Werner Enterprises said its third-quarter net income fell 15% from a year ago due to softer freight demand and higher expenses.
October 18, 2012Business
Initial Jobless Claims Rise for Week
Initial jobless claims increased by 46,000 last week, the Labor Department said Thursday.
October 18, 2012BusinessLogistics
Meritor Axles Named Standard Equipment on Wabash Trailers
Component maker Meritor Inc. said Wednesday that Wabash National has selected Meritor trailer axles to be standard equipment on all Wabash trailers.
October 17, 2012BusinessLogistics
Norfolk Southern Opens Alabama Intermodal Terminal
Norfolk Southern said it has opened a new intermodal facility in McCalla, Ala., to serve as part of an intermodal freight rail route between the Gulf Coast and the Northeast.
October 17, 2012Business
Housing Starts Jump 15% to Four-Year High
Housing starts rose 15% in September to the highest level in four years, the Commerce Department said Wednesday.
October 17, 2012Business
Marten’s 3Q Profit Improves
Marten Transport said its third-quarter profit rose on higher truckload and logistics revenue.
October 17, 2012Business
LaHood May Stay on if Obama Re-Elected
Transportation Secretary Ray LaHood seems to be keeping the door open to a second Cabinet term after insisting last year he would not stay on if President Obama were re-elected.
October 16, 2012Business
Industrial Production Rose 0.4% in September
Industrial production increased by 0.4% in September, the Federal Reserve said Tuesday.
October 16, 2012BusinessFuel
Diesel Rises 5.6¢ to Four-Year High $4.15
Diesel rose 5.6 cents to $4.15 a gallon, its highest national average pump price in more than four years, while gasoline fell for the third time in four weeks, the Department of Energy reported.
October 16, 2012FuelBusinessGovernment
Consumer Price Index Rises 0.6% on Higher Fuel Costs
The consumer price index rose 0.6% in September for a second month, the Labor Department said Tuesday.
October 16, 2012