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Kansas City Southern’s 4Q Profit Grows

Kansas City Southern said it earned $51.8 million, or 50 cents a share, in its fourth quarter, compared with $32.3 million, or 34 cents, the previous year.

January 27, 2011

Business, Labor Groups Praise Obama’s Stance on Infrastructure

The U.S. Chamber of Commerce and the AFL-CIO released a joint statement Wednesday praising President Obama’s stance on boosting U.S. infrastructure in his State of the Union address Tuesday night.

January 26, 2011

Consumer Confidence Hits Eight-Month High

Consumer confidence hit its highest level in eight months in January, the New York-based Conference Board reported Tuesday.

January 25, 2011

IMF Boosts World Economic Growth Projection

The International Monetary Fund boosted its forecast for global economic growth this year, reflecting stronger U.S. output based on tax-cut extensions and higher growth in emerging economies, Bloomberg reported Tuesday.

January 25, 2011

Carol Browner Departing as Obama Energy Adviser

Carol Browner, the Obama administration’s top adviser on energy and climate issues, plans to step down from her position, the Associated Press reported, citing White House officials.

January 25, 2011

Cross-Border Trucking on Clinton’s Agenda in Mexican Talks

Cross-border trucking will be on the agenda of Secretary of State Hillary Clinton when she holds talks Monday with Mexican officials, Bloomberg reported.

January 24, 2011

Obama Calls for Simplification of Rules, Review of Regulations That Hurt Growth

President Obama signed an executive order on Jan. 18 calling for a simplification of regulations and a review of ones that stifle economic growth.

January 24, 2011

Analysts, Economists Differ on Outlook for Transportation, U.S. Growth

LAS VEGAS — Two industry analysts differed over whether trucking will tread water this year or improve its financial performance even more than it has, and economists told heavy-duty executives the danger of a double-dip recession is gone.

January 24, 2011

CSA to Affect Insurance Rates, but Direction Remains Unclear

What will happen to the cost of insurance for fleets following implementation of the Federal Motor Carrier Safety Administration’s Compliance, Safety, Accountability program? The answer: It depends.

January 24, 2011