 231,648 units last week over the same week a year ago, the Association of American Railroads said.
April 12, 2013J.B. Hunt’s 1Q Income Improves
J.B. Hunt Transport Services said late Thursday its first-quarter net income rose from a year ago as operating income at two of its four business segments rose more than 20%.
April 11, 2013Trucking Ready for Panama Canal Expansion But Cites Infrastructure Concerns
The trucking industry is prepared for projected increases in freight set to come from an expanded Panama Canal, but an industry executive warned a Senate panel of challenges related to congestion and the condition of U.S. infrastructure.
April 11, 2013Import Prices Fall 0.5% in March
The price of goods imported to the United States fell 0.5% in March, led by a decline in petroleum costs, the Labor Department said Thursday.
April 11, 2013NHTSA Cites Widespread Use of Electronic Devices by Auto Drivers
At any given daylight moment, about 660,000 automobile drivers are using a cellphone or manipulating an electronic device, according to the National Highway Traffic Safety Administration.
April 11, 2013