Werner Enterprises said its fourth-quarter profit jumped 34% on higher freight demand.
January 27, 2011Business
Covenant Reports Fourth-Quarter Profit
Covenant Transportation Group reported a fourth-quarter profit of $700,000, or 5 cents per share, compared with a loss of $2.7 million, or 19 cents, a year earlier.
January 27, 2011Business
Eaton’s 4Q Profit Jumps 30% on Strong Truck Market
Truck and auto components maker Eaton Corp. said Thursday its fourth-quarter profit jumped 30% on stronger performance by its truck unit.
January 27, 2011Business
USA Truck’s Fourth-Quarter Loss Narrows
USA Truck reported a loss of $1.8 million, or 17 cents per share, compared with a loss of $2.5 million, or 24 cents, a year ago.
January 27, 2011Business
Caterpillar’s 4Q Income More Than Quadruples
Heavy equipment maker Caterpillar Inc. said Thursday its fourth-quarter net income more than quadrupled on higher sales.
January 27, 2011Business
Durable Goods Orders Slip in December
Durable goods orders declined 2.5% in December but improved excluding transportation orders, the Commerce Department said Thursday.
January 27, 2011Business
Initial Jobless Claims Grow for Week
Initial jobless claims increased by 51,000 last week, the Labor Department said Thursday.
January 27, 2011Government, Business, Logistics
Kansas City Southern’s 4Q Profit Grows
Kansas City Southern said it earned $51.8 million, or 50 cents a share, in its fourth quarter, compared with $32.3 million, or 34 cents, the previous year.
January 27, 2011Government, Business
Business, Labor Groups Praise Obama’s Stance on Infrastructure
The U.S. Chamber of Commerce and the AFL-CIO released a joint statement Wednesday praising President Obama’s stance on boosting U.S. infrastructure in his State of the Union address Tuesday night.
January 26, 2011Business
Fed Keeps Interest Rate at Record Low
The Federal Reserve voted Wednesday to keep a key U.S. interest rate at a record low rate of zero to 0.25%.
January 26, 2011