15 Aug US Retail Sales Rose at 0.5% Annual Rate in July WASHINGTON — Americans shopped at a healthy pace in July, buying more cars, clothes and appliances, evidence that confident consumers are helping drive robust economic growth. Read more...
15 Aug US Industrial Production Edged Up 0.1% in July WASHINGTON — U.S. industrial production rose modestly last month, held down by drops in mining and utilities. Read more...
15 Aug Italy Bridge Collapse Witness Tells of Truck’s Escape ROME — A witness to the deadly Genoa highway bridge collapse has provided a dramatic account to Italian television SKY TG24, including a description of how a green truck stopped just short of the abyss. Read more...
15 Aug US Productivity Posts 2.9% Growth in 2Q WASHINGTON — U.S. productivity grew at an annual rate of 2.9% in the second quarter, the fastest pace in more than three years, while labor costs actually fell. Read more...
15 Aug Bridge Collapse Witness Tells of Truck’s Escape ROME — A witness to the deadly Genoa highway bridge collapse has provided a dramatic account to Italian television SKY TG24, including a description of how a green truck stopped just short of the abyss. Read more...
15 Aug Ford to Spend $740 Million as Part of Detroit Train Station Project Ford Motor Co. will spend nearly $740 million to renovate the Michigan Central Station and other sites the automaker purchased in Detroit’s Corktown neighborhood, the company said Aug. 14. Read more...
14 Aug Universal Logistics Purchases Southern Counties Express for $65 Million Universal Logistics Holdings Inc. is expanding its intermodal business, announcing Aug. 10 it is acquiring Compton, Calif.-based Southern Counties Express Inc. for $65 million. Read more...
14 Aug Being Defending Champion Adds Pressure, FedEx’s Roland Bolduc Says COLUMBUS, Ohio — Winning it all at last year’s National Truck Driving Championships helped elevate Roland Bolduc’s exposure. Read more...
14 Aug Medium-Duty Sales Near 20,000 in July Amid Consumer-Sector Strength U.S. retail sales of medium-duty trucks in July rose nearly 15% above a year earlier as all classes posted gains, WardsAuto.com reported. Read more...
14 Aug Deb DeLuca Named New Duluth Port Director Deb DeLuca was named the executive director of the Duluth Seaway Port Authority Aug. 13, becoming the first woman to hold the role. Read more...