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Leading Economic Indicators Rise for Sixth Month

An index of leading economic indicators rose 1% in September, marking the sixth straight increase, the New York-based Conference Board said Thursday.

October 22, 2009

Caterpillar Announces Next CEO

Heavy equipment manufacturer Caterpillar Inc. said Thursday that Douglas Oberhelman will become its chief executive officer in July 2010.

October 22, 2009

Universal Truckload Services’ Income Drops

Universal Truckload Services said its third-quarter net income plunged 68.6% to $1.7 million, or 11 cents per share, from $5.4 million, 34 cents, a year ago.

October 22, 2009

C.H. Robinson’s 3Q Profit Improves

Transportation and third-party logistics firm C.H. Robinson Worldwide reported a third-quarter profit of $95.5 million, or 57 cents a share, up slightly from $93.6 million, or 54 cents a share, a year ago.

October 21, 2009

Arkansas Best Takes 3Q Loss; CEO Davidson to Step Down

Arkansas Best Corp. said Wednesday it took a third-quarter loss and that Chief Executive Officer Robert Davidson will retire at the end of this year, to be succeeded by Judy McReynolds.

October 21, 2009

Knight’s 3Q Income Declines

Truckload carrier Knight Transportation’s third-quarter profit fell to $13.1 million, or 16 cents a share, compared with $16 million, or 19 cents, a year ago.

October 21, 2009

Forward Air’s 3Q Income Declines

Forward Air Corp. said late Wednesday its third-quarter profit fell to $3.8 million, or 13 cents per share, from $12.1 million, or 42 cents, a year ago.

October 21, 2009

Trucking Sluggish in Some Regions, Fed ‘Beige Book’ Says

Despite some signs of economic recovery, transportation services activity in most regions declined in the six weeks through mid-October, the Federal Reserve said Wednesday.

October 21, 2009

Housing Starts Rise 0.5% in September

Housing starts rose 0.5% in September, while building permits declined, the Commerce Department said Tuesday.

October 20, 2009

Producer Price Index Falls in September

Prices paid to U.S. producers fell 0.6% in September, the Labor Department said Tuesday.

October 20, 2009