Ryder System said Thursday its fourth-quarter profit improved and that its operating revenue will rise 11% this year.
February 3, 2011Business
UPS Boosting Dividend
Two days after posting a big fourth-quarter profit, UPS Inc. said it is boosting its dividend by 5 cents per share.
February 3, 2011Business
Arkansas Best’s 4Q Loss Narrows
Arkansas Best Corp. said Thursday its fourth-quarter loss was $3.1 million, or 12 cents a share, compared with a loss of $88.7 million, or $3.54 per share, a year earlier.
February 3, 2011Business
Con-way Reports Fourth-Quarter Profit
Con-way Inc. reported a fourth-quarter profit compared with a loss a year ago, though excluding costs from the previous year, operating earnings at its less-than-truckload unit slipped due to higher health-care costs.
February 3, 2011Business
Factory Orders Gain in December
Factory orders rose 0.2% in December, the Commerce Department said Thursday.
February 3, 2011Business
ISM Services Index Expands in January
The U.S. economy’s service sector expanded in January, the Institute for Supply Management said Thursday.
February 3, 2011Business
Initial Jobless Claims Drop for Week
Initial jobless claims fell by 42,000 last week, the Labor Department said Thursday.
February 3, 2011Business
Productivity Increases at Faster Pace
U.S. workers’ productivity rose at a 2.6% annual rate in the fourth quarter of 2010, the Labor Department said Wednesday.
February 3, 2011Business
ODFL’s Profit Jumps for 4Q, Year
Old Dominion Freight Line’s fourth-quarter profit more than doubled on higher tonnage, the less-than-truckload carrier said Wednesday.
February 2, 2011Business, Equipment
Bridgestone Sets 12% Increase in Truck Tire Prices
Bridgestone Bandag Tire Solutions said it is boosting prices of its Bridgestone and Firestone brand truck and bus radial tires by 12%, effective immediately.
February 2, 2011