Wholesale Inventories Rise 0.6%
Wholesale inventories increased 0.6% in October, while sales fell 1.2%, the biggest drop since June, the Commerce Department said Tuesday.
December 11, 2012Best Trucking Software 2024
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U.S. Trade Deficit Expands in October
The U.S. trade deficit increased by 4.9% in October, the Commerce Department said Tuesday.
December 11, 2012Diesel Drops 3.6¢ to Below $4; Gasoline Continues to Slide, Falling 4.5¢ to $3.349
Diesel fell 3.6 cents to $3.991 a gallon, while gasoline continued to drop, the Department of Energy said.
December 11, 2012Honeywell to Acquire Intermec for $600 Million
Honeywell said it plans to acquire mobile computing company Intermec Inc. for $600 million.
December 11, 2012Daimler Plans $120 Million Investment at Detroit Plant; Hosts Visit by President Obama
REDFORD, Mich. — Daimler Trucks North America announced that it will produce its new automated manual transmission at its Detroit engine plant here, and the company hosted a visit Monday by President Obama.
December 10, 2012Celadon Group Names Paul Will CEO
Celadon Group Inc. has named Paul Will the company’s CEO, effective immediately. Steve Russell will continue as the company’s chairman.
December 10, 2012Truck Crash Fatalities Rise 1.9%, NHTSA Says
The number of people killed in crashes involving large trucks increased 1.9% in 2011 compared with 2010, the National Highway Traffic Safety Administration said in a report released Monday.
December 10, 2012Gasoline Falls to 11-Month Low, Lundberg Survey Reports
Gasoline dropped almost a dime in the past three weeks to $3.38 a gallon, an 11-month low, according to the latest Lundberg survey of filling stations released Sunday.
December 10, 2012LaHood Won’t Discuss Role in New Cabinet Until New Year
Transportation Secretary Ray LaHood won’t discuss his plans with President Obama about staying in his position in the new administration until after the new year, the Peoria (Ill.) Journal Star reported.
December 10, 2012Obama to Visit Daimler’s Detroit Engine Plant Monday
President Obama is scheduled to visit Daimler AG’s Detroit Diesel Corp. plant in Redford Township, Mich., on Monday, and the company plans to announce it will invest more than $100 million at the facility, the Detroit News reported.
December 10, 2012