Retail Sales Edge Up 0.1% in December
Retail sales improved 0.1% in December, the smallest gain in seven months, the Commerce Department said Thursday.
January 12, 2012Business Inventories Rise in November
Business inventories rose 0.3% in November while sales increased, the Commerce Department said Thursday.
January 12, 2012Daimler Adding Shift at N.C. Freightliner Plant; Will Hire 1,100 Workers This Year
MIAMI BEACH, Fla. — Daimler Trucks North America officials said they will be adding a second shift to the company’s heavy-duty truck plant in Cleveland, N.C., adding 1,100 jobs over the course of this year.
January 12, 2012Jobless Claims Rise for Week
Initial jobless claims increased by 24,000 last week to 399,000, the Labor Department said Thursday.
January 12, 2012Ceridian-UCLA Trucking Index Slips 0.7% Year-Over-Year
The Ceridian-UCLA Pulse of Commerce Index, which measures diesel fuel card purchases at truck stops, slipped in December from a year ago but showed improvement from November.
January 12, 2012On-Dock Intermodal Debuts at Virginia Terminal
CSX Corp.’s rail unit on Jan. 3 began offering on-dock rail intermodal service at Portsmouth, Va., marking the latest step in its multistate National Gateway project to expand double-stack service in the eastern United States.
January 12, 2012Dana Estimates Stronger 2011 Earnings, Sales
Dana Holding Corp. estimated its adjusted 2011 earnings will be higher than the previous year, and that its 2012 sales will be at least 5% over 2011.
January 11, 2012Economy, Transport Services Show Modest Growth, Fed Says
Economic activity expanded at a “modest to moderate pace” in late November and December as holiday retail sales showed “significant gains” from a year ago, the Federal Reserve said Wednesday.
January 11, 2012DOT Freight Transport Index Rises 4.9%
The Department of Transportation’s freight transportation services index rose 4.9% in November from a year ago, DOT said.
January 11, 2012DOE Holds 2012 Diesel Forecast at $3.85
Diesel will average $3.85 a gallon this year and rise to $3.93 next year, the Department of Energy said in its monthly short-term energy outlook.
January 11, 2012