The Senate has passed a two-year, $109-billion bill to fund the nation鈥檚 highways and public transit system.
March 14, 2012BusinessGovernment
New York Manufacturing Index Rises
Manufacturing activity in the New York region expanded in March at the fastest rate since June 2010, the Federal Reserve Bank of New York said Thursday.
March 15, 2012Business
Producer Prices Rise 0.4% in February
Prices paid to U.S. producers climbed 0.4% in February, the largest gain in five months, the Labor Department said Thursday.
March 15, 2012Business
Jobless Claims Match Four-Year Low
Initial jobless claims declined by 14,000 and matched the lowest level in four years, the Labor Department said Thursday.
March 15, 2012BusinessLogistics
CSA, Other Government Regulations to Be TIA鈥檚 Focus at Texas Meeting
The Transportation Intermediaries Association will focus its attention on government regulation, particularly the Compliance, Safety, Accountability program, when the trade group convenes March 21-24 in San Antonio.
March 15, 2012BusinessLogistics
Port Logistics Teams With Joe Fresh
Port Logistics Group聽said it has signed a multiyear service agreement with Canadian food retailer Loblaw Cos., the parent of the Joe Fresh clothing brand.
March 15, 2012Special CoverageBusiness
Daimler Says Layoffs to Be 鈥楽ignificantly Lower鈥 Than Previously Announced
NASHVILLE, Tenn. 鈥 Martin Daum, president of Daimler Trucks North America, said the company鈥檚 previously announced layoffs at its production facilities will be 鈥渟ignificantly lower鈥 than the 1,300 jobs it had projected earlier this year.
March 14, 2012Business
DOT Freight Index Rises Year-Over-Year
The Department of Transportation鈥檚 freight transportation services index rose 1.6% in January from a year ago but slipped from an all-time high in December, DOT said Wednesday.
March 14, 2012Business
TravelCenters鈥 Fourth-Quarter Loss Narrows
TravelCenters of America said Thursday that its fourth-quarter loss narrowed to $2.5 million, or 9 cents per share, from $30 million, or $1.71 per share, a year ago.
March 14, 2012BusinessFuel
Oil Rises as Diesel Inventories Decline
Oil rose Wednesday following a Department of Energy report that showed diesel supplies fell sharply last week, Bloomberg reported.
March 14, 2012