Retail sales improved 0.1% in December,聽the smallest gain in seven months, the Commerce Department said Thursday.
January 12, 2012BusinessGovernmentLogistics
Consumer Confidence Hits Eight-Month High
Consumer confidence climbed this month to its highest level in eight months, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
January 13, 2012BusinessFuelGovernment
U.S. Trade Deficit Widens in November
The U.S. trade deficit expanded by 10.4% in November as exports declined to a four-month low, the Commerce Department said Friday.
January 13, 2012BusinessFuel
Ryder Signs First Lease for Natural Gas Trucks
Ryder System said it has signed its first leasing agreement under its 鈥淔lex-to-Green鈥 program, which offers companies the option to incorporate alternative fuel vehicles into their fleets.
January 13, 2012BusinessSafetyGovernment
Hostess Brands Again Files for Bankruptcy
Hostess Brands, the maker of Twinkies snack cakes and Wonder bread, filed for bankruptcy Wednesday, less than three years after completing an earlier restructuring.
January 13, 2012Business
Business Inventories Rise in November
Business inventories rose 0.3% in November while sales increased, the Commerce Department said Thursday.
January 12, 2012Business
Daimler Adding Shift at N.C. Freightliner Plant; Will Hire 1,100 Workers This Year
MIAMI BEACH, Fla. 鈥 Daimler Trucks North America officials said they will be adding a second shift to the company鈥檚 heavy-duty truck plant in Cleveland, N.C., adding 1,100 jobs over the course of this year.
January 12, 2012Business
Jobless Claims Rise for Week
Initial jobless claims increased by 24,000 last week to 399,000, the Labor Department said Thursday.
January 12, 2012Business
Ceridian-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, 2012BusinessLogistics
On-Dock Intermodal Debuts at Virginia Terminal
CSX Corp.鈥檚 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, 2012