09 Mar Consumer Comfort Just Reached Its Highest Level in a Decade Americans' confidence continued to mount in the week ended March 3 as the Bloomberg Consumer Comfort Index reached the highest point in a decade on more-upbeat assessments about the economy and buying climate, figures showed March 9. Read more...
09 Mar Jobless Claims Rebounded Last Week From Four-Decade Low Applications for U.S. jobless benefits rebounded last week from a 44-year low, returning to a range that still shows strength in the labor market. Read more...
08 Mar XPO Logistics Inks Deal With Gower Furniture XPO Logistics has secured a multimillion-pound, long-term agreement with Gower Furniture, a supplier of kitchens to the trade and retail sectors in the United Kingdom, XPO announced March 6. Read more...
08 Mar Tennessee Trucking Firm Keeps Drivers Longer With Feedback Software Southern Refrigerated Transport, one of the trucking subsidiaries of the Chattanooga, Tennessee-based Covenant Transport, prides itself on its family atmosphere. Read more...
08 Mar TIGER Infrastructure Grants on the Chopping Block, Says Sen. Collins WASHINGTON - President Trump's fiscal 2018 budget request is likely to deny funding for U.S. Department of Transportation grants awarded to various state agencies since 2009 for infrastructure projects, the Senate's top transportation funding leader said March 8. Read more...
08 Mar Lytx, SmartDrive Add Customers as More Truck Fleets Tap In-Cab Video to Improve Safety Steve Mitgang occasionally sits down with commercial truck drivers for coffee and doughnuts, asking them what they think of having video cameras in the cab to monitor their driving. Read more...
08 Mar CSX Bets More Than $200 Million Hunter Harrison Can Spur Turnaround Railroad turnaround veteran Hunter Harrison is back in a familiar place - at the bottom. Read more...
08 Mar Oil Slumps to Lowest This Year as Traders Focus on Record Supply Oil slumped more than 5% to the lowest close this year after government data showed production cuts from OPEC and other producers have not been enough to reduce U.S. supplies. Read more...
08 Mar Nafta Talks Likely Won't Begin Until Later This Year, Commerce Secretary Says The U.S. government probably won't begin "real" negotiations to revamp the North American Free Trade Agreement until later this year, Commerce Secretary Wilbur Ross said. Read more...
08 Mar EU Block on UPS-TNT Merger Annulled by Court The EU's lower court on March 7 annulled a 2013 decision by the European Commission blocking a planned merger between UPS and TNT Express, two international package delivery services. Read more...