Truckload carrier Werner Enterprises said its first-quarter profit declined to $6.9 million, or 10 cents per share, from $8.4 million, or 12 cents, a year ago.
April 16, 2009Business
Heartland Reports Flat 1Q Income
Heartland Express said its first-quarter profit was $14.1 million, or 15 cents a share, compared with $14.7 million, or 15 cents, a year ago.
April 16, 2009Business
USA Truck Reports 1Q Loss
Truckload carrier USA Truck said Thursday it took a first-quarter loss of $1.88 million, or 18 cents per share, compared with a loss of $1.95 million, or 19 cents, a year ago.
April 16, 2009BusinessTechnologyEquipmentSafety
Landstar’s First-Quarter Income Declines
Truckload carrier Landstar System said its first-quarter net income fell to $13.9 million, or 27 cents a share, from $23.7 million, or 45 cents, a year ago.
April 16, 2009BusinessGovernment
Philadelphia Factory Index Improves, but Still Shows Contraction
Manufacturing levels in the Philadelphia region continued to contract this month, the Federal Reserve Bank of Philadelphia said Thursday.
April 16, 2009Business
Continuing Jobless Claims Top 6 Million
Initial jobless claims fell last week, while continuing claims reached a record over 6 million, the Labor Department said Thursday.
April 16, 2009BusinessSafetyGovernment
Economy Continues to Contract, Fed Says
The U.S. economy continued to decline from the end of February through the beginning of April, affecting transportation industry services and demand, the Federal Reserve said Wednesday.
April 15, 2009Business
Peterbilt Temporarily Shuts Tenn. Truck Plant
Peterbilt Motors Co. temporarily closed its truck plant in Madison, Tenn., which had been idled for 10 months due to a work stoppage over stalled union contract negotiations, the Associated Press reported.
April 15, 2009BusinessGovernment
Consumer Price Index Dips 0.1%
The consumer price index fell 0.1% in March and declined over the past year for the first time in 54 years, the Labor Department said Wednesday.
April 15, 2009BusinessLogistics
US 1 Reports Flat Fourth-Quarter Income
Logistics firm US 1 Industries said its fourth-quarter net income was flat at $582,000, or 4 cents a share, compared with $579,000, or 4 cents, a year earlier.
April 15, 2009