Arkansas Best Corp. reported a fourth-quarter loss and said it cut about 18% of its workforce, or about 1,100 jobs, in the quarter.
January 29, 2009Search
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Durable Goods Fall for Fifth Month
Durable goods orders fell for a fifth straight month in December, the Commerce Department said Thursday.
January 29, 2009
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
Storm System Leaves Icy Roads in Many States
A large storm system stretching from Arkansas into the Northeast has left roads with as much as three inches of ice in many areas, the Associated Press reported Wednesday.
January 28, 2009Norfolk Southern’s 4Q Profit Improves
Norfolk Southern Corp. said its fourth-quarter profit rose 13% on higher shipping costs, though its intermodal business declined.
January 28, 2009Knight’s Fourth-Quarter Profit Rises
Truckload carrier Knight Transportation’s fourth-quarter profit rose to $16.1 million, or 19 cents a share, from $13.8 million, or 16 cents, a year ago.
January 28, 2009Leading Indicators Rise 0.3% in December
An index of leading economic indicators rose 0.3% in December, marking the first gain in six months, the New York-based Conference Board said Thursday.
January 26, 2009Consumer Confidence Reaches New Record Low
Consumer confidence fell to a new record low in January, the Conference Board said Tuesday.
January 27, 2009Canadian Railroads’ 4Q Earnings Decline
Canada’s two major freight railroads reported lower fourth-quarter earnings on lower freight demand.
January 27, 2009C.H. Robinson’s 4Q Income Rises
Transportation and third-party logistics firm C.H. Robinson Worldwide said its fourth-quarter profit rose to $88.9 million, or 52 cents a share, from $85.3 million, or 49 cents, a year ago.
January 27, 2009Eaton’s Fourth-Quarter Income Declines
Vehicle parts manufacturer Eaton Corp. said Monday its fourth-quarter profit fell to $163 million, or 98 cents per share, from $256 million, or $1.71, a year earlier.
January 26, 2009