Oil Falls to Two-Week Low Under $109
Oil fell more than $2 Wednesday to a two-week low under $109 a barrel following a report that showed crude supplies reached a six-month high last week, Bloomberg reported.
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Intermec’s Loss Widens; CEO Departs
Intermec said its first-quarter loss widened on higher costs and that CEO Patrick Byrne has left the company.
May 4, 2011Companies Added More Workers in April, Report Says
U.S. companies added 179,000 workers to payrolls in April, signaling the labor market is strengthening, according to a private report released, Bloomberg reported Wednesday.
May 4, 2011Senate Bill Would Apply Federal Weight Limits to More Highways
WASHINGTON — A bill introduced Tuesday in the U.S. Senate would prohibit states from increasing truck size and weight limits on the National Highway System.
May 3, 2011NAFTA Surface Trade Rises in February
Surface transportation trade among the United States, Canada and Mexico was 11.8% higher in February than a year earlier, the Department of Transportation said Tuesday.
May 3, 2011Meritor’s Second-Quarter Profit Improves
Components maker Meritor Inc. Tuesday reported an improved second-quarter profit, as its commercial truck unit sales rose from a year ago.
May 3, 2011Diesel Resumes Rise, Gaining 2.6¢ to $4.124 a Gallon
Diesel resumed its rise after a one-week respite, gaining 2.6 cents to $4.124 a gallon, the highest price since August 2008, while gasoline jumped 8.4 cents to $3.963, the Department of Energy said.
May 3, 2011FleetPride Completes Acquisition of Midway Truck Parts
FleetPride Inc., an aftermarket distributor of heavy-duty truck and trailer parts, said it completed its acquisition of Midway Truck Parts.
May 3, 2011March Factory Orders Rise 3%
Factory orders rose 3% in March, the fifth straight increase, the Commerce Department said Tuesday.
May 3, 2011North American Trailer Expands in Calif. With Acquisition
North American Trailer said it has acquired Fontana, Calif.-based Quality Fleet Repair, effective Sunday. Terms were not disclosed.
May 3, 2011