Tuesday, June 28, 2005

Quick Overview

  • London Copper inventories now stand at 30,250 tons down from 49,375 at the beginning of the year.

  • An index of business confidence in France increased from 97 to 99 in June.

  • Japan's retail sales were down 1.5% in May.

  • The Organization for Economic Cooperation and Development said that they expect Japan's unemployment rate to drop from 4.4% in 2005 to 4.1% in 2006.

  • Overall trucking freight volumes rose 0.7% in May as the economy grew modestly, American Trucking Associations said Monday.

  • Rising asphalt prices have caused at least five states to delay or cancel road resurfacing projects, which could have an adverse effect on commercial vehicles, transportation officials said

  • The Journal of Commerce reports that as demand continues to run ahead of available capacity, motor carriers once again are calling the shots when it comes to pricing.

  • Diesel Gains 2.3 Cents to Hit New Record of $2.336

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