Truckload carrier Landstar System said Thursday its third-quarter earnings rose to $21.8 million, or 44 cents per share, from $20.1 million, or 39 cents, a year ago.
October 14, 2010Search
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U.S. Trade Deficit Widens
The U.S. trade deficit widened by 8.8% in August, the Commerce Department said Thursday.
October 14, 2010Jobless Claims Increase for Week
Initial jobless claims grew by 13,000 last week, the Labor Department said Thursday.
October 14, 2010Producer Price Index Rises for Third Month
Prices paid to U.S. producers rose 0.4% in September, the third straight monthly gain, the Labor Department said Thursday.
October 14, 2010J.B. Hunt Posts Higher 3Q Profit
J.B. Hunt Transport Services said its third-quarter profit rose from a year ago as intermodal volumes jumped and truck segment pricing improved.
October 15, 2010DOE Boosts 2010 Diesel-Price Forecast by 3¢, to $2.96 a Gallon
The Department of Energy boosted its projected 2010 diesel-price forecast by 3 cents to $2.96 a gallon, and lifted its forecast for 2011 by 4 cents, to $3.14.
October 13, 2010Obama Lifts Ban on Deepwater Oil Drilling
The Obama administration has lifted a moratorium on deep-water oil drilling that it imposed in April in the wake of the BP oil spill in the Gulf of Mexico, the Associated Press reported.
October 13, 2010Opinion: Downtime and Subrogation
Insurance companies and motor carriers pursue subrogation aggressively today. It was not always so. In years past, the focus was on adjusting claims, getting vehicles back on the road and closing files as soon as possible.
October 14, 2010Import Prices Drop 0.3% in September
The price of goods imported to the United States fell 0.3% in September on lower oil prices, the Labor Department said Wednesday.
October 13, 2010CSX’s Third-Quarter Income Jumps 43%
CSX Corp. said its third-quarter profit jumped 43% as shipments improved.
October 13, 2010