J.B. Hunt Transport Services reported record income for its first quarter, as its trucking, intermodal and dedicated contract services segments all improved.
April 14, 2011Business
Consumer Confidence Gains in April
Consumer confidence increased in April from a 16-month low, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.
April 15, 2011Business, Government
N.Y. Factory Index Expands at Fastest Rate in a Year
Manufacturing activity in the New York region expanded at the fastest rate in a year in April, the Federal Reserve Bank of New York said Friday.
April 15, 2011Business
Industrial Production Grows 0.8%
Industrial production increased 0.8% in March, led by a rebound in consumer goods manufacturing, the Federal Reserve said Friday.
April 15, 2011Business, Government
Consumer Price Index Increases 0.5%
The consumer price index gained 0.5% in March, the Labor Department said Friday.
April 15, 2011Business
J.B. Hunt Reports Record 1Q Income
Business
Driver Turnover Rises, Showing Stronger Economy, ATA Says
Driver turnover rose sharply in last year’s fourth quarter as carriers boosted payrolls, indicating stronger economic recovery, American Trucking Associations said Thursday.
April 14, 2011Business
Producer Price Index Rises 0.7% in March
Prices paid to U.S. producers rose 0.7% in March, led by cost increases in energy and light trucks and automobiles, the Labor Department said Thursday.
April 14, 2011Business
Initial Jobless Claims Rise for Week
Initial jobless claims jumped by 27,000 last week, the Labor Department reported Thursday.
April 14, 2011Business
DOT Freight Transport Index Rises 4.1%
The Department of Transportation’s February freight transportation services index rose 4.1% from a year earlier, DOT said Wednesday.
April 13, 2011Business, Fuel
Oil Rises Over $107 Following Drop in Gasoline Inventories
Oil rose to just over $107 a barrel Wednesday following a Department of Energy reported that showed gasoline inventories last week took their biggest drop in 12 years, Bloomberg reported.
April 13, 2011