Initial Jobless Claims Rise 5,000 for Week
Initial jobless claims increased by 5,000 last week to 417,000, the Labor Department said Thursday.
August 25, 2011Firms to Invest $150 Mln. in Clean Energy for Natural Gas Fueling Stations
Three investment firms have agreed to invest $150 million in Clean Energy Fuels Corp. to support its efforts to develop natural gas fueling infrastructure in North America, the company announced Thursday.
August 25, 2011Barber appointed president of UPS Europe
UPS has appointed Jim Barber its new president of the UPS Europe region with responsibility for Europe, the Middle East and Africa.
August 25, 2011Roadrunner Transportation to Purchase Prime Logistics Corp.
Roadrunner Transportation Systems said it will purchase Prime Logistics Corp., a third-party logistics firm, for $97.5 million.
August 24, 2011Durable Orders Jump 4% in July
Durable goods orders jumped 4% in July, the largest gain in four months, the Commerce Department said Wednesday.
August 24, 2011International Offers New Lease Program
Navistar Inc.’s International Trucks has introduced a lease program that includes back-to-back three-year leases with fixed payments over the six years.
August 24, 2011Old Dominion Sets 4.9% Rate Increase
Less-than-truckload carrier Old Dominion Freight Line said it will implement a 4.9% rate increase, effective Sept. 6.
August 24, 2011Red Dot Agrees to Purchase Heating, A/C Maker JBAR
Red Dot, which makes heating and air-conditioning systems for trucks and other heavy vehicles, said it will purchase JBAR A/C, which makes that equipment for construction and material-handling customers.
August 24, 2011Cascade Sierra Solutions Debuts Equipment Financing Program
Cascade Sierra Solutions, a firm that backs emissions-reduction investments for trucking, has announced a $20 million financing program to back purchases of new equipment.
August 24, 2011July Truck Tonnage Rises 3.9%
Truck tonnage rose 3.9% in July from a year ago, American Trucking Associations said Tuesday.
August 23, 2011