WASHINGTON — Businesses trimmed inventories at the wholesale level again in January even though sales rose for a 10th consecutive month. The dip in inventories underscored that businesses remain cautious about restocking their depleted shelves.
FRANKFURT, Germany — German car and truckmaker Daimler AG says it expects a turnaround in the global truck market and an improvement in the truck division's 2010 earnings before interest and taxes.
Navistar International Corp. lost income for the first quarter of 2010 compared with the same period last year but still managed net income of $17 million, down $31 million from $48 million for first-quarter 2009.
EDEN PRAIRIE, Minn. — GE Capital Fleet Services has launched its Truck Advisory Board, the company said . The TAB will provide the company’s truck fleet customers with a forum for discussing process improvement ideas, suggesting new products, and sharing fleet management best practices.
WASHINGTON, March 8, 2010 – Import cargo volume at the nation’s major retail container ports is expected to be up 13 percent in March compared with the same month a year ago, and double-digit increases are expected to continue through the summer as the U.S. economy begins in improve, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.