YRC Worldwide on Thursday reported a first-quarter loss of $81.6 million, compared with a $102.7 million loss in last year’s first quarter.
May 3, 2012Business
First-Quarter Productivity Declines
U.S. workers’ productivity declined at a 0.5% annual rate in the first quarter, the Labor Department said Thursday.
May 3, 2012Business
Jobless Claims Fall to Lowest in a Month
Initial jobless claims fell last week to the lowest level in a month, the Labor Department said Thursday.
May 3, 2012BusinessTechnology
Intermec’s 1Q Loss Widens, CEO Departs
Supply chain technology company Intermec said its first-quarter loss widened from a year ago and announced the departure of its CEO, Patrick Byrne.
May 3, 2012BusinessEquipment
Visteon Posts 1Q Loss on Restructuring Costs
Visteon Corp. reported a first-quarter loss on Wednesday, citing restructuring charges.
May 2, 2012Business
Con-way’s First-Quarter Profit Rises
Con-way Inc. said its first-quarter profit jumped from a year ago as its truckload, less-than-truckload and logistics operations all improved.
May 2, 2012BusinessAutonomous
Penske Truck Leasing Plans Refinancing
Penske Truck Leasing Co. plans to refinance $6.4 billion in debt over the next two years, Bloomberg reported.
May 2, 2012Business
U.S. Auto Sales Improve in April
U.S. sales of cars and light trucks rose 2.3% in April to 1.18 million vehicles, Bloomberg reported.
May 2, 2012Business
Factory Orders Decline 1.5%
Factory orders fell 1.5% in March, led by a decline in aircraft output, the Commerce Department said Wednesday.
May 2, 2012Business
Frozen Food Express’ 1Q Loss Narrows
Frozen Food Express Industries said late Tuesday that its first-quarter loss narrowed from a year ago.
May 2, 2012