U.S. automakers left Washington Thursday with no pledge for aid from federal lawmakers to help their plans to return to profitability, the Wall Street Journal reported Friday.
November 21, 2008BusinessTechnologyEquipmentSafety
Saia Makes Warning System Standard on New Trucks
Less-than-truckload carrier Saia Inc. said it will make lane departure warning systems standard for all new tractors.
November 21, 2008BusinessFuelTechnologyEquipmentSafety
ABF to Buy SCR Trucks for 2010, Exec Says
FORT LAUDERDALE, Fla. — ABF Freight System will use diesel engines with selective catalytic reduction technology starting in 2010, but the less-than-truckload carrier has not decided upon the truck maker it will use.
November 21, 2008Business
Wal-Mart Names New CEO
Wal-Mart Stores Friday said its chief executive officer will retire in February and be replaced by the head of its international division, the Associated Press reported.
November 21, 2008BusinessSafetyGovernment
Obama Names DOT Transition Team
President-elect Barack Obama has named a five-person group to oversee the transition for the Department of Transportation.
November 21, 2008BusinessSafety
Rail, Intermodal Traffic Fall for Week
Rail and intermodal traffic fell sharply last week from the same week a year ago, the Association of American Railroads said.
November 21, 2008GovernmentBusinessFuel
Oil Drops Below $50 a Barrel
Oil fell below $50 a barrel for the first time in almost two years, as recession in the United States, Europe and Japan cut global energy demand, Bloomberg reported Thursday.
November 20, 2008BusinessGovernment
Philadelphia Manufacturing Index Shrinks
Manufacturing levels in the Philadelphia region contracted this month at the fastest pace in 18 years, the Federal Reserve Bank of Philadelphia said Thursday.
November 20, 2008GovernmentBusiness
Leading Economic Indicators Fall 0.8%
An index of leading economic indicators declined in October for the third time in four months, the New York-based Conference Board said Thursday.
November 20, 2008Business
Jobless Claims Continue to Climb
First-time unemployment claims rose to the highest level in 16 years last week, the Labor Department said Thursday.
November 20, 2008