Rail carload and intermodal freight fell for the week ended Saturday compared with a year ago, the Association of American Railroads said.
June 1, 2007BusinessGovernment
Consumer Sentiment Rises in May
U.S. consumer confidence rose in May from an eight-month low the previous month, according to the University of Michigan鈥檚 monthly consumer sentiment index released Friday.
June 1, 2007Business
Unemployment Rate Holds at 4.5%
U.S. payrolls jumped by 157,000 in May while the unemployment rate held at 4.5%, the Labor Department reported Friday.
June 1, 2007GovernmentBusiness
Personal Spending Rises 0.5%
Consumer personal spending rose 0.5% in April, the Commerce Department said Friday.
June 1, 2007BusinessLogistics
Ceva鈥檚 First-Quarter Loss Widens
Ceva Group Plc said it lost 14.9 million euros (about $20 million) in the first quarter, compared with a loss of 7.7 million euros ($10.4 million) a year earlier.
May 31, 2007BusinessTechnologyEquipmentSafety
Allied Emerges from Bankruptcy
Vehicle hauler Allied Systems Holdings has emerged from bankruptcy,聽the company said in a statement.
May 31, 2007BusinessGovernmentAutonomous
TravelCenters Buys Petro
TravelCenters of America said late Wednesday it has acquired fellow truck stop chain Petro Stopping Centers for about $700 million.
May 31, 2007BusinessTechnologyEquipmentSafetyAutonomous
TMW Acquires Software Firm
Trucking software firm TMW Systems said Thursday it acquired TMT Software, which makes fleet maintenance applications, for an undisclosed sum.
May 31, 2007GovernmentBusiness
Construction Spending Rises 0.1%
Construction spending rose 0.1% in April, for a third straight monthly increase, the Commerce Department said Thursday.
May 31, 2007BusinessLogisticsGovernment
Chicago Factory Index Rises in May
Manufacturing activity in the Chicago region accelerated in May, the National Association of Purchasing Management said Thursday.
May 31, 2007