Truck stop chain TravelCenters of America said Wednesday its second-quarter loss widened to $15 million, or 90 cents per share, from $9.8 million, or 67 cents, a year ago.
August 5, 2009Business
Initial Jobless Claims Fall for Week
Initial jobless claims fell by 38,000 last week, the Labor Department said Thursday.
August 6, 2009Government, Business, Safety
Quality Reports $186 Million 2Q Loss
Tank truck carrier Quality Distribution reported a second-quarter loss of $186.2 million, or $9.58 per share, compared to income of $400,000, or 2 cents, a year ago.
August 5, 2009Business
Obama Sets $2.4 Billion in Electric-Vehicle Grants
The Obama administration said Wednesday that 48 projects will share $2.4 billion in federal grants to encourage development and use of hybrid and electric vehicles, Bloomberg reported.
August 5, 2009Business
TravelCenters’ 2Q Loss Widens
Business, Safety, Government
Evergreen Files for Chapter 11 Bankruptcy
Evergreen Transportation has filed for Chapter 11 bankruptcy protection, the truckload carrier said in a statement on its Web site.
August 5, 2009Business, Government
Factory Orders Improve in June
U.S. factory orders rose in June a third straight month, the Commerce Department said Wednesday.
August 5, 2009Business, Safety, Government
ISM Services Index Slips in July
The U.S. economy’s service sector showed a downturn in activity last month, the Institute for Supply Management said Wednesday.
August 5, 2009Business, Safety, Government
Xata Loss Narrows in Third Quarter
Transportation software firm Xata Corp. said Wednesday it lost $62,000, or 1 cent per share, in its fiscal third quarter, compared with a loss of $712,000, or 8 cents, a year ago.
August 5, 2009Business
Caterpillar Sees Higher Profit by 2012; Sets Asian Partnerships
Heavy equipment and diesel engine maker Caterpillar Inc. said its profit may increase by 2012 if the economy recovers, Bloomberg reported.
August 5, 2009Business, Fuel, Government
Oil Slips Below $70 Following DOE Report
Oil prices fell to below $70 a barrel Wednesday following a Department of Energy report that showed crude supplies rose last week, Bloomberg reported.
August 5, 2009