Electronic stability-control systems would be required on all new heavy trucks and buses under a regulation proposed by the National Highway Traffic Safety Administration, which estimates it could prevent more than 2,300 crashes per year.
May 17, 2012Business
YRC Freight Plans to Hire 200 Drivers
YRC Freight, the national less-than-truckload unit of YRC Worldwide, said it plans to immediately add 200 over-the-road drivers in 13 locations.
May 18, 2012BusinessFuel
Natural Gas Prices May Double by 2015, FT Reports
U.S. natural gas prices may double from recent 10-year lows by 2015 as more of the fuel is used in transportation, the Financial Times reported May 17, citing an oil company executive.
May 17, 2012BusinessEquipment
Philadelphia Manufacturing Index Contracts
An index of manufacturing activity in the Philadelphia region in May showed contraction for the first time in eight months, the Federal Reserve Bank of Philadelphia said Thursday.
May 17, 2012GovernmentBusiness
Leading Economic Indicators Slip
An index of leading economic indicators fell in April following six straight increases, the New York-based Conference Board said Thursday.
May 17, 2012Business
Jobless Claims Unchanged for Week
Initial jobless claims were unchanged last week, holding at 370,000, the Labor Department said Thursday.
May 17, 2012BusinessFuel
Oil Closes at Six-Month Low Under $93 a Barrel
Oil fell more than $1 Wednesday to finish the trading day at six-month-low under $93 a barrel, Bloomberg reported.
May 16, 2012Business
Volvo鈥檚 April North American Deliveries Rise 39%
Volvo AB鈥檚 North American truck deliveries rose 39% in April from a year ago, the company said Wednesday.
May 16, 2012Business
Industrial Production Rises More Than Forecast
Industrial production rose 1.1% in April, led by automobile manufacturing and utility output, the Federal Reserve said Wednesday.
May 16, 2012Business
Housing Starts Improve in April
Housing starts rose 2.6% in April, the Commerce Department said Tuesday.
May 16, 2012