Tank truck carrier Quality Distribution said it expects to post profits for both the fourth quarter and full-year 2011.
February 10, 2012BusinessFuelGovernment
U.S. Trade Deficit Widens to Six-Month High
The U.S. trade deficit expanded by 3.7% in December as imports climbed to the highest level in more than three years, the Commerce Department said Friday.
February 10, 2012BusinessGovernmentLogistics
Consumer Confidence Drops
Consumer confidence declined this month, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
February 10, 2012Business
UPS Boosts Dividend
UPS Inc. said late Thursday that its board of directors has raised the company’s quarterly dividend to 57 cents a share, from 52 cents.
February 10, 2012BusinessSafetyGovernment
P.A.M. Turns Fourth-Quarter Profit
Truckload carrier P.A.M. Transportation Services reported a fourth-quarter profit after posting a loss in the same quarter last year.
February 9, 2012Business
Daimler Trucks’ 4Q Earnings Rise
Daimler Trucks’ fourth-quarter earnings before interest and taxes rose 5% to 422 million euros ($569.7 million), reflecting a 22% increase in worldwide truck sales, parent company Daimler AG said.
February 9, 2012BusinessLogistics
Pacer Swings to Fourth-Quarter Profit
Pacer International on Thursday reported a fourth-quarter profit, turning around a loss in the same quarter a year ago.
February 9, 2012BusinessLogistics
RedStone Logistics Acquires Headhaul.com
Third-party logistics firm RedStone Logistics said it has acquired Headhaul.com, a logistics services company. Terms were not disclosed.
February 9, 2012Business
Wholesale Inventories Rise in December
Wholesale inventories climbed 1% in December, the Commerce Department said Thursday.
February 9, 2012Business
Jobless Claims Fall for Week
Initial jobless claims decreased last week, the Labor Department said Thursday.
February 9, 2012