J.B. Hunt Transport Services said Thursday its board approved increasing its quarterly cash dividend by a penny, to 11 cents per share.
February 5, 2009Search
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Interstate Bakeries Exits Chapter 11
Interstate Bakeries Corp. has emerged from bankruptcy after four years of operating under Chapter 11 protection, agreeing to a plan that gives financial control to New York investment firm Ripplewood Holdings and a group of the company’s lenders, news services reported.
February 4, 2009
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Fourth-Quarter Productivity Rises 3.2%
Fourth-quarter U.S. worker productivity increased at a 3.2% annual rate, the Labor Department said Thursday.
February 5, 2009Postal Services Reports $384 Million Loss
The U.S. Postal Service lost $384 million its first quarter, it said Wednesday.
February 5, 2009ISM Services Index Improves, But Still Shows Contraction
The U.S. economy’s service sector contracted in January but at a lower rate than previously reported, the Institute for Supply Management said Tuesday.
February 4, 2009Xata Reports Smaller 1Q Loss
Transportation software firm Xata Corp. said Wednesday it lost $716,000, or 8 cents a share, in its fiscal first quarter, compared with a loss of $1.1 million, or 14 cents, a year ago.
February 4, 2009Construction Spending Falls 1.4%
Construction spending fell 1.4% in December, the Commerce Department said Monday.
February 2, 2009ISM Manufacturing Index Contracts
Manufacturing in the U.S. contracted in January for the 12th straight month, the Institute for Supply Management said Monday.
February 2, 2009Maryland Approves Truck Toll Increase
The Maryland Transportation Authority has approved increased truck tolls its seven toll facilities, the Associated Press reported.
February 3, 2009Covenant Reports Loss for 4Q, Year
Covenant Transportation Group said Tuesday it lost $39.8 million, or $2.83 per share, compared with a profit of $176 million or 1 cent, a year ago.
February 3, 2009