Ryder System said Friday its fourth-quarter profit rose 9.3%, as its contract business improved.
February 1, 2008Business, Technology, Equipment, Safety
Ryder’s Fourth-Quarter Income Improves
Business
Unemployment Rate Dips to 4.9%; Payrolls Decline
The U.S. unemployment rate dipped to 4.9% in January from 5% in December, though payrolls declined, the Labor Department said Friday.
February 1, 2008Business, Safety
Rail, Intermodal Fall for Week
Rail carload and intermodal traffic fell for week ended Saturday compared with a year ago, the Association of American Railroads said.
February 1, 2008Business, Safety, Government
NAFTA Surface Trade Climbs 8.6%
Surface trade among the United States, Canada and Mexico jumped 8.6% in November from a year earlier, the Department of Transportation said Thursday.
January 31, 2008Government, Business, Safety, Logistics
New Border Security Rules Take Effect
New rules for the types of identification that U.S. and Canadian citizens must present to cross into the country took effect Thursday and authorities were optimistic the changes would not cause significant delays, the Associated Press reported.
January 31, 2008Business, Technology, Equipment, Safety
Landstar’s Fourth-Quarter Profit Improves
Truckload carrier Landstar System said Thursday its fourth-quarter net income rose to $29 million, or 54 cents a share, from $28.7 million, or 50 cents, a year earlier.
January 31, 2008Business
Old Dominion’s 4Q Income Dips
Less-than-truckload carrier Old Dominion Freight Line said Thursday its fourth-quarter profit dipped to $15.7 million, or 42 cents a share, from $17.8 million, or 48 cents, a year ago.
January 31, 2008Business, Safety
Halladay Honored with ATA’s Highest Award
American Trucking Associations said Wednesday it honored Bob Halladay with the S. Earl Dove Highway Award for his lifetime of dedication to the trucking industry.
January 31, 2008Government, Business
Personal Spending Rises at Slowest Pace in Six Months
Consumer personal spending rose at a rate of 0.2% in November, the slowest in six months, the Commerce Department said Thursday.
January 31, 2008Business
Jobless Claims Jump for Week
Initial jobless claims rose to the highest in more than two years for the week ended Saturday, the Labor Department said Thursday.
January 31, 2008