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Leading Economic Indicators Rise 0.1% in February
The index of leading U.S. economic indicators rose in February, the third increase in four months, the Conference Board reported Thursday.
March 17, 2005
TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
FedEx Reports $317 Mln. Third-Quarter Profit
FedEx Corp. reported Thursday that net income for its third quarter ended Feb. 28 rose to $317 million or $1.03 per share, up from $207 million or 68 cents a year ago.
March 17, 2005Jobless Claims Fall to 318,000
The number of Americans filing initial applications for unemployment insurance fell by 10,000 to 318,000 for the week ended March 12, the Labor Department reported Thursday.
March 17, 2005Frozen Food Express’s 4Q Earnings Rise
Frozen Food Express Industries Inc. said its fourth-quarter profit was $1.8 million or 10 cents a share, up from $0.7 million or 4 cents a year earlier.
March 17, 2005Senate Narrowly Approves Alaska Oil Exploration
In a 51-49 vote, the Senate Wednesday endorsed President Bush’s plan to drill for oil in protected environmental areas in Alaska, news services reported.
March 17, 2005AutoInfo Reports 2004 Earnings
Logistics provider AutoInfo Inc. reported net income for 2004 of $1.5 million or 4 cents a share, compared with $1.3 million or 5 cents in 2003.
March 17, 2005Crude Oil Falls After Topping $57 for First Time
Light sweet crude oil futures receded to close at $56.40 Thursday after rising above $57 a barrel in intraday trading for the first time, Bloomberg reported.
March 17, 2005IRS Issues Guidance on Truck Excise Taxes
The Internal Revenue Service issued guidance Tuesday intended to help truck dealers determine whether a truck body is subject to federal excise tax.
March 16, 2005Mystic Tank Lines Files Plan to Emerge from Bankruptcy
Mystic Tank Lines Corp. said Wednesday it filed a reorganization plan to emerge from Chapter 11 bankruptcy, which it had filed for last June.
March 16, 2005Industrial Production Rises 0.3% in February
Production at U.S. factories, mines and utilities rose 0.3% in February, the Federal Reserve reported Wednesday.
March 16, 2005