WASHINGTON — Sales of new homes collapsed in May, sinking 33 percent to the lowest level on record as potential buyers stopped shopping for homes once they could no longer receive government tax credits.
JOHNS CREEK, Ga. — Saia Inc. recently moved its terminal to a new location in Portland, Oregon. The new facility is approximately 17,000 square feet and is situated on a 6.6 acre site that also features an office building and a shop.
NEW ORLEANS — The Louisiana judge who struck down the Obama administration’s six-month ban on deepwater oil drilling in the Gulf of Mexico has reported extensive investments in the oil and gas industry, according to financial disclosure reports. He’s also a new member of a secret national security court.
LAFAYETTE, Ind. — Wabash National Corp. has started production on 350 new ArcticLite refrigerated van trailers for Frozen Food Express Industries Inc., the company reports. The production is scheduled to be completed by September.
COLUMBUS, Ind. — Net orders for heavy-duty Class 8 commercial vehicles increased 84 percent in May 2010 compared to the same month last year, according to the market analysts at ACT Research Co.