NEW YORK — Mortgage rates fell for the second straight week to the lowest point in five decades. But many people either don’t qualify for new mortgages or have already taken advantage of the low rates this year.
WASHINGTON — New claims for unemployment benefits dropped sharply last week, a sign that layoffs could be slowing. At the same time, hundreds of thousands of Americans are losing jobless aid because Congress has yet to pass an extension of benefits.
COLUMBUS, Ind. — Sales of heavy-duty commercial vehicles surged to 267,500 units in the first quarter of 2010, a 165 percent increase from the first quarter of 2009 according to a report published by ACT Research Co. LLC and China's State Information Center.
NASHVILLE, Ind. — June Class 8 truck total net orders for North American OEM’s came in at 15,667 units, a 20.5 percent increase over the previous month’s net orders, according to preliminary data from the market analysts at FTR Associates. The order volume is 90.8 percent better than June 2009.
PORTLAND, Ore. — Daimler Trucks North America LLC said Tuesday the company had agreed to new three-year collective bargaining agreements covering workers at its Portland Truck Manufacturing Plant (PTMP).