Transportation Secretary Ray LaHood said DOT will grant $417 million to fund highway infrastructure projects, ranging from interstate maintenance to research into innovative bridge materials and construction methods.
August 17, 2011Business
Philadelphia Manufacturing Index Drops
Manufacturing activity in the Philadelphia region dropped in August to its lowest level since March 2009, the Federal Reserve Bank of Philadelphia said Thursday.
August 18, 2011Business
Leading Indicators Rise in July
An index of leading economic indicators continued to rise in July, the New York-based Conference Board said Thursday.
August 18, 2011BusinessGovernment
Consumer Price Index Rises 0.5% in July
The consumer price index rose 0.5% in July as food and energy costs increased, the Labor Department said Thursday.
August 18, 2011Business
Initial Jobless Claims Rise 9,000 for Week
Initial jobless claims increased by 9,000 last week to 408,000, the Labor Department said Thursday.
August 18, 2011PerspectiveBusiness
Opinion: No Longer a ‘Penny Business’
Vernaculars can expedite commerce, provided all parties understand the lingo, but using it outside an industry may frustrate communications when being clearly understood is vitally important — particularly if money is involved.
August 18, 2011Business
Producer Price Index Rises 0.2% in July
Prices paid to U.S. producers rose 0.2% in July, the Labor Department said Wednesday.
August 17, 2011Business
Con-way Freight Driver Named Truck Driving Grand Champion
ORLANDO, Fla. — Paul Phillips, a Con-Way Freight driver from Coarsegold, Calif., was named the 2011 Bendix National Truck Driving Championships Grand Champion.
August 17, 2011Business
Con-way Earns $29.4 Million, Doubling Its 2Q 2010 Income
Con-way Inc. more than doubled its net income from the second quarter last year, based on strong improvements at both of its trucking units.
August 17, 2011BusinessTechnology
iTECH: Rebooting IT Systems After Disasters
PHOENIX — Motor carriers have long feared disasters such as fires, floods, hurricanes and tornadoes because of their ability to snarl freight transportation, but with fleets now more dependent on computer systems than ever before, there is also an information technology component to disaster recovery.
August 17, 2011