Initial Jobless Claims Fall for Week
Initial jobless claims fell by 22,000 last week, the Labor Department said Thursday.
February 28, 2013XPO Logistics Reports 4Q Loss
XPO Logistics reported a fourth-quarter loss, citing “investments in long-term growth.”
February 27, 2013Oil Holds Under $93, Near Lowest Price of Year
Oil rose slightly Wednesday from its lowest price this year to finish the trading day at just under $93 a barrel, following a Department of Energy report that said supplies rose last week, Bloomberg News reported.
February 27, 2013YRC, Clean Energy Set Partnership in LNG Pilot Project
YRC Freight said it has completed an agreement with Clean Energy Fuels Corp. to purchase four liquefied natural gas trucks to operate in Southern California.
February 27, 2013Barber Appointed President of UPS International
UPS Inc. said Jim Barber will become president of UPS International, succeeding Dan Brutto, who will retire at the end of April.
February 27, 2013Eaton Boosting Dividend by 11%
Eaton Corp. said Wednesday its board has approved an 11% increase in its quarterly cash dividend.
February 27, 2013Durable Goods Orders Decline but Rise Excluding Transportation Orders
Durable goods fell in January but rose by the most in a year excluding transportation orders, the Commerce Department reported Wednesday.
February 27, 2013Ritchie Bros. Reports Lower 4Q, Higher Full-Year Income
Ritchie Bros. Auctioneers said its fourth-quarter profit slipped from a year ago to $22.1 million, or 21 cents per share, from $26.8 million, or 25 cents, a year ago.
February 27, 2013FMCSA Tells ATA It Will Not Delay HOS Enforcement
The Federal Motor Carrier Safety Administration said it will not delay enforcement of the latest changes to the hours-of-service rules for truck drivers, saying that American Trucking Associations did not demonstrate enough harm to the industry and law enforcement to merit such a delay.
February 26, 2013ATA Backs 65-MPH Speed Limit, Funding SmartWay Program
American Trucking Associations told a task force attempting to revive the issue of climate change that it should consider legislation lowering the national speed limit for all vehicles to 65 mph and increase funding for the Environmental Protection Agency’s SmartWay program.
February 26, 2013