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Philadelphia Manufacturing Index Rebounds

Manufacturing activity in the Philadelphia region increased in July, the Federal Reserve Bank of Philadelphia said Thursday.

July 21, 2011

Swift Swings to Second-Quarter Profit

Swift Transportation Co. posted a second-quarter profit compared with a loss a year ago, the company said Thursday.

July 21, 2011

Meritor Names Bowes Trucking Chief; Tightens 3Q Earnings, Revenue Forecast

Trucking components maker Meritor Inc. Thursday named Tim Bowes head of its commercial truck unit and said that Carsten Reinhardt, formerly its chief operating officer, has left the company.

July 21, 2011

USA Truck’s Second-Quarter Profit Declines

USA Truck reported a second-quarter profit of $600,000, or 6 cents per share, compared with earnings of $900,000, or 9 cents, a year ago.

July 21, 2011

Landstar’s 2Q Profit Improves

Landstar System said Thursday its second-quarter net income rose to $29.6 million, or 62 cents a share, from $24.4 million, or 49 cents, a year ago.

July 21, 2011

Initial Jobless Claims Rise 10,000 for Week

Initial jobless claims increased by 10,000 to 418,000 last week, the Labor Department said Thursday.

July 21, 2011

Intermodal Traffic Rises 1.2% for Week

Intermodal traffic increased 1.2% last week from a year ago, the Association of American Railroads reported.

July 22, 2011

Vitran Posts Second-Quarter Loss

Vitran Corp. late Thursday reported a second-quarter loss, compared with a profit a year ago.

July 22, 2011

Oil Hits One-Month High Over $99 a Barrel

Oil finished the day Thursday over $99 a barrel on the New York Mercantile Exchange, a one-month high, following a positive economic indicator, Bloomberg reported.

July 21, 2011

Court Rules Against Port of Long Beach’s Clean Trucks Plan

A federal district court judge has ruled that the Port of Long Beach violated California environmental law when it altered its clean trucks program without first performing a required environmental review, the Long Beach Press-Telegram reported.

July 20, 2011