Talks between the International Longshoremen Association and East and Gulf Coast port operators stalled this week, with a contract deadline looming Dec. 29, after which the union could strike, the Associated Press reported Thursday.
Talks between the International Longshoremen Association and East and Gulf Coast port operators stalled this week, with a contract deadline looming Dec. 29, after which the union could strike, the Associated Press reported Thursday.
Existing home sales rose 5.9% in November to a three-year high, the National Association of Realtors said Thursday.
Manufacturing activity in the Philadelphia region expanded in November, the Federal Reserve Bank of Philadelphia said Thursday.
Indian truck maker Mahindra & Mahindra Ltd. plans to purchase Navistar International Corp.’s stake in the two companies’ Indian joint venture for about $33 million.
The New York Thruway Authority has canceled a proposed plan to raise truck tolls by 45% after months of opposition from business groups, which said the hike would hurt the state’s economy, Bloomberg reported.
Navistar International Corp. said it is shipping its first 300 International ProStar Plus Class 8 tractors equipped with Cummins ISX15 engines, which use selective catalytic reduction technology.
Heavy-duty truck parts supplier, FleetPride Inc., said it has acquired the assets of truck parts firm Drake Supply Co. Terms were not disclosed.
Diesel continued to decline, falling 4.6 cents to $3.945 a gallon, its eighth drop in the past nine weeks, while gasoline plunged by almost a dime to its lowest level this year, the Department of Energy said.
A convoy of trucks delivered 34 truckloads of wreaths on Saturday to Arlington National Cemetery, where they were placed by gravesides by thousands of volunteers during “Wreaths Across America Day.”
UPS Inc. said that Monday begins its seasonal peak week of the year and that it plans to deliver more than 135 million packages around the world this week, culminating with 28 million deliveries Thursday, its busiest day of the holiday season.