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.
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.
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.
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.
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.
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.