IdleAire Inc., which provided stationary power for trucks to use at truck stops in lieu of idling, is ceasing operations Friday because it was unable to find a buyer for its assets, the Knoxville (Tenn.) News-Sentinel reported.
January 29, 2010Government
Fourth-Quarter GDP Grows at Fastest Pace in Six Years
The U.S. economy expanded at a 5.7% annual rate in the fourth quarter of last year, the fastest pace since the third quarter of 2003, the Commerce Department said Friday.
January 29, 2010GovernmentBusiness
Winter Storm Hits Highways in Okla., Southeast
A winter storm heading eastward across Tennessee into the Carolinas Friday is causing havoc on roads due to ice and snow, news services reported.
January 29, 2010BusinessSafetyGovernment
NAFTA Surface Trade Decline Slows
The decline in surface transportation trade among the United States, Canada and Mexico slowed in November from a year ago compared with October figures, the Department of Transportation said Thursday.
January 28, 2010BusinessGovernment
Arkansas Best Reports 4Q Loss
Arkansas Best Corp. said Thursday it lost $88.7 million, or $3.54 per share, in the fourth quarter, compared with a loss of $11 million, or 44 cents, a year earlier.
January 28, 2010GovernmentBusiness
Ford Posts First Annual Profit in Four Years
Ford Motor Co. said Thursday it posted its first profit in four year, earning $2.7 billion and ending three straight annual losses.
January 28, 2010BusinessGovernment
Durable Goods Orders Rise in December
Durable goods orders increased in December, the Commerce Department said Thursday.
January 28, 2010GovernmentBusinessLogistics
Kansas City Southern’s 4Q Profit Falls
Kansas City Southern said Thursday it earned $32 million, 33 cents a share, in its fourth quarter, compared with $36.4 million, or 40 cents, the previous year.
January 28, 2010BusinessSafetyGovernment
Knight’s 4Q Income Declines
Truckload carrier Knight Transportation’s fourth-quarter profit fell 18.6% to $13.1 million, or 16 cents a share, compared with $16.1 million, or 19 cents, a year ago.
January 27, 2010BusinessGovernment
New ºÚÁϳԹÏÍø Sales Slip in December
New home sales fell 7.6% in December, the Commerce Department said Wednesday.
January 27, 2010