Wright Express Corp. said it earned $4.6 million, or 11 cents a share, in the fourth quarter, down from $19 million, or 46 cents, the previous year.
February 7, 2008BusinessGovernment
Wholesale Inventories Rise 1.1%
Wholesale inventories rose 1.1% in December, though sales fell 0.7%, the Commerce Department said Friday.
February 8, 2008BusinessSafetyGovernment
P.A.M. Reports Fourth-Quarter Loss
Truckload carrier P.A.M. Transportation Services said it lost $840,000, or 8 cents a share, in the fourth quarter, compared with net income of $4.3 million, or 41 cents, a year earlier.
February 8, 2008BusinessSafetyGovernment
Navteq’s Profit Jumps for Quarter, Year
Navteq Corp., a maker of maps used in transportation navigation, said its fourth-quarter profit rose to $61.9 million, or 61 cents per share, from $42.9 million, or 45 cents, a year earlier.
February 7, 2008GovernmentBusinessSafetyLogistics
Hub Group’s Fourth-Quarter Earnings Improve
Third-party logistics company and freight broker Hub Group’s fourth-quarter profit rose 33% to a record $18 million, or 47 cents per share, up from $13.5 million, or 34 cents, a year earlier.
February 7, 2008BusinessSafetyGovernment
Xata’s Fiscal First-Quarter Loss Widens
Transportation software firm Xata Corp. said Thursday it lost $1 million, or 14 cents a share, in its fiscal first quarter, compared with a loss of $554,000, or 9 cents, a year ago.
February 7, 2008GovernmentBusiness
Snowstorm Strands Midwest Traffic
A big snowstorm that dumped more than a foot of snow in the Midwest left hundreds of motorists caught in traffic jams and delayed about 1,000 flights at Chicago’s O’Hare International Airport, news services reported.
February 7, 2008GovernmentBusinessSafety
Volvo’s N. American Sales Decline
Volvo AB said its fourth-quarter net income rose, led mostly by increased business in Eastern Europe that offset a slump in North American sales, Bloomberg reported Wednesday.
February 6, 2008GovernmentBusinessSafety
Fourth-Quarter Productivity Rises 1.8%
U.S. worker productivity rose at an annual rate of 1.8% in the fourth quarter, the Labor Department said Wednesday.
February 6, 2008BusinessSafetyGovernment
Patriot Reports First-Quarter Loss
Patriot Transportation Holding took a fiscal first-quarter loss of $139,000 or 5 cents a share, compared with net income of $2.2 million or 69 cents a year earlier.
February 6, 2008