Tuesday, April 24, 2018
Business
IMF chief: global recovery stronger than expected

IMF chief: global recovery stronger than expected

TOKYO — The head of the IMF said China and other developing Asian economies are leading a global recovery that is faster and stronger than expected, but warned that money rushing into emerging markets could lead to asset bubbles.

Frozen Food Express promotes execs

Frozen Food Express promotes execs

DALLAS — S. Russell Stubbs has been promoted to president of Frozen Food Express Industries Inc., and FFE Transportation Services Inc., FFE said Friday. Additionally, John T. Hickerson has been promoted to executive vice president and chief operating officer reporting directly to Russell.

Commercial vehicle orders likely to slow in first quarter

Commercial vehicle orders likely to slow in first quarter

COLUMBUS, Ind. — Net orders for heavy-duty commercial vehicle markets closed 2009 slightly stronger than expected, but will likely slow dramatically in the first quarter of 2010 before recovering in the second half of the year, according to truck market analysis by ACT Research Co.

Universal Truckload acquires three companies

Universal Truckload acquires three companies

WARREN, Mich. — Universal Truckload Services Inc. said Thursday that the company has acquired D. Kratt International Inc., Cavalry Transportation LLC and Cavalry Logistics LLC, and TSD Transportation L.P. The deals were completed in December 2009. Terms of the acquisitions were not disclosed.

Inflation tame in 2009, but consumers are squeezed

Inflation tame in 2009, but consumers are squeezed

WASHINGTON — Consumer inflation was tame in 2009, with prices rising 2.7 percent. Yet families felt squeezed as their spending power sank in the face of falling wages, job losses and higher prices for energy, medical care and education.

Consumer inflation tame at 2.7%, but wages don't keep up

Consumer inflation tame at 2.7%, but wages don't keep up

WASHINGTON — Consumer inflation was tame in 2009, with prices rising 2.7 percent. Yet families felt squeezed as their spending power sank in the face of falling wages, job losses and higher prices for energy, medical care and education.

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