29 Aug Consumer Spending Advances for Fourth Consecutive Month Consumer spending advanced for a fourth straight month in July, bolstered by stronger income gains, sending the biggest part of the U.S. economy to a solid third-quarter start, Commerce Department figures showed Aug. 29 in Washington. Read more...
26 Aug Exxon to Introduce New Engine Oils on Website ExxonMobil said it will introduce the new product line and details of its Mobil Delvac-branded CK-4 and FA-4 commercial vehicle engine oils on its website, mobildelvac.com on Sept. 20. Read more...
26 Aug NFI Will Pay $1 Million to Settle Overtime Probe National Freight Inc. will pay about $1 million to settle a Labor Department investigation that concluded the New Jersey-based warehouse and distribution company didn't pay 357 driver dispatchers and yard spotters for overtime, the DOL announced. Read more...
26 Aug Profit Margins Improve Year-Over-Year in Second Quarter, TIA Report Shows The Transportation Intermediaries Association has released a second-quarter report that shows improved profit margins year-over-year and a slight decline from the quarter. Read more...
26 Aug Trucks Continue to Haul Most Nafta Freight by Value, DOT Says Trucks remained the most heavily used mode for moving goods in June to and from the United States and its Nafta trade partners, Canada and Mexico, hauling 65.4% of freight, U.S. Department of Transportation said Aug. 25. Read more...
26 Aug US Proposes Mandatory Speed Limiter Devices The federal government is proposing that heavy-duty vehicles be equipped with devices that limit their speeds on U.S. roadways but said the limiters will not be required to be tamper-proof. Read more...
26 Aug Consumer Sentiment Eases in August to Four-Month Low Consumer confidence eased in August to a four-month low as Americans become less optimistic about their finances for the year ahead. Read more...
26 Aug Golden Gate Bridge Toll Collection to See Dramatic Change SAN FRANCISCO - A large gantry-type structure is in the offing at the Golden Gate Bridge as officials look to upgrade toll collection machinery. Read more...
26 Aug Revised Second-Quarter Figures Show 1.1% GDP Growth The U.S. economy grew less than previously reported last quarter on lower government outlays and a bigger depletion of inventories, capping a sluggish first-half performance propped up mainly by consumer spending. Read more...
25 Aug UPS Tripling Size of Louisville Hub, Adding 300 Jobs UPS Inc. began a project Aug. 25 to triple the size of a hub in Louisville, Kentucky, that also will add 300 jobs and increase the sorting capacity for packages. Read more...