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Initial Jobless Claims Fall 11,000 for Week

The number of workers filing initial unemployment claims fell by 11,000 last week to 302,000 last week, the Labor Department reported Thursday.

March 23, 2006

US 1 Industries Reports 4Q Gain

US 1 Industries Inc. said its net income for the fourth quarter was $558,253 or 5 cents per share, compared with a net loss of $825,267 or a loss of 7 cents per share a year earlier.

March 23, 2006

YRC Worldwide Lowers First-Quarter Earnings Guidance

YRC Worldwide Inc., formerly known as Yellow Roadway Corp., said late Wednesday it expected its first-quarter net income to be in the range of 65 cents to 70 cents a share, significantly below its earlier guidance of $1 to $1.05.

March 23, 2006

Security & Safety Briefs — March 16 - March 22

Software Firm Gets CBP’s OK For ACE System • Train Accidents, Derailments Decline in 2005

March 22, 2006

Oil, Gasoline and Distillate Inventories Decline

Crude oil, gasoline and distillate inventories fell last week, the Department of Energy said Wednesday.

March 22, 2006

Nissan Sells 13% Stake to Volvo; Shares Rise on News of Sale

Nissan Diesel Motor Co., Japan's second-largest automaker, said it will sell 13% of the truck maker's shares to Volvo AB, Europe's biggest truck maker, Bloomberg news reported.

March 22, 2006

Bush Administration May Tighten Fuel Standards for SUV’s

The Bush administration may impose fuel-economy standards for the first time on the nation’s biggest vans and sport utility vehicles, reported the Wall Street Journal.

March 22, 2006

FedEx Reports Jump in Its Third-Quarter Income

FedEx Corp. Wednesday said its profit for the third fiscal quarter ended Feb. 28 was $428 million or $1.38 a share, up from $317 million or $1.03 a year earlier.

March 22, 2006

Officials Say Trucking’s AMBER Alerts To Be Key Aid for Law Enforcement

Trucking, government and safety officials involved in a new program that sends electronic alerts about missing children to truck drivers said it is another important tool for law enforcement agencies.

March 22, 2006

FMCSA to Resume Publication of Motor Carrier Safety Scores

The Federal Motor Carrier Safety Administration is preparing to resume posting fleet safety ratings compiled for its SafeStat program, two years after criticism by the Transportation Department’s inspector general caused the agency to remove the rankings from its Web site.

March 22, 2006