Thursday, January 18, 2018
Business
Con-way raises $143.7 million in offering

Con-way raises $143.7 million in offering

SAN MATEO, Calif. — Trucking company Con-way Inc. says its public offering of 4.3 million shares of its common stock at $35 per share raised roughly $143.7 million in net proceeds.

ACT: Heavy-duty truck orders surge in April

ACT: Heavy-duty truck orders surge in April

COLUMBUS, Ind. — Net orders for heavy-duty Class 8 commercial vehicles increased 91 percent in April 2010 compared to the same month last year, according to the market analysts at ACT Research Co.

Navistar receives Boyd Bros. order for 325 ProStar+ trucks

Navistar receives Boyd Bros. order for 325 ProStar+ trucks

WARRENVILLE, Ill. — Navistar Inc. has received an order from Boyd Bros. Transportation Inc. for 325 International ProStar+ tractors equipped with EPA 2010 Advanced EGR (exhaust gas recirculation) MaxxForce 13 engines, the truck maker reports.

Jobless claims rise by largest amount in 3 months

Jobless claims rise by largest amount in 3 months

WASHINGTON — The number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months. The surge is evidence of how volatile the job market remains, even as the economy grows.

Fleet survey reveals cost savings tops 2010 concerns

Fleet survey reveals cost savings tops 2010 concerns

EDEN PRAIRIE, Minn. — Cost containment is a top priority for fleet managers and executive management, according to a recent survey conducted by GE Capital Fleet Services.

Consumer inflation vanishes, a boon for borrowers

Consumer inflation vanishes, a boon for borrowers

WASHINGTON — Consumer prices fell in April for the first time in 13 months, giving the Federal Reserve more room to keep interest rates at historic lows to aid the economy. That’s good news for borrowers, but not for savers.

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